Business
IPO Calendar: Two Issues To Hit The Market; PhysicsWallah Listing In Focus This Week
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With fresh issues and major listings lined up, the action in the IPO market is likely to remain steady through the month.
News18
IPO Calendar 2025: As we head to the third week of November, primary market will remain abuzz, with two new mainboard and SME issues hitting the market and listing of PhysicsWallah. November also witnessed the launch of several stellar and heavyweight IPOs of 2025, including Billionbrains Garage Ventures (Groww), Pine Labs, Lenskart, etc.
One Mainboard And One SME IPOs To Hit The Market
The market is seeing four IPOs that are currently accepting applications or are about to open this week.
Excelsoft Technologies IPO will open this week between Friday, November 19, 2025, and November 21, 2025. The company is raising Rs 500 and will list shares on both BSE and NSE exchnages. The price band of the issue is Rs 114-120.
Another IPO is Gallard Steel. It is BSE SME IPO, raising Rs 37.50 crore. The issue will open between Friday, November 19, 2025, and November 21, 2025. The price band is Rs 142-150.
Meanwhile, two other major IPOs are closing soon. Fujiyama Power Systems Ltd. IPO is active from Thursday, November 13, 2025, to Monday, November 17, 2025. This large offering, managed by Motilal Oswal Investment, is raising Rs 828.00 crore and has shares priced between Rs 216.00 and Rs 228.00. The Capillary Technologies India Ltd. IPO, which runs from Friday, November 14, 2025, to Tuesday, November 18, 2025, is seeking an even higher amount of Rs 877.50 crore at a premium price of Rs 549.00 to Rs 577.00 per share. Both Fujiyama and Capillary will be listing on the main BSE and NSE exchanges, with JM Financial acting as the lead manager for Capillary.
Upcoming Listings
Five companies have recently concluded their Initial Public Offerings and are now in the process of getting listed on the stock exchanges.
Three of these are very large Main Board issues. The Tenneco Clean Air India Ltd. IPO, which closed on Friday, November 14, 2025, is the biggest, having raised a massive Rs. 3,600.00 crore. The PhysicsWallah Ltd. IPO closed on Thursday, November 13, 2025, and successfully raised a substantial Rs. 3,480.71 crore with an issue price of Rs. 103.00 to Rs. 109.00. Also closing on the 13th was the Emmvee Photovoltaic Power Ltd. IPO, which raised Rs. 2,900.00 crore at a price between Rs. 206.00 and Rs. 217.00 per share. All three will list on the BSE and NSE. JM Financial managed Tenneco and Emmvee, while Kotak Mahindra Capital managed PhysicsWallah.
The remaining two are smaller issues listed on the BSE SME platform, both closing on Thursday, November 13, 2025. Mahamaya Lifesciences Ltd. IPO raised Rs. 70.44 crore with an issue price between Rs. 108.00 and Rs. 114.00, led by Oneview Corporate. The Workmates Core2Cloud Solution Ltd. IPO raised a similar amount, Rs. 69.84 crore, at an issue price of Rs. 204, managed by Horizon Management.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
November 16, 2025, 17:41 IST
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Business
Chip ambitions: India targets top-four semiconductor rank by 2032; Ashwini Vaishnaw outlines 2035 roadmap – The Times of India
India is set to emerge as one of the world’s top four semiconductor manufacturing nations by 2032 and aims to become the best by 2035, driven by its talent base and expanding ecosystem, Union minister for electronics and IT Ashwini Vaishnaw said on Friday, reported PTI .Speaking on the sidelines of an event announcing approval of 22 projects worth Rs 41,863 crore under the Electronics Components Manufacturing Scheme (ECMS), Vaishnaw said four chip companies will begin commercial production in 2026, with major automobile and telecom firms expected to source semiconductors domestically.“I think by 2032, we would be very significant among the top 4 nations of the semiconductor industry, and by 2035, we would be among the best. This direction is clearly visible. This can be clearly predicted,” Vaishnaw said .Under the Semicon India Programme, the government has so far approved 10 manufacturing units — including two fabrication plants and eight assembly, testing and packaging units — involving investments of about Rs 1.6 lakh crore, according to the minister.Detailing the production timeline, Vaishnaw said, “The plants which started pilot production last year, they are the ones that will get into commercial production earlier, which is Kaynes and CG Semi. Micron has also started pilot production very recently. They will also go next month. Tata plant in Assam will start pilot production by middle of the year, and by the end of the year they will start the commercial production,” he said .In parallel, India’s chip design capabilities are also expanding. Under the Design Linked Incentive (DLI) scheme, 24 chip design projects are being supported through startups, representing a total project value of Rs 920 crore.Vaishnaw attributed India’s growing prominence in semiconductors to a strong focus on talent development. He said students across 298 universities in the country are now designing chips that are being validated.“We could not count more than 20 universities in the whole world, including the US, China, Japan, Taiwan and South Korea, where students can design a chip, manufacture it, and validate the product. India has, because of our focus on silicon, 298 universities,” Vaishnaw said .The minister said this expanding talent pipeline, combined with large-scale manufacturing investments, is positioning India to play a decisive role in the global semiconductor value chain over the next decade.
Business
Woman felt ‘dehumanised’ after Musk’s Grok AI used to digitally remove her clothes
A woman has told the BBC she felt “dehumanised and reduced into a sexual stereotype” after Elon Musk’s AI Grok was used to digitally remove her clothing.
The BBC has seen several examples on the social media platform X of people asking the chatbot to undress women to make them appear in bikinis without their consent, as well as putting them in sexual situations.
XAI, the company behind Grok, did not respond to a request for comment, other than with an automatically-generated reply stating “legacy media lies”.
Samantha Smith shared a post on X about her image being altered, which was met with comments from those who had experienced the same – before others asked Grok to generate more of her.
“Women are not consenting to this,” she said.
“While it wasn’t me that was in states of undress, it looked like me and it felt like me and it felt as violating as if someone had actually posted a nude or a bikini picture of me.”
A Home Office spokesperson said it was legislating to ban nudification tools, and under a new criminal offence, anyone who supplied such tech would “face a prison sentence and substantial fines”.
The regulator Ofcom said tech firms must “assess the risk” of people in the UK viewing illegal content on their platforms, but did not confirm whether it was currently investigating X or Grok in relation to AI images.
Grok is a free AI assistant – with some paid for premium features – which responds to X users’ prompts when they tag it in a post.
It is often used to give reaction or more context to other posters’ remarks, but people on X are also able to edit an uploaded image through its AI image editing feature.
It has been criticised for allowing users to generate photos and videos with nudity and sexualised content, and it was previously accused of making a sexually explicit clip of Taylor Swift.
Clare McGlynn, a law professor at Durham University, said X or Grok “could prevent these forms of abuse if they wanted to”, adding they “appear to enjoy impunity”.
“The platform has been allowing the creation and distribution of these images for months without taking any action and we have yet to see any challenge by regulators,” she said.
XAI’s own acceptable use policy prohibits “depicting likenesses of persons in a pornographic manner”.
In a statement to the BBC, Ofcom said it was illegal to “create or share non-consensual intimate images or child sexual abuse material” and confirmed this included sexual deepfakes created with AI.
It said platforms such as X were required to take “appropriate steps” to “reduce the risk” of UK users encountering illegal content on their platforms, and take it down quickly when they become aware of it.
Additional reporting by Chris Vallance.
Business
2025 Marked A Year Of Faith, Leadership, Seva, And Conservation For Anant Ambani
New Delhi: 2025 emerged as a defining chapter in the public and personal journey of Anant Ambani, a year where faith, leadership, seva, and conservation came together with rare clarity and purpose. It was a year that reflected not just milestones, but a deeper alignment between belief, responsibility, and long-term vision.
At the heart of this journey was a 140-kilometre padyatra from Jamnagar to Dwarka, undertaken as an act of devotion, discipline, and spiritual reflection. The walk resonated with millions, symbolising humility, perseverance, and an unwavering connection to India’s civilisational ethos. Far from being symbolic alone, the padyatra underscored the belief that leadership begins with inner conviction and service.
Professionally, 2025 also marked a significant expansion of responsibilities as Anant Ambani took on a larger leadership role as Executive Director at Reliance Industries Ltd. His growing involvement reflected a focus on sustainable growth, long-term stewardship, and aligning enterprise with societal impact—values increasingly central to modern corporate leadership.
2025 Marked A Year Of Faith, Leadership, Seva, And Conservation For Anant Ambani#AnantAmbani #SevaAndConservation #Vantara #WildlifeConservation pic.twitter.com/Or0ikzi2GU
— Zee News English (@ZeeNewsEnglish) January 2, 2026
A major highlight of the year was large-scale pilgrim welfare initiatives during the Maha Kumbh, where efforts were directed toward healthcare, logistics, and support services for millions of devotees. These initiatives reinforced the spirit of seva, placing service to people at the centre of action.
Equally significant was the national recognition received by Vantara, India’s ambitious wildlife rescue, rehabilitation, and conservation initiative. Its inauguration by Prime Minister Narendra Modi marked a watershed moment for conservation in the country. Throughout the year, Vantara also became a global showcase, with prominent international personalities witnessing India’s commitment to ecological responsibility and compassionate conservation.
Together, these moments defined 2025 as a year of convergence—where devotion met duty, leadership embraced service, and conservation became a shared national and global mission.
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