Sanstar, specializing in plant-based products, approved for IPO to fund Dhule expansion and debt repayment. Third-largest Maize products manufacturer in India. Book Running Lead Manager: Pantomath Capital Advisors. Proposed listing on BSE and NSE.
The Securities and Exchange Board of India has decided on a new system that will be in addition to the existing one with respect to OFS for companies employees. Under the new system, OFS to employees would be on T+1 day along with the retail category under a new category Employee . According to Sebi, for employee OFS, a certain number of shares should be reserved for the staff and the same should be mentioned in the OFS notice to the stock exchanges by the promoters.
Mukka Proteins Limited gets Sebi Nod for IPO equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Western Carriers (India) Ltd has received approval from SEBI to raise funds through an IPO. The company plans to use the proceeds to repay debt, fund capital expenditure, and for general corporate purposes.