What's New

Five companies, including Milky Mist Dairy Food and Curefoods India, have received Sebi's approval for their IPOs, signaling a robust primary market. These firms aim to raise substantial funds for expansion, debt repayment, and modernization. The approvals come as the Indian market sees a surge in IPO activity.

Retail investors primarily use Non-Associate Distributors (65.30%), while banks/FIIs prefer direct investment (95.45%). Assets from B30 locations are rapidly growing (up 15% yearly) and are heavily concentrated in equity schemes (76.60%).

Mutual fund assets from beyond India's top 30 cities reached 19% in September 2025, a significant rise. These B30 locations show a strong preference for equity schemes. Individual investor assets from these areas also saw an increase, highlighting growing participation from smaller towns in the Indian mutual fund landscape.

Two Indian infrastructure investment trusts are set to raise over 26 billion rupees through new bond sales. Oriental Infratrust and IRB InvIT Fund will tap the debt market between October and November. These issuances are highly rated by agencies. InvITs allow investment in infrastructure projects, offering income to investors.

Orkla India, the parent of MTR Foods, has set an IPO price band of Rs 695 to Rs 730 per share, aiming for a valuation of Rs 10,000 crore. The company will launch its offering for retail investors on October 29, with anchor investors bidding a day prior.