SEBI approves IPO of many more companies, soon these companies will give you a chance to earn

Upcoming IPO: The stock market is full of IPOs. This year has been full of earnings for the investors and soon the IPO market of many more companies is also coming in the market. Let us tell you that SEBI has again approved the IPO of 3 companies today. Apart from this, Capital Small Finance Bank has also submitted documents for its IPO with SEBI today.

Capital Small Finance Bank has submitted documents
According to the documents, new shares worth Rs 450 crore will be issued under the IPO. Apart from this, an offer for sale (OFS) of 38.40 lakh shares will be brought. The Small Finance Bank (SFB) will use the proceeds from the new shares to strengthen its Tier-I capital and meet future capital requirements.

IPO of these companies will come
Let us tell you that SEBI has approved the IPO of cash management company CMS Info Systems, Go Fashion, the owner of women’s clothing brand Go Colors and Tega Industries, a manufacturer of consumables for the mining industry.

Documents submitted to SEBI
These companies had filed documents for IPO with the Securities and Exchange Board of India (SEBI) in August. The regulator issued him a ‘conclusion paper’ for the IPO during October 26-29. Let us tell you that for a company to bring an IPO, the conclusion of SEBI is necessary.

This company took back its documents
Meanwhile, PKH Ventures withdrew its IPO document on October 28, according to SEBI. However, the company did not specify the reason for withdrawing the documents. The company operates food kiosks at restaurants and airports.

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