SEBI Boosts IPO Anchor Book Limit to 40%
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🗞️ PhysicsWallah IPO price band set at ₹103–109
PhysicsWallah announced its IPO price band at ₹103–₹109 per share, targeting strong retail and institutional participation. The EdTech firm’s debut marks a new phase of India’s startup-to-public story.
💬 Expert Take — “If PhysicsWallah lists successfully, it will cement India’s education-tech sector as a viable public market play, post-Byju’s turbulence.”
🗞️ Groww IPO fully subscribed on Day 2
Groww achieved 100% subscription by the second day, driven by strong retail and QIB demand. Analysts cite its consistent investor base and brand strength as key factors behind the response.
🗞️ LIC Q2 profit rises 31% YoY to ₹10,098 crore
LIC reported a 31% YoY growth in consolidated PAT to ₹10,098 crore, with net premium income up 5%. The insurer’s solid results boosted optimism for the sector’s steady recovery.
🗞️ Bajaj Housing Finance profit up 18% YoY
Bajaj Housing Finance posted an 18% YoY rise in profit to ₹643 crore for Q2 FY26, supported by a 34% surge in net interest income and sustained loan growth momentum.
🗞️ SBI Funds Management IPO likely in 2026
The SBI Board has approved plans to divest a 6.3% stake in SBI Funds Management via an IPO expected in 2026. This move could be one of the biggest AMC listings in India.
🗞️ India’s real estate market to hit $10 trillion by 2047
According to a Knight Frank–NAREDCO report, India’s real estate sector is projected to reach $10 trillion by 2047, driven by urbanization, infrastructure expansion, and policy reforms.
💬 Expert Take — “Real estate is no longer just cyclical — it’s becoming structural, backed by demographics, tech integration, and steady institutional flows.”
🗞️ SEBI expands IPO anchor book to 40%
SEBI has increased the IPO anchor book limit to 40% of the total issue size to widen institutional participation and improve price discovery.
📊 Market Update
📉 Sensex: 83,311.01 ▼ 148.14 pts (-0.18%)
📉 Nifty 50: 25,509.70 ▼ 87.95 pts (-0.34%)
💱 USD/INR: 88.26
🪙 Gold (per gram, Pune): 24K ₹12,191 ▲ ₹43 | 22K ₹11,175 ▲ ₹40
🥈 Silver (per kg): ₹1,51,500 ▲ ₹1,000