Four companies receive Sebi approval for initial public offerings ...Middle East

Markets regulator Sebi has given its nod for the proposed initial public offerings of four companies -- BIBA Fashions Ltd, Keystone Realtors Ltd, Plaza Wires Ltd and Hemani Industries Ltd. These companies have received their respective observation letters from Sebi, according to an update on the regulator's website as on October 14. In Sebi's parlance, issuance of the observation letter implies the go-ahead from the regulator for the proposed IPO. Ethnic wear fashion label Biba Fashion, which is backed by Warburg Pincus and Faering Capital, had filed the Draft Red Herring Prospectus (DRHP) for an IPO in April. The proposed IPO comprises fresh issuance of equity shares worth Rs 90 crore and

Hence then, the article about four companies receive sebi approval for initial public offerings was published today ( Monday 17/10/2022 - 05:16 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Four companies receive Sebi approval for initial public offerings )

Also on site :

• America’s LNG Boom Is Real — But China Is Planning Beyond It
• China’s Oil Buying Pause Won’t Last Forever
• AdvisorVault Adds Social Media Archiving to its Consolidated D3P Service