Major big-ticket IPOs, Fincare Small Finance Bank, Honasa Consumer, Tata Technologies, EbixCash, Lohia Corp, Indiafirst Life Insurance and others have valid Sebi's observations to launch their IPOs.
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.