Arete 22 Limited, Kian-M Export Limited, and Jagatjit Agri Engineering Limited have filed their Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on October 1, 2026, for their proposed initial public offerings (IPOs).

Arete 22 IPO - Issue Details

Issue Type: Book-built Issue (Fresh Issue only)
Total Issue Size: Up to ₹440.00 crore
Fresh Issue: Up to ₹440.00 crore
Offer for Sale (OFS): Not Applicable
Face Value: ₹10 per equity share
Listing: BSE, NSE
Book Building Lead Managers: Unistone Capital Private Limited
Registrar: Bigshare Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of Arete 22 IPO Proceeds

The Company proposes to use the net proceeds from the fresh issue towards

Funding the working capital requirements of the company
Repayment and or prepayment, in full or in part, of certain debts availed by the company
Purchase of plant and machinery for our existing manufacturing facilities
General corporate purposes

About Arete 22 Limited

Incorporated in 2000, Arete 22 Limited manufactures aluminium alloy wheels and precision aluminium HPDC components for automotive OEMs. It operates facilities in Haryana and Karnataka with a combined wheel capacity of 6 million units annually. Its 2026 acquisition of Unicast Autotech expanded its product portfolio to engine, transmission, powertrain, chassis and structural components for ICE, hybrid and EV platforms.

Key Financial Information

Particulars	FY26 (in ₹ Cr.)	FY25 (in ₹ Cr.)	FY24 (in ₹ Cr.)
Revenue from Operations	537.95	212.39	112.46
Profit After Tax (PAT)	44.97	12.36	2.92
EBITDA	94.68	31.83	13.79

Kian-M Export IPO - Issue Details

Issue Type: Book-built Issue (Fresh Issue + OFS)
Total Issue Size: To be announced
Fresh Issue: Up to ₹500.00 crore
Offer for Sale (OFS): Up to 15.00 lakh equity shares
Face Value: ₹10 per equity share
Listing: BSE, NSE
Book Building Lead Managers: Mirae Asset Capital Markets (India) Private Limited
Registrar: MUFG Intime India Private Limited

Utilisation of Kian-M Export IPO Proceeds

The Company proposes to use the net proceeds from the fresh issue towards

Funding capital expenditure for purchase of machinery and equipment for the company
Investment in its material subsidiary, UCL, for capital expenditure for purchase of machinery and equipment
Funding the working capital requirements of the company
Payment of consideration for the acquisition of 35.29% equity share capital in Ultra Denim Limited
General corporate purposes.

About Kian-M Export Limited

Kian-M Export Limited manufactures finished textiles by processing grey fabric through preparation, dyeing/printing and finishing. Its portfolio includes African print fabrics, sarees, fabrics for modern and South Asian apparel, Middle Eastern fabrics, and premium women's ethnic and occasion wear under the Orcoss brand.

It uses modern digital and rotary printing machines imported from Italy, Austria, Germany and China. The company began manufacturing African print fabrics on a jobwork basis in 2013 and started exports in 2016. In 2024, it acquired the business of Mira India Fashion, its promoter's proprietorship firm.

Key Financial Highlights

Particulars	FY26 (in ₹ Cr.)	FY25 (in ₹ Cr.)	FY24 (in ₹ Cr.)
Revenue from Operations	383.01	340.18	244.78
Profit After Tax (PAT)	42.19	22.78	8.81
EBITDA	55.78	40.39	20.92

Jagatjit Agri Engineering IPO - Issue Details

Issue Type: Book-built Issue (Fresh Issue + OFS)
Total Issue Size: To be announced
Fresh Issue: Up to ₹300.00 crore
Offer for Sale (OFS): Up to 31.00 lakh equity shares
Face Value: ₹5 per equity share
Listing: BSE, NSE
Book Building Lead Managers: Keynote Financial Services Limited
Registrar: MUFG Intime India Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of Jagatjit Agri Engineering IPO Proceeds

The Company proposes to use the net proceeds from the fresh issue towards

Funding working capital requirements of the company
Funding the capital expenditure requirements of the company towards expansion of Dehlon Manufacturing Facility
Repayment and/or prepayment, in part or full of certain borrowings availed by the company
General corporate purposes.

About Jagatjit Agri Engineering Limited

Jagatjit Agri Engineering Limited is an agricultural machinery manufacturer operating under the ‘Jagatjit’ brand since the 1980s. It offers 20+ products and 190+ SKUs covering land preparation, sowing, harvesting, crop-residue management and biomass fuel solutions.

The company has a strong presence in Super Seeders and Straw Reapers, with manufacturing facilities in Dehlon, Ludhiana and Cheema, Sangrur, Punjab. It also holds three patents and 35 registered trademarks.

Key Financial Information

Particulars	FY26 (in ₹ Cr.)	FY25 (in ₹ Cr.)	FY24 (in ₹ Cr.)
Revenue from Operations	413.97	95.93	48.86
Profit After Tax (PAT)	31.39	6.55	2.52
EBITDA	55.74	11.17	6.67