[
The regulator issued its final observations on the draft papers last week. When a company receives a final observation from Sebi, it’s a signal from the regulator to go ahead with the IPO process.
HDB Financial Services’ ₹12,500-crore IPO will comprise a fresh issue of ₹2,500 crore and an offer for sale of ₹10,000 crore by shareholders. Since it is an upper-layer NBFC, it is required to list on the exchanges by September 2025 in accordance with RBI regulations. The company plans to utilise the proceeds from the fresh issue to augment the company’s tier-I capital base.
Other companies that received the market regulator’s approval to go ahead with their proposed IPOs include Vikram Solar, A-One Steels India, Shanti Gold International, Dorf-Ketal Chemicals India and Shreeji Shipping Global.
So far in 2025, 16 companies debuted on bourses this year and raised ₹27,687.32 crore through IPOs.
https://img.etimg.com/thumb/msid-121609162,width-1200,height-630,imgsize-31544,overlay-etmarkets/articleshow.jpg
https://economictimes.indiatimes.com/markets/ipos/fpos/hdb-financial-services-and-five-other-companies-secure-sebi-approval-for-ipos/articleshow/121609142.cms
