Capital market regulator Sebi has granted approval to four companies to launch their IPOs, paving the way for new activity in the primary market pipeline. The approved proposals include offers from Integris Medtech, Alpine Texworld, Anjali Labtech and Appl Containers.Of the four, Integris Medtech will launch one of the bigger issues. The company, described as […]
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 […]
India’s IPO pipeline gained new momentum after capital markets regulator Sebi approved 12 offers, including the proposed issue of Sify Infinit Spaces that will be the country’s first pure-play data center IPO.The most closely watched approval, however, is for Sify Infinit Spaces. The company plans to raise up to Rs 3,700 crore through a combination […]