JM Financial Enters Pre-IPO Market with ₹1,500-Crore AIF, LIC MF Launches Tech Fund, and Gaudium IVF Raises ₹9.5 Crore

Thursday, Feb 19, 2026 12:27 pm ET1min read
ANC--

JM Financial AIF launched a ₹1,500 crore pre-IPO fund, while LIC Mutual Fund introduced a tech fund and Gaudium IVF raised ₹9.5 crore from anchor investors ahead of its IPO. The pre-IPO fund will focus on companies expected to list within 18 months, leveraging JM Financial's equity capital markets expertise.

JM Financial Enters Pre-IPO Market with ₹1,500-Crore AIF, LIC MF Launches Tech Fund, and Gaudium IVF Raises ₹9.5 Crore

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