7 months ago

SEBI Approves 13 IPOs Including Sai Parenteral

SEBI Approves 13 IPOs Including Sai Parenteral
Upcoming IPOs: Sai Parenteral and Hella Infra Market get Sebi nod to raise funds via public issue · livemint.com

The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of 13 companies, including Sai Parenteral, Hella Infra Market, and Sify Infinit Spaces.

Sai Parenteral plans to use the funds for expanding their factories, research, paying back loans, and buying another company.

They make medicines and sell them in many countries.

Hella Infra Market's IPO is set at ₹5,000 crore, but the details are not public yet.

Sify Infinit Spaces will raise ₹3,700 crore through a mix of fresh equity and offer for sale (OFS).

Other companies like Oswal Cables, UKB Electronics, and Medicap Healthcare also received approvals for their IPOs.

This is a big step for these companies to grow their businesses.

Key facts

Companies
Sai Parenteral, Hella Infra Market, Sify Infinit Spaces, Oswal Cables, UKB Electronics, CMR Green Technologies, Medicap Healthcare, Purple Style Labs, BVG India, Pride Hotels, Commtel Networks, Transline Technologies, Jay Jagdamba
Regulator
Securities and Exchange Board of India (SEBI)
Sai Parenteral IPO Details
Fresh issue of ₹285 crore, offer-for-sale of 35,00,000 shares
Hella Infra Market IPO Details
₹5,000 crore, filed through a confidential route, details not public
Sify Infinit Spaces IPO Details
Fresh issue of ₹2,500 crore, OFS of ₹1,200 crore
Sai Parenteral Fund Usage
Capacity expansion, R&D, borrowings repayment, working capital, acquisition, general corporate purposes
Sai Parenteral Business
Pharmaceutical formulations, CDMO products and services
Sai Parenteral Export Markets
Australia, New Zealand, Southeast Asia, Middle East, Africa

Timeline

  1. SEBI eases IPO dilution norms, letting giants sell fewer shares.

  2. Then, it relaxes minimum public float rules for large listings.

  3. On 2026-01-16, SEBI unveils stricter IPO disclosure rules.

  4. In response, it approves IPOs for Sai Parenteral and Hella Infra Market on 2026-01-23.

  5. These IPOs aim to raise funds for business expansion.

Sources

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