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Major Indian Tech and Renewable Firms Advance Toward Public Market Entry With Fresh Regulatory Filings

Shiprocket, Pine Labs and SAEL Industries have advanced further in their IPO path, indicating investor appetite in digital and energy transition-linked business models ahead of FY26 liquidity cycles.
IPO pipeline activity accelerated as multiple high-visibility companies progressed towards listing approvals. Logistics platform Shiprocket received SEBI clearance for a ₹2,500 crore IPO. Pine Labs, one of India’s most valuable fintechs, will open subscription between November 7–11 with a price band of ₹210–₹221 per share. Renewable energy platform SAEL Industries filed for a ₹4,575 crore IPO. The synchronized cluster of filings signals broader liquidity confidence in new economy verticals heading into FY26, particularly in fintech, ecommerce enablement and decarbonization infrastructure buildouts across India.