Sebi Approves Ipos For Ajay Poly, Regaal Resources, Laxmi India Finance & Jajoo Rashmi Refractories

The Securities and Exchange Board of India (SEBI) has granted support for nan first nationalist offerings (IPOs) of 4 companies- Ajay Poly, Regaal Resources, Laxmi India Finance, and Jajoo Rashmi Refractories. These companies are group to motorboat their IPOs pinch a operation of caller issues and offers for sale. This support marks a important measurement for these companies arsenic they activity to raise important superior done nan nationalist markets.

Ajay Poly, a Delhi-based institution specializing successful refrigeration sealing solutions, plans to raise costs done an IPO consisting of a caller rumor of shares worthy Rs 238 crore and an connection for waste of up to 93,00,000 equity shares. The look worth of each stock is group astatine Re 1. The institution had initially revenge its IPO documents pinch SEBI connected December 28, 2024. Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited are nan lead managers, pinch KFin Technologies Limited serving arsenic nan registrar for nan issue.

Regaal Resources, based successful Kolkata and known for its maize-based specialty products, intends to raise Rs 190 crore done a caller rumor of shares. Additionally, an connection for waste of up to 9 cardinal equity shares by promoters is included successful nan IPO. The shares person a look worth of Rs 5. The institution submitted its IPO exertion to SEBI connected December 31, 2024. Pantomath Capital Advisors Private Limited and Sumedha Fiscal Services Limited are managing nan issue, pinch Link Intime India Private Limited arsenic nan registrar.

Laxmi India Finance, a non-banking financial institution from Jaipur, plans to connection a caller rumor of 1,04,53,575 shares and an connection for waste of 56,38,620 shares. Each stock carries a look worth of Rs 5. The institution had revenge its IPO papers pinch SEBI connected December 15, 2024. PL Capital Markets Private Limited is nan sole book-running lead manager, and Link Intime India Private Limited is nan registrar.

Jajoo Rashmi Refractories, besides Jaipur-based, focuses connected manufacturing ferro alloys basal for nan alloy industry. Its IPO is wholly a caller issue, aiming to raise Rs 150 crore, pinch a look worth of Rs 10 per share. The institution revenge its documents connected December 21, 2024. Unistone Capital Private Limited is nan lead manager, while Bigshare Services Private Limited acts arsenic nan registrar. Notably, this offering does not see an connection for waste component.

The support from SEBI is important for these companies, enabling them to pat into nan equity marketplace for funding. The divers sectors they beryllium to, ranging from refrigeration solutions to financial services and manufacturing, bespeak varied investor interests. Investors and marketplace watchers will beryllium keenly watching these IPOs, which are expected to bring caller opportunities successful their respective sectors.

Published on: May 6, 2025 1:06 PM IST