Stories
Nearly a Dozen Companies File IPO Papers with Sebi Amidst Primary Market Buzz
N
News18•30-09-2026, 18:30
Nearly a Dozen Companies File IPO Papers with Sebi Amidst Primary Market Buzz
- •Nearly a dozen companies, including Inox Clean Energy, Shreejikrupa Project, Vardhman Appliances, and Wadhwa Group Holdings, have filed preliminary IPO papers with Sebi.
- •Inox Clean Energy's proposed IPO is the largest, aiming to raise up to Rs 10,000 crore through a fresh issue and offer for sale.
- •Companies are seeking to raise capital for business expansion, working capital, debt repayment, and other corporate purposes.
- •Shreejikrupa Project plans a Rs 500 crore IPO, while Vardhman Appliances targets up to Rs 250 crore for new projects and debt repayment.
- •Other filers include Pioneer Fabricators, Pentacle Consultants, Tenty Ltd, PCI Infraprojects, Sanghvi Housing & Infrastructure, Momai Art, and Biocon Electric.
Key Questions Answered
Inox Clean Energy is the largest issue among the companies that disclosed their offer size, proposing an IPO of up to Rs 10,000 crore.
Wadhwa Group Holdings filed its preliminary papers with Sebi through the confidential pre-filing route, which allows companies to keep draft documents out of the public domain until later.
Vardhman Appliances' proposed IPO comprises a fresh issue worth up to Rs 250 crore and an OFS of up to 2.50 crore shares. The proceeds will fund a new project in Baghpat, Uttar Pradesh, debt payment, and an investment in subsidiary Lazer India.
