NEW DELHI: As many as seven companies, including real estate firm Runwal Developers, tech solutions provider Lalbaba Engineering and gold and silver platform Augmont Enterprises, have received approval from Sebi to raise money through initial public offerings, according to an update released by the regulator on Friday.Other companies that have received regulatory approval include specialty chemicals maker Supreet Chemicals, eco-friendly paper maker Sillverton Industries, logistics provider CJ Darcl Logistics and fertility services company Gaudium IVF, and Women Health Ltd.
These seven companies, which filed their draft papers for an initial public offering (IPO) between June and October, received the comments from Sebi between January 12 and 15.
In regulatory language, receipt of comments allows companies to proceed with their public issues.Meanwhile, Deon Energy has withdrawn its draft IPO papers.
Runwal Developers plans to raise Rs 2,000 crore through its initial public issue, comprising a fresh issue of shares worth Rs 1,700 crore and an offer for sale (OFS) of Rs 300 crore by promoter Sandeep Subhash Runwal, as per the draft red herring prospectus (DRHP).
Proceeds from the new issue will be used to repay the debts of the company and its subsidiaries, and for general corporate purposes.
Kolkata-based Lalbaba Engineering proposes to raise Rs 1,000 crore through its IPO, including a fresh issue of Rs 630 crore and an OFS of Rs 370 crore by promoters.
Funds from the new issue will be deployed for capital expenditure for the expansion of the Haldia facility, repayment or prepayment of loans, and for general corporate purposes.
Augmont Enterprises, an integrated gold and silver platform, is looking to raise Rs 800 crore through an IPO, comprising a fresh issue of Rs 620 crore and an OFS of Rs 180 crore.
Proceeds will be used to meet working capital needs, including purchasing and inventory maintenance, advance margin requirements and general operating expenses.
Supreet Chemicals is looking to mobilize Rs 499 crore through a brand new equity issue, with no OFS component. The company plans to use the proceeds to finance its greenfield project, reduce debt and cover general operating expenses.
The IPO of Sillverton Industries will consist of a fresh issue of shares worth Rs 300 crore and an OFS of 3.22 crore shares by promoters. The funds will be used for capital expenditures for sustainability initiatives at the existing production facility, including the installation of a 14 MW waste-to-energy captive power plant and a compressed biogas plant.
The proposed public issue of CJ Darcl Logistics involves a fresh issue of up to 2.64 crore equity shares and an OFS of 99.05 lakh equity shares by promoters. Proceeds from the new issue will be used to purchase equipment and repay debt.
Gaudium IVF and Women Health are planning an initial public offering comprising a fresh issue of 1.14 crore shares and an OFS of nearly 95 lakh shares by promoter Manika Khanna.
The company plans to use the proceeds from the fresh issue for capital expenditure of Rs 50 crore for setting up 19 new IVF centers across India, repayment or prepayment of loans worth Rs 20 crore, and for general corporate purposes.
The approvals come against the backdrop of a successful year for the primary market.
In 2025, companies raised a record amount of nearly Rs 1.76 lakh crore through IPOs, driven by strong domestic liquidity, resilient investor sentiment and a supportive macroeconomic environment.
This surpassed the Rs 1.6 lakh crore mobilized by 90 companies in 2024 and the Rs 49,436 crore raised by 57 companies in 2023.
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