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Nearly Dozen Companies File IPO Papers with SEBI Amidst Primary Market Surge
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Moneycontrol•30-09-2026, 19:45
Nearly Dozen Companies File IPO Papers with SEBI Amidst Primary Market Surge
- •Nearly a dozen companies, including Inox Clean Energy and Shreejikrupa Project, have filed preliminary IPO papers with SEBI.
- •The filings, made between September 29-30, indicate sustained activity in the primary market for capital raising.
- •Inox Clean Energy's proposed IPO is the largest, aiming to raise up to Rs 10,000 crore for debt repayment and corporate purposes.
- •Companies like Vardhman Appliances and Pioneer Fabricators plan to use IPO proceeds for expansion, working capital, and debt repayment.
- •Wadhwa Group Holdings filed via the confidential pre-filing route, keeping offer details private until a later stage.
Key Questions Answered
Inox Clean Energy submitted the largest issue among companies that disclosed their offer size, comprising a fresh issue worth up to Rs 8,000 crore and an offer for sale of up to Rs 2,000 crore.
Wadhwa Group Holdings filed its preliminary papers through the confidential pre-filing route, allowing the company to keep draft offer documents out of the public domain during the initial review.
Sanghvi Housing & Infrastructure has earmarked Rs 164.77 crore from its entirely fresh issue to invest in subsidiaries, partly funding development and construction costs for ongoing projects like Sanghvi Horizon, Sanghvi Boulevard, and Sanghvi Sapphire.
