Six companies have received approval from SEBI for their IPOs. Electric vehicle maker Ather Energy’s IPO includes a fresh issue of ₹3,100 crore and an offer for sale of 2.2 crore shares.
Oswal Pumps’ IPO is a fresh ₹1,000 crore offering for sale of 1.13 crore shares. The IPO of Schloss Bangalore Ltd, owner and operator of The Leela Hotels, is a ₹3,000-crore fresh issue and a ₹2,000-crore share offer.
IValue Infosolutions’ IPO is an offer for sale of only 1.87 crore shares. Quality Power Electrical’s IPO consists of ₹225 crore and OFS 1.2 crore shares. Fabtech Tech’s is a new issue of fully 1.2 crore shares.
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