Business
Upcoming IPOs This Week: Urban Company Among 9 Firms Set To Launch Public Issues; Full List
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Nine IPOs, including Urban Company and Airfloa Rail, will launch between September 8 and 18, 2025.
Upcoming IPOs.
Upcoming IPOs: The primary market is set for an action-packed week as nine companies are scheduled to launch their initial public offerings (IPOs) between September 8 and September 15, 2025. These offerings include a mix of small and medium enterprises (SMEs) and mainboard listings.
Nilachal Carbo Metalicks (NCM SME)
Nilachal Carbo Metalicks will open its IPO between September 8 and 10, 2025, at a fixed price of Rs 85 per share. The company’s listing is scheduled for September 15.
Karbonsteel Engineering (KARBONSTEEL SME)
Karbonsteel Engineering will hit the market during the same window of September 8–10. With a price band of Rs 151 to Rs 159, the engineering firm is looking to attract SME investors ahead of its listing on September 15.
Krupalu Metals (KRUPALUMETALS SME)
Krupalu Metals, another SME in the metals sector, will also open its IPO from September 8 to 10. The company has fixed its share price at Rs 72, and it will make its stock market debut on September 15.
Taurian MPS (TAURIAN SME)
Taurian MPS will join the cluster of early movers with its IPO running from September 8 to 10. Priced between Rs 162 and Rs 171, it will be among the higher-value SME offerings of the week, with its listing scheduled for September 15.
Jay Ambe Supermarkets (JAYAMBE SME)
Jay Ambe Supermarkets will open its IPO a day later, between September 9 and 11. With a price band set at Rs 74 to Rs 78, the retail-focused chain will list on September 16, seeking to tap into consumer-driven investor interest.
Shringar House of Mangalsutra (SHRINGAR)
Jewellery brand Shringar House of Mangalsutra will launch its IPO between September 10 and 12. Priced in the range of Rs 155 to Rs 165, the issue will list on September 17, offering investors exposure to the ornament and accessories market.
Urban Company (URBANCO)
One of the most awaited IPOs, Urban Company, will also open its books from September 10 to 12. With a price band of Rs 98 to Rs 103, the home services platform is set to make its stock market debut on September 17.
DevX (DEVX)
DevX, a provider of co-working and incubation services, will launch its IPO alongside Urban Company between September 10 and 12. Shares will be offered at Rs 56 to Rs 61, with the listing expected on September 17.
Airfloa Rail Technology (AIRFLOA SME)
Rounding off the week, Airfloa Rail Technology will open its IPO from September 11 to 15. The company has set a price band of Rs 133 to Rs 140 and will list on September 18, marking the final debut in this cluster of offerings.
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
September 07, 2025, 21:18 IST
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The income tax department is analysing certain refund claims flagged by the system, either because they were “high-value” or due to deductions that required deeper scrutiny.
Income Tax Refund Delay.
Even as the income tax department ups its ante against the fake deductions, a section of taxpayers are still awaiting their tax return for this year. The refund delay 2025 comes even as the department is scrutinising bogus tax claims “red-flagged” by the system. Ravi Agrawal, chairman of the Central Board of Direct Taxation (CBDT), has said that the refunds would be cleared in December.
In November, the CBDT chairman said the department was analysing certain refund claims flagged by the system, either because they were “high-value” or due to deductions that required deeper scrutiny. He added that taxpayers have been advised to “file a revised return” wherever discrepancies exist.
When are income tax refunds usually issued?
Refund processing begins only after an ITR is successfully e-verified. Once that is done, the income tax department generally credits the refund within four to five weeks, as per the department’s guidelines.
This timeline is followed in most cases. When delays occur, they typically stem from common issues such as:
• An unvalidated bank account (mandatory for receiving refunds)
• An incorrect or inactive IFSC code
• A mismatch between the taxpayer’s name and the PAN details
• A discrepancy between the ITR and data in Form 26AS or the AIS
Missing an email or notification seeking clarification can also pause processing entirely.
How to check your income tax refund status
The refund status can be tracked anytime through the income tax portal. Here’s the step-by-step process:
Visit the portal at: eportal.incometax.gov.in/iec/foservices/.
Go to the e-Filing homepage.
Log in using your user ID and password.
Navigate to: e-File → Income Tax Returns → View Filed Returns
Select the relevant assessment year and click View Details.
This page will show whether your refund has been issued, is under review, or is pending due to additional information required.
Why are ITR refunds delayed in 2025?
Most delays arise from banking or identity-related discrepancies — wrong bank account numbers, invalid IFSC codes, unvalidated accounts, or PAN-Aadhaar linkage issues.
Refunds are also held back when deductions appear inaccurate or require supporting documentation. In such cases, the system routes the return for additional checks.
Mismatches between Form 16, Form 26AS and the AIS are another common trigger. Returns pulled into manual verification naturally take longer to process.
For a majority of taxpayers, refunds arrive within the usual four-five weeks. For others, the processing time depends on how quickly verification, bank detail correction, or responses to notices are completed. Ensuring that all records match and regularly checking the portal remain the easiest ways to avoid further delay.
Click here to add News18 as your preferred news source on Google. December 13, 2025, 15:46 IST
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Business
Home loan EMIs to get cheaper? SBI passes on RBI’s 25 bps repo rate cut benefits; check the new rates – The Times of India
After the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points last week, several major banks have moved to pass on the benefit to borrowers. Latest addition to the wave is the State Bank of India (SBI), which announced cuts across its lending rate benchmarks, in a move aimed at easing borrowing costs and lowering EMIs for both retail and corporate customers.The public sector entity slashed the MCLR, EBLR and RLLR rates and revised the BPLR and base rates, according to ET.Herre are the new rates:
MCLR rates revised across tenors
SBI has cut its Marginal Cost of Funds-based Lending Rate (MCLR) across these tenors:Short-span
- Overnight and one-month MCLR: Reduced from 7.90% to 7.85% each.
- Three-month MCLR: Cut from 8.30% to 8.25%
- Six-month MCLR: Now at 8.60%, down from 8.65%
Long-term
- One-year MCLR: Lowered from 8.75% to 8.70% (widely used for retail loans)
- Two-year MCLR: Reduced from 8.80% to 8.75%, according to ET.
- Three-year MCLR: Now 8.80%, down from 8.85%
Effective 15 December this year, SBI also revised its External Benchmark Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR):EBLR ratesDown from 8.15% + Credit Risk Premium (CRP) + Bank Spread (BSP) to 7.90% + CRP + BSP, reducing the benchmark by 25 basis points. The final interest rate payable will depend on the borrower’s CRP and the bank’s BSP.RLLR ratesFrom 7.75% + CRP, the figure came to 7.50% + CRP, reflecting a 25-basis point cut. Borrowers with EBLR- and RLLR-linked loans will see a decline in interest rates and EMIs based on their loan conditions and risk category, ET reported.BPLR ratesSBI has also revised its Benchmark Prime Lending Rate (BPLR) to 14.65% per annum.Base rate adjustmentsThe bank also cut it base rate to 9.90%, effective from 15 December 2025.
Matt Gravellingin Barking and Dagenham
BBCMore than 100 volunteers have gathered in an east London community hall to wrap thousands of Christmas presents for children across the capital, with organisers saying for some, it would be the only gift they would get this year.
The Kindness Offensive, a charity that redistributes donated goods to schools, food banks and community groups, was behind the gift drive.
David Goodfellow, the event’s organiser, said the project was focused on children from families facing hardship.
“For a lot of the children we are helping today, what they get from this project, what they get from the Kindness Offensive, is going to be the only thing they get for Christmas,” he said.
The gifts were donated by companies before being wrapped and loaded onto a red bus for delivery across the capital.
One volunteer said the event was about more than presents, and more about giving children hope.
Another woman said the event was a way to end the year “on a high”.
Dominic Twomey, leader of Barking and Dagenham Council, said child poverty remained a serious issue in the borough.
“We have four in 10 of our children under the age of 16 living in poverty,” he said, and added the gifts helped ease pressure on parents at a difficult time of year.
The bus delivering the presents made a stop at Becontree Primary School in Dagenham on Wednesday.
Pupils there did not know a surprise was waiting for them, said head teacher Marie Ziane.
“Not one of them who are going to come into the hall know about this,” she said.
“I’m really looking forward to the surprise on their faces.”
Organisers said the aim of the Kindness Offensive was to ensure no child felt forgotten at Christmas, particularly as families continue to struggle with the cost of living.
Volunteers said they hoped the gifts would bring some joy to children who might otherwise go without.
Refund Delay 2025: A Step-By-Step Guide To Check Income Tax Payout Status
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