Even as primary market activity remains selective amid volatile market conditions, a strong pipeline of companies is preparing to tap the capital markets, with several firms having already received SEBI observations, while others await regulatory approval.
SEBI Observations Received; Valid for IPO Launch
A number of companies have secured SEBI observations, a key regulatory milestone that allows them to proceed with their initial public offerings once market conditions turn favourable. These issuers are considered well-positioned for near-term listings:
Hero Fincorp
Aye Finance
Credila Financial Services
Milky Mist Dairy Foods
Safex Chemicals (India)
Purple Style Labs (Pernia)
SMPP
Veeda Clinical Research
Rite Water Solutions (India)
With regulatory clearances in place, the timing of these IPOs will largely depend on market sentiment, valuation comfort, and investor appetite.
DRHP Filed; SEBI Observations Awaited
In addition, several companies have filed their Draft Red Herring Prospectus (DRHP) and are currently awaiting SEBI’s observations before moving to the next stage of the IPO process. This segment represents the upcoming IPO pipeline:
Shiprocket
Horizon Industrial Parks
Sterlite Electric
Sedemac
Integris Medtech
Vishwaraj Environment
Kusumgar Ltd
INDO-MIM Ltd
Virupaksha Organics
Milestone Gears
Market participants will closely monitor regulatory developments and broader market stability, as these factors will determine the pace at which the IPO pipeline converts into actual listings in the coming months.
