Overview
- Regulatory observations were issued January 19–23 for companies that filed between June and October, a status market participants treat as clearance to launch.
- The cleared roster includes Hella Infra Market (Infra.Market), Purple Style Labs and Sify Infinit Spaces, alongside names such as UKB Electronics, Oswal Cables, BVG India, Transline Technologies, Commtel Networks, CMR Green Technologies, Sai Parenterals, Pride Hotels and Jay Jagdamba.
- Business Today cites 13 approvals while PTI/News18 and Times Now report 12, reflecting varying counts across outlets.
- Sify Infinit Spaces proposes a Rs 3,700 crore issue split between a Rs 2,500 crore fresh sale and a Rs 1,200 crore OFS, a listing that would be the country’s first pure-play data centre stock.
- Purple Style Labs plans a Rs 660 crore all-fresh issue for retail expansion and marketing, while reports peg Infra.Market’s offering around Rs 5,000 crore following a confidential pre-filing.