The clubbed IPO sizes add up to about Rs 16,000 crore plus, excluding undisclosed issue sizes of Boat and Priority Jewels.

MUMBAI, 2nd SEPTEMBER, 2025 (GPN): Capital markets regulator Securities and Exchange Board of India (SEBI) cleared 13 IPOs, adding momentum to the pipeline of companies set to list in the second half of the year. The approvals include Tiger Global-backed Urban Company and consumer electronics player Imagine Marketing, the parent of Boat.

Tiger Global-backed Urban Company received Sebi’s nod for a Rs 1,900-crore issue, paving the way for one of the largest consumer internet listings this year. The offer comprises a fresh issue worth Rs 429 crore and an offer-for-sale (OFS) of Rs 1,471 crore by existing investors, including Accel, Bessemer, Elevation, Internet Fund V, and VYC11. Founded in 2014 by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan, the Gurugram-based firm provides at-home services across beauty, cleaning, and repairs. Proceeds from the fresh issue will go towards organic growth, technology investments, and general corporate purposes.

Boat, which earlier deferred its IPO, revived the process this year through Sebi’s confidential pre-filing route. Parent Imagine Marketing filed on April 9 and received clearance on August 1.SEBI has given approval for Warburg Pincus-backed Imagine Marketing, the parent company of electronics brand boAt (known for its headphones and smart watches), which has confidentially filed draft papers for an IPO in April. Reports indicated that the firm is planning to raise funds at a valuation of Rs 13,000 crore.Its IPO is expected to draw close investor attention given the brand’s scale in wearables and lifestyle electronics.

Gurugram-based renewable power producer Juniper Green Energy, which had filed preliminary papers with the SEBI in June this year, targets to raise funds up to Rs 3,000 crore via initial share sale for repayment of borrowings up to Rs 2,250 crore.

API intermediates and speciality chemicals maker Allchem Lifescience had filed IPO papers in March this year. Its IPO will be a combination of fresh issuance of shares worth Rs 190 crore, and an offer-for-sale of 71.55 lakh shares by promoters.The clubbed IPO sizes add up to about Rs 16,000 crore plus, excluding undisclosed issue sizes of Boat and Priority Jewels.

The companies that received Sebi’s observation letters include Urban Company, boAt, Corona Remedies, Pace Digitek, Jain Resource, and Juniper Green and Draft papers of others like Allchem Lifescience, Om Freight Forwarders, Priority Jewels, Mouri Tech, Ravi Infrabuild Projects, KSH International, and Omnitech Engineering. These issues span fresh offerings, OFS, and combined structures.