As many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi’s approval to raise funds through initial public offerings (IPOs).
Other companies that obtained approval are Horizon Industrial Parks, Surgiwear, Crystal Crop Protection and Hotel Polo Towers, an update with the markets regulator showed on Friday.
These companies, which filed their preliminary IPO papers between October and February, obtained Sebi’s observations during May 4-8.
InSebi’s parlance, obtaining observations is equivalent to securing approval to float a public offering.
Zepto and Dhoot Transmission filed preliminary papers with Sebi in December and February, respectively, using a confidential route.
According to people familiar with the development, Zepto is aiming to raise Rs 11,000 crore through its maiden public offering.
If the listing goes through, Zepto will join its rivals Zomato and Swiggy, both of which are already listed on
​As many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi’s approval to raise funds through initial public offerings (IPOs).
Other companies that obtained approval are Horizon Industrial Parks, Surgiwear, Crystal Crop Protection and Hotel Polo Towers, an update with the markets regulator showed on Friday.
These companies, which filed their preliminary IPO papers between October and February, obtained Sebi’s observations during May 4-8.
InSebi’s parlance, obtaining observations is equivalent to securing approval to float a public offering.
Zepto and Dhoot Transmission filed preliminary papers with Sebi in December and February, respectively, using a confidential route.
According to people familiar with the development, Zepto is aiming to raise Rs 11,000 crore through its maiden public offering.
If the listing goes through, Zepto will join its rivals Zomato and Swiggy, both of which are already listed on by Soban News (international And National News)
