{"id":43213,"date":"2025-11-08T12:21:38","date_gmt":"2025-11-08T06:51:38","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/08\/ipo-frenzy-lenskart-physicswallah-and-groww-headline-a-week-of-up-to-22-percent-listing-gains\/"},"modified":"2025-11-08T12:21:38","modified_gmt":"2025-11-08T06:51:38","slug":"ipo-frenzy-lenskart-physicswallah-and-groww-headline-a-week-of-up-to-22-percent-listing-gains","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/08\/ipo-frenzy-lenskart-physicswallah-and-groww-headline-a-week-of-up-to-22-percent-listing-gains\/","title":{"rendered":"IPO Frenzy: Lenskart, PhysicsWallah, and Groww Headline a Week of Up to 22 Percent Listing Gains"},"content":{"rendered":"<div>\n<p><b>Mumbai (Maharashtra) [India], November 8: <\/b><span style=\"font-weight: 400;\">Dalal Street\u2019s IPO party isn\u2019t slowing down. With nine listings queued up and grey market premiums climbing, investors are eyeing quick gains, some as high as 22%.<\/span><\/p>\n<h3><b>India\u2019s IPO Season Is Back in Beast Mode<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If you thought India\u2019s IPO wave was cooling, think again. The coming week will see a new burst of listings led by three heavyweight startups, Lenskart, PhysicsWallah, and Groww, alongside a clutch of manufacturing and SME players. <\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">Grey market whispers suggest healthy listing pops, with premiums ranging between 4% and 22%. For short-term traders, that\u2019s music. For long-term investors, it\u2019s a reminder that India\u2019s capital market still loves a good growth story.<\/span><\/p>\n<\/blockquote>\n<h3><b>Tenneco Clean Air Leads with 22% Premium<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Automotive systems supplier <\/span><b>Tenneco Clean Air India<\/b><span style=\"font-weight: 400;\"> is revving the loudest. With a grey market premium (GMP) of <\/span><b>\u20b987<\/b><span style=\"font-weight: 400;\"> over its issue price of <\/span><b>\u20b9397<\/b><span style=\"font-weight: 400;\">, the listing implies a 22% upside.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company\u2019s strong fundamentals, exposure to clean-tech components, and a well-timed narrative around \u201cgreen mobility\u201d make it the week\u2019s hottest pick.<\/span><\/p>\n<h3><b>PhysicsWallah: India\u2019s Edtech Star Goes Public<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Next up, <\/span><strong><a href=\"https:\/\/www.moneycontrol.com\/ipo\/physicswallah-ltd-pl09-ipodetail\" target=\"_blank\" rel=\"noopener\">PhysicsWallah<\/a><\/strong><span style=\"font-weight: 400;\">, India\u2019s most profitable online learning unicorn, is heading for its market debut. The IPO, valued at <\/span><b>\u20b93,480 crore<\/b><span style=\"font-weight: 400;\">, opens on <\/span><b>November 11<\/b><span style=\"font-weight: 400;\"> and lists on <\/span><b>November 18<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With a modest GMP of <\/span><b>\u20b95<\/b><span style=\"font-weight: 400;\">, roughly a <\/span><b>5% premium<\/b><span style=\"font-weight: 400;\"> over the issue price of <\/span><b>\u20b9109<\/b><span style=\"font-weight: 400;\">, the listing might not light up the sky. But it carries symbolic weight. PhysicsWallah is the first Indian edtech firm to go public <\/span><b>while profitable<\/b><span style=\"font-weight: 400;\">, a rare headline in a sector that\u2019s been all burn, no earn.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For India\u2019s retail investors, this listing is a confidence test for the entire edtech ecosystem.<\/span><\/p>\n<h3><b>Emmvee Photovoltaic Rides the Solar Boom<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Solar power manufacturer <\/span><b>Emmvee Photovoltaic Power<\/b><span style=\"font-weight: 400;\"> has caught the clean-energy wave, trading at a <\/span><b>\u20b920<\/b><span style=\"font-weight: 400;\"> GMP or about <\/span><b>9%<\/b><span style=\"font-weight: 400;\"> above its issue price of <\/span><b>\u20b9217<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">The firm\u2019s <\/span><b>\u20b92,900 crore<\/b><span style=\"font-weight: 400;\"> issue is expected to fund capacity expansion and working capital, both crucial in India\u2019s surging solar market.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Investors are betting on the government\u2019s push toward renewable energy and domestic manufacturing incentives.<\/span><\/p>\n<h3><b>Groww IPO: Retail\u2019s New Darling<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Fintech unicorn <\/span><b>Groww<\/b><span style=\"font-weight: 400;\">, already a household name among millennial investors, closed its <\/span><b>\u20b96,632 crore<\/b><span style=\"font-weight: 400;\"> IPO with a bang, subscribed <\/span><b>17.6 times<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its GMP of <\/span><b>\u20b95<\/b><span style=\"font-weight: 400;\">, a <\/span><b>5% listing gain<\/b><span style=\"font-weight: 400;\"> over the issue price of <\/span><b>\u20b9100<\/b><span style=\"font-weight: 400;\">, might seem humble, but the strong institutional demand says it all. Investors clearly see long-term value in Groww\u2019s digital-first investing model.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even with high valuations, Groww\u2019s brand power, scale, and trust factor keep it a must-watch listing.<\/span><\/p>\n<h3><b>Lenskart\u2019s \u20b97,278 Crore IPO Eyes Steady Start<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Eyewear retail giant <\/span><b>Lenskart Solutions<\/b><span style=\"font-weight: 400;\"> rounds out the trio of headline acts. Its issue, worth <\/span><b>\u20b97,278 crore<\/b><span style=\"font-weight: 400;\">, saw an impressive <\/span><b>28x subscription<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Still, the GMP sits at a modest <\/span><b>\u20b917<\/b><span style=\"font-weight: 400;\">, or about <\/span><b>4%<\/b><span style=\"font-weight: 400;\"> over its issue price, likely capped by valuation worries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But make no mistake: Lenskart is a consumer-tech success story India can claim proudly. With omnichannel dominance, slick branding, and expanding global reach, it\u2019s more marathon than sprint.<\/span><\/p>\n<h3><b>SME Segment: Select Buzz, Muted Premiums<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In the SME corner, enthusiasm is more selective. <\/span><b>Curis Lifesciences<\/b><span style=\"font-weight: 400;\"> is leading with a <\/span><b>\u20b97.5<\/b><span style=\"font-weight: 400;\"> premium (<\/span><b>6% upside<\/b><span style=\"font-weight: 400;\">), while <\/span><b>Shining Tools<\/b><span style=\"font-weight: 400;\"> follows at <\/span><b>\u20b97<\/b><span style=\"font-weight: 400;\"> (<\/span><b>6%<\/b><span style=\"font-weight: 400;\">).<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">Others, like <\/span><b>Mahamaya Lifesciences<\/b><span style=\"font-weight: 400;\"> and <\/span><b>Workmates Core2Cloud<\/b><span style=\"font-weight: 400;\">, haven\u2019t seen major grey market movement, showing that while retail appetite is strong, it\u2019s also picky.<\/span><\/p>\n<\/blockquote>\n<h3><b>The Bigger Picture<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Nine IPOs in a single week. A market riding high on liquidity, retail euphoria, and India\u2019s growth story.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sure, some of these listings will cool off after debut day. But the underlying sentiment is clear: <\/span><b>Dalal Street is back to betting on Bharat\u2019s next-gen economy.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The data-driven optimism, backed by real profits in startups like PhysicsWallah and established scale in Groww and Lenskart, signals a maturing market. Investors are no longer chasing hype alone; they\u2019re rewarding sustainability and brand strength.<\/span><\/p>\n<h3><b>Verdict? Watch the Momentum, Respect the Valuations<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The coming week will likely deliver solid pops, but expect volatility too. High-profile IPOs tend to attract fast hands, and post-listing corrections are common.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For serious investors, the smarter play might be to watch how these stocks settle after the first week. Long-term winners in India\u2019s IPO arena often emerge <\/span><b>after<\/b><span style=\"font-weight: 400;\"> the initial chaos fades. <\/span><span style=\"font-weight: 400;\">Still, with sentiment this charged, even the cautious ones might find themselves reaching for the \u201csubscribe\u201d button.<\/span><\/p>\n<p><strong><a href=\"https:\/\/pnndigital.com\/category\/news\/\">PNN News<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], November 8: Dalal Street\u2019s IPO party isn\u2019t slowing down. With nine listings queued up and grey market premiums climbing, investors are eyeing quick gains, some as high as 22%. India\u2019s IPO Season Is Back in Beast Mode If you thought India\u2019s IPO wave was cooling, think again. The coming week will see&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/08\/ipo-frenzy-lenskart-physicswallah-and-groww-headline-a-week-of-up-to-22-percent-listing-gains\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;IPO Frenzy: Lenskart, PhysicsWallah, and Groww Headline a Week of Up to 22 Percent Listing Gains&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":43214,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[638],"tags":[641],"class_list":["post-43213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-finance"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=43213"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/43214"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=43213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=43213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=43213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}