Gurugram-based drone technology and skilling provider AITMC Ventures, which operates under the brand AVPL International, has filed an updated draft document with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).

The IPO comprises an entirely fresh issue of 3.5 crore equity shares, according to the updated draft red herring prospectus (UDRHP) filed on September 30. The offer size is expected to be in the range of Rs 155-200 crore, according to market sources.

AITMC Ventures filed its IPO papers through the confidential route in October 2025, while SEBI approved its draft papers in January 2026.

Gold prices slipped on Wednesday as investors looked to minutes from the US Federal Reserve’s September meeting for indications on whether policymakers remain inclined to raise rates further.

Spot gold eased 0.3% to $4,150.23 per ounce. US gold futures edged 0.2% lower to $4,177.60.

Minutes of the latest Federal Open Market Committee meeting are due later in the day.

Kalyan Jewellers reported 26% year-on-year consolidated revenue growth in Q2, with India revenue rising around 27% and same-store sales growth at approximately 20%. International revenue grew around 18% YoY during the quarter.

#1 Q2 consolidated revenue growth expected at 12.5% YoY

#2 India sales growth expected to return to double digits after 19 quarters

#3 Domestic growth likely around 10%, supported by a sharp recovery in beverages

#4 Elevated input costs, particularly in HPC and OTC/Ethicals, remain a margin pressure

#5 Pricing actions and cost-saving initiatives expected to partly offset EBITDA margin impact

In the previous trading session, the share closed at Rs 131.90, up Rs 0.50, or 0.38 percent.

The share touched a 52-week high of Rs 162.05 and a 52-week low of Rs 77.75 on 18 November, 2025 and 04 March, 2026, respectively.

Currently, the stock is trading 18.61 percent below its 52-week high and 69.65 percent above its 52-week low.

Market capitalisation stands at Rs 38,317.07 crore.

Hara Global Capital Master Fund I acquired 4.31 lakh shares, representing a 0.54 percent stake in the company’s paid-up equity, in One Mobikwik Systems for Rs 9.83 crore at Rs 227.86 per share.

Bajaj Life Insurance, however, sold 7 lakh shares, representing a 0.88 percent stake, in Mobikwik at Rs 236.49 per share. The transaction was valued at Rs 16.55 crore. Bajaj Life Insurance held a 2.69 percent stake as of June 2026.

Cambridge-based Massachusetts Institute of Technology (MIT) sold 14.54 lakh shares, representing a 1.31 percent stake in Satin Creditcare Network, for Rs 30.31 crore at a price of Rs 208.36 per share.

MIT held a 1.81 percent stake in Satin Creditcare as of June 2026.