IPO Ahead! Electrical products maker Biocon Electric files draft papers with Sebi

What happened: Biocon Electric filed draft papers with Sebi for an IPO combining a fresh issue of up to 48,00,000 equity shares and an offer for sale of up to 11,00,000 shares by five promoter-selling shareholders. Listing is proposed on the Main Board of BSE and NSE. Key numbers: FY2026 revenue from operations Rs 19,673.37 lakh, up 37.94%. PAT Rs 1,414.05 lakh, up 22.96%. Why it matters: The filing sets allocation terms for QIBs, non-institutional and retail bidders. Revenue growth came with lower EBITDA and PAT margins, and FY2026 revenue included one-time aluminium rod trading.

Biocon Electric filed draft papers with Sebi for an IPO combining a fresh issue of up to 48,00,000 equity shares and an offer for sale of up to 11,00,000 shares by five promoter-selling shareholders. Listing is proposed on the Main Board of BSE and NSE.

The filing sets allocation terms for QIBs, non-institutional and retail bidders. Revenue growth came with lower EBITDA and PAT margins, and FY2026 revenue included one-time aluminium rod trading.