Sebi has cleared 13 IPOs in a week, including Urban Company’s ₹1,900 crore issue. The IPO will raise ₹429 crore via fresh shares and ₹1,471 crore through an OFS by investors such as Accel, Elevation, Tiger Global, and Vy Capital, down from the earlier planned ₹3,000 crore.

Urban Company is launching a Rs 1,900 crore IPO on September 10, closing September 12. With strong brand recall, a tech-driven hyperlocal model, and over 97 million service orders completed, it’s one of FY26’s most anticipated listings. Allotment is on September 15, with listing scheduled for September 17.

Accel, one of Facebook’s early investors, is set to reap a 2,600% return in Urban Company’s upcoming Rs 1,900 crore IPO. As per the red herring prospectus (RHP), Accel India holds 14.56 crore shares, a 9.9% fully diluted stake in the tech-enabled home services platform.

Despite equities underperforming, Indian investors are pouring record sums into them, while gold and silver have quietly emerged as wealth creators. Experts suggest a balanced asset allocation strategy, including equities for growth, fixed income for stability, and gold for resilience. A disciplined approach to savings, patience, and balance is crucial for achieving financial freedom, rather than solely chasing high returns.

India’s GST overhaul introduces 5%, 18%, and 40% slabs, boosting consumption and aiding FMCG, auto, and insurance sectors. Coal, luxury goods, casinos, and energy drinks face higher taxes. While ITC and Godfrey Phillips benefit from reduced tax uncertainty, Delta Corp, Nazara, and premium auto firms may see near-term pressure.

Mukesh Ambani is gearing up for Jio's mega IPO — tipped as the "mother of all IPOs" – but Reliance Industries' 44 lakh shareholders may be sidelined. Unlike the Jio Financial Services spin-off, this listing won't give them direct shares. Instead, they'll benefit indirectly via RIL’s 66.3% stake, which may face a holding company discount from investors seeking direct exposure.

Despite a recent dip in Reliance Industries' stock after its AGM, brokerages remain optimistic, setting target prices as high as Rs 1,733. The Jio IPO is anticipated to be a major listing, potentially re-rating telecom stocks, though a holding company discount could temper benefits for RIL shareholders.

Mukesh Ambani is making a bold AI push with the launch of Reliance Intelligence, promising "AI everywhere for every Indian." At RIL’s AGM, AI took center stage, signaling a shift from oil to deep tech. With $100 million in joint ventures, giga-scale data centers, and global partnerships, brokerages call it India’s most aggressive GenAI play yet.

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ITC shares have delivered no returns in two years amid GST, BAT stake sale, and Marlboro concerns. Jefferies expects revenue-neutral GST changes, which could ease investor worries and support steady cigarette industry growth.

The GST Council's sweeping rate cuts across sectors have ignited a market rally, with auto, FMCG, cement, insurance, and consumer durable stocks in sharp focus. Two-wheelers, small cars, cement, insurance, and packaged goods are now significantly cheaper. Analysts expect stronger consumption, improved margins, and GDP growth. Key beneficiaries include M&M, ITC, Hero MotoCorp, UltraTech, and SBI Life.