SEBI

The IPO includes a fresh issue of equity shares worth INR 660 crore (about USD 73.3 million), alongside an offer for sale (OFS) of 2.86 crore shares.

Infra.Market is looking to raise INR 5,000 crore, while Purple Style Labs plans to mobilise INR 660 crore through their respective IPOs.

Proceeds from the fresh issue are expected to be used mainly to strengthen the capital base of Kissht's non-banking financial company (NBFC) arm, Si Creva Capital Services.

According to regulatory filings, the company submitted its IPO papers through the confidential pre-filing route.

The offering will include a fresh issue of equity shares worth INR 1,100 crore, while existing shareholders and co-founders will sell shares worth INR 1,242.35 crore through an offer for sale.

LEAP India and Eldorado Agritech, along with Molbio Diagnostics, Foodlink F&B Holdings India, and Technocraft Ventures, have all received the approval.

Fractal's IPO comprises a fresh issue of up to INR 1,279.3 crore and an offer for sale of up to INR 3,620.7 crore, while Amagi plans a fresh issue of INR 1,020 crore along with an offer for sale of up to 3.4 crore shares by existing investors.

The company, founded by Kunal Bahl and Rohit Bansal, had submitted its draft red herring prospectus (DRHP) under the confidential filing route in July.

The company aims to raise between INR 4,000 crore and INR 5,500 crore through a mix of fresh issue and offer for sale.

The public issue will open for subscription on November 11 and close on November 13.

Shiprocket had pre-filed its draft red herring prospectus confidentially in May this year.

According to the reports, Iron Pillar PCC is the largest investor exiting through the IPO, planning to sell 1.91 crore shares and expected to achieve an exit value about 2.6 times higher than Accel and Chiratae.

Elevation Capital and Peak XV will lead the secondary sale, offering 5.54 crore and 3 crore shares respectively, while investors like Prosus and SoftBank, which hold 12.34% and 9.31% stakes, will retain their shares.

If the IPO materialises, it could become the largest fund-raising by a solar PV module manufacturer in India.

The approval follows nearly three months after the company filed its draft red herring prospectus through the confidential route.

In consultation with its book-running lead managers, Sify Infinit Spaces may also consider a pre-IPO placement of up to INR 500 crore before filing the Red Herring Prospectus.

The DRHP identifies SoftBank as its largest external investor with a 15.04 percent holding, followed by the Abu Dhabi Investment Authority with 12.45 percent.

With nearly 40 startups valued at over USD 90 billion poised to go public in the coming years, CNPC aims to bridge gaps in regulatory compliance, corporate governance, and market preparedness.

Under this framework, VCFs with active schemes or schemes that have expired but still hold unliquidated investments can opt to transition into the Alternative Investment Fund (AIF) regime under a new sub-category—Migrated Venture Capital Funds (MVCFs).

Meanwhile, Evera Cabs (Prakriti Mobility) has repossessed around 500 electric cabs previously operated by BluSmart. Although Uber was reportedly in talks to acquire BluSmart's fleet, the deal appears to have stalled.

The issue is being managed by a consortium of lead managers: JM Financial, CLSA India, J.P. Morgan India, and Kotak Mahindra Capital.