Brookfield-backed Indian energy company Clean Max said it plans a scaled-down initial public offering

Clean Max Enviro Energy Solutions Ltd., a renewable energy company backed by Brookfield Corp., is preparing to launch its initial public offering in February with a smaller deal size, according to people familiar with the matter.The Mumbai-based company is now planning an initial public offering of about $350 million to $400 million, down from a […]

Patience with domestic money will be tested and FPIs could return in 2026

Liquidity chases performance. Assets and markets that outperform others attract liquidity, and that will always be the case; It was no different in 2025. Within the global equity canvas, major markets have almost all outperformed Indian equities. Unlike domestic participants who invest largely in Indian equities, FPIs can choose from a wide range of markets.There […]

The 2025 IPO rush was more about paying out shareholders than driving growth

Mumbai: India’s red-hot IPO market in 2025 was driven less by companies bringing in growth capital and more by existing shareholders using high valuations to cash out. Of the 103 motherboard listings that raised ₹1,75,901 crore, ₹1,11,495 crore, or 63.4% of the total proceeds, was sent to existing shareholders through the OFS route. In contrast, […]

FPIs extend IT sell-off, dumping Rs 4,873 crore in the first half of November

Mumbai: Information technology continued to bear the brunt of foreign sales as foreign investors sold shares worth ₹4,873 crore in the first half of November after selling ₹2,194 crore in October. The sector has witnessed foreign selling for the fourth month in a row, with foreign investors dumping shares worth over ₹70,000 crore between January […]