Five Star Business Finance and solar energy player Waaree Energies received capital markets regulator Sebi's approval to raise funds through initial public offering.
The two companies, filed IPO documents with Sebi between September and November.
Five Star Business Finance is looking to raise up to Rs 2,752 crore through an IPO.The IPO is an entirely an offer for sale (OFS) by existing shareholders and promoter group entities, according to the draft red herring prospectus (DRHP).
Waaree Energies' IPO comprises a fresh issue of equity shares of aggregating to Rs 1,350 crore and offer for sale (OFS) of 40,07,500 equity shares by existing shareholders and promoters.
Home & Furnishings Company Wakefit Innovations Rakes In ₹580 Crore From Anchor Investors, Days Before Initial Share-Sale Opening
Jasprit Bumrah Turns 32: A Look At Indian Pace Sensation's Career Highlights
Delhi Wakes To Toxic Smog As AQI Hits 333; Several Areas Choke In ‘Very Poor’ Air Despite Govt Action
Palghar: Vasai-Virar Police Nab Gang Stealing Mobile Tower Batteries; ₹6 Lakh Worth Goods Recovered
(With inputs from PTI)
