A total of six IPOs including Lenskart Solutions, Wakefit Innovation, Waterways Leisure Tourism and Tennco Clean Air have received SEBI approval. The regulator also approved the IPO of Shriram Twistex and Lamtaf. On September 26, SEBI issued observation letters on the draft papers of Waterways Leisure Tourism, Shriram Twistax and Lamtaf. The regulator issued observation letters on 3 October on Lenskart Solutions, Wakefit Innovation and Draft Papers of Tennco Clean Air India.
IPO must be launched within a year
The issue of observation letter by SEBI means that these companies can launch their IPO within a year. Lenskart filed his draft papers in July this year. The company will issue new shares worth ₹ 2,150 crore in its IPO. Promoters and investors will sell 13.22 crore shares under the Offer for Sale (OFS). Prominent investors such as SoftBank and Kedara Capital have invested in the company.
Wakefit filed his draft letters in June this year
Lenskart is a company at Gurugram. The company is planning to raise up to ₹ 430 crore through pre-IPO. The company sells glasses to customers through both online and offline sales channels. The company has more than 2,000 stores across the country. Wakefit Innovations, which makes sleep and home solutions, filed their draft red herring prospectus with SEBI in June this year. The company is planning to raise ₹ 468.2 crore by issuing new shares. Peak XV has invested in the company. This D2C Home and Fernishing Company in Bangalore can raise ₹ 93.64 crore before launching its IPO.
Waterways Lazer will raise Rs 727 crore through IPO
Mumbai -based Cordeline Cruise Operator Waterways Lezer Tourism is planning to raise ₹ 727 crore through IPO. The company will issue only new shares without any OFS in this issue. The company filed draft papers with SEBI in June this year. The American company Tennco Group, owned by Tennco Clear Air India, filed draft papers in June this year. The company is a target of raising ₹ 3,000 crore through IPO. The company makes automotive components.
Lamtaf filed a draft letter in July
The Gujarat -based Shri Ram will issue shares worth ₹ 10.6 million through Twistex IPO. It filed draft papers with SEBI in June this year. The company makes cotton thread. Hyderabad -based Lamtaf filed papers near SEBI in July this year. The company will issue new shares in its IPO. The issue will also include OFS (offer for cell). It will issue 10 million new shares, while 2 million shares will be sold through OFS.
-
Drinking figs of figs will give 5 shocking health benefits
-
Diwali 2025 DIY: How to make hanging paper lantern for festive decor
-
What happens is Diathylene Glycol Poisonous Chemical, Why is there death due to mixing in Kapha Sirf
-
Know the importance of fasting and worship method
-
Thylane Blondeau steps out at Paris Fashion Week
