Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission and Duroflex have received approval from the Securities and Exchange Board of India (Sebi) to go ahead with their initial public offerings (IPOs). All five companies received Sebi’s observation during the week. In IPO parlance, Sebi’s ‘observation’ refers to the regulator’s formal comments or approval […]
Mattress maker Duroflex has filed preliminary papers with capital markets regulator Sebi to raise money through an initial public offering (IPO), comprising a fresh issue of shares worth Rs 183.6 crore. Apart from the fresh issue, there is an offer for sale (OFS) of over 2.25 crore shares by promoters and existing investors, according to […]