Three Companies File IPO Papers with SEBI

Several companies are preparing to sell shares to the public for the first time through Initial Public Offerings (IPOs).

Supreet Chemicals, a chemical manufacturer, plans to raise ₹499 crore to build a new facility and cover other expenses.

Knack Packaging, a packaging solutions provider, aims to raise funds to set up a new manufacturing plant.

Hy-Tech Engineers, which makes hydraulic fittings, is seeking capital to expand operations and pay off debts.

These companies filed their plans with the Securities and Exchange Board of India (SEBI), a regulatory body.

The money raised will be used for various purposes, including building new facilities and paying off debts.