Quick Summary : India’s IPO market is warming up again. Eight companies, including InCred Holdings, Elevate Campuses and SEDEMAC Mechatronics, have received approval from Securities and Exchange Board of India (SEBI) to launch their public issues. Collectively, these IPOs could raise around ₹10,000 crore, with listings planned on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). The upcoming issues span finance, education, manufacturing, IT, infrastructure and jewellery—giving investors a wide choice in the primary market.

New IPOs Alert: India’s primary market is set for a busy phase as SEBI has cleared the IPO plans of eight diverse companies. The approvals came after these firms filed their draft red herring prospectuses (DRHPs between September and November last year and received SEBI’s observations during February 2–6. In regulatory terms, this clearance allows the companies to move ahead and launch their public offers.

With several large and mid-sized names preparing to tap the market, investors can expect multiple IPO launches over the coming months, subject to market conditions.

Company-wise IPO Details

InCred Holdings IPO

Financial services firm InCred Holdings, part of the InCred Group, has filed its IPO papers through the confidential route. As per reports, the company is considering a public issue in the range of ₹3,000–₹4,000 crore. The IPO is expected to support the group’s expansion across lending and wealth-related businesses.

Elevate Campuses IPO

Education platform Elevate Campuses plans to raise ₹2,550 crore through a 100% fresh issue of equity shares, with no offer-for-sale component.

The company intends to use the funds for:

Acquiring K-12 education institutions and campuses
Repaying part of its debt
General corporate purposes

Laser Power and Infra IPO

Cable and conductor manufacturer Laser Power and Infra is looking to raise ₹1,200 crore via its IPO. This includes a ₹800 crore fresh issue and a ₹400 crore OFS by promoters.

Proceeds from the fresh issue will mainly be used for loan repayment and business requirements.

SEDEMAC Mechatronics IPO

Auto components and powertrain controls company SEDEMAC Mechatronics is targeting a fundraise of ₹800–₹1,000 crore. The proposed IPO is entirely an offer for sale, with promoters and existing investors offloading up to 80.43 lakh equity shares.

Ardee Industries IPO

Ardee Industries plans an IPO comprising a ₹320 crore fresh issue along with an OFS of 3.76 crore equity shares by promoters.

Fresh funds will be used to meet working capital needs, repay debt, and for general corporate purposes.

Armee Infotech IPO

IT infrastructure solutions provider Armee Infotech has proposed a ₹250 crore IPO, which is fully a fresh issue with no OFS component.

The company will use the proceeds to strengthen working capital, reduce borrowings, and support business growth.

Aarvee Engineering Consultants IPO

Infrastructure consultancy firm Aarvee Engineering Consultants is aiming to raise ₹202.5 crore through a fresh issue of shares. There will also be an OFS of 67.5 lakh shares by a promoter.

Shankesh Jewellers IPO

Jewellery manufacturer Shankesh Jewellers plans to raise funds through a mix of 3 crore fresh equity shares and an OFS of 1 crore shares.

The fresh issue proceeds will be used for:

Repayment or prepayment of borrowings
Meeting working capital requirements
General corporate purposes

What Investors Should Watch

These SEBI-approved IPOs reflect renewed confidence in India’s equity markets. With offerings spread across multiple sectors, investors will have varied options in the coming months. However, it’s important to closely study each company’s business model, financial health, and valuation before investing.

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New IPOs Alert: 8 Companies Get SEBI Nod to Raise Nearly ₹10,000 Crore

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