As many as five firms, including dairy products maker Milky Mist Dairy Food, cloud kitchens operator Curefoods India, have secured Sebi’s approval to raise funds through initial public offerings (IPO), an update with the markets regulator showed on Monday.
Others that received regulatory approval are industrial steam and gas supplier Steamhouse India, Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, and cement manufacturing company Kanodia Cement.
All five companies, which filed their preliminary IPO papers with Sebi between May and July, obtained its observations during October 14 to 24, the update showed.
In regulatory terms, Sebi’s observation is equivalent to clearance for launching a public issue.
The approval comes at a time when the Indian market is experiencing a boom in primary market activity. In 2025, a total of 84 companies have already tapped the mainboard market through maiden public offerings, and two issues, including eyewear retai​As many as five firms, including dairy products maker Milky Mist Dairy Food, cloud kitchens operator Curefoods India, have secured Sebi’s approval to raise funds through initial public offerings (IPO), an update with the markets regulator showed on Monday.
Others that received regulatory approval are industrial steam and gas supplier Steamhouse India, Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, and cement manufacturing company Kanodia Cement.
All five companies, which filed their preliminary IPO papers with Sebi between May and July, obtained its observations during October 14 to 24, the update showed.
In regulatory terms, Sebi’s observation is equivalent to clearance for launching a public issue.
The approval comes at a time when the Indian market is experiencing a boom in primary market activity. In 2025, a total of 84 companies have already tapped the mainboard market through maiden public offerings, and two issues, including eyewear retai ​Latest News [ SOBAN NEWS: International and National ]
