Seven Companies Greenlit by SEBI for IPO Launch

Seven companies, including Runwal Developers and Lalbaba Engineering, received SEBI approval for IPOs. They plan to use the funds for purposes like debt repayment and capital expansion. Deon Energy withdrew its draft. The approvals follow a record-setting year for IPOs, with strong investor interest.

The Securities and Exchange Board of India (SEBI) has given the green light to seven companies to raise funds through initial public offerings (IPOs). Notable names include real estate giant Runwal Developers, engineering firm Lalbaba Engineering, and gold-silver platform Augmont Enterprises. This development comes amid a thriving primary market.

Other companies such as Sillverton Industries and CJ Darcl Logistics have also secured regulatory clearance. These firms intend to allocate proceeds for various projects, including debt repayment, facility expansion, and sustainability initiatives. Meanwhile, Deon Energy has retracted its IPO plans.

This spate of approvals aligns with a booming year for IPOs, as companies raised a staggering Rs 1.76 lakh crore in 2025. A combination of domestic liquidity, positive investor sentiment, and a favorable macroeconomic environment has fueled this trend, far surpassing figures from the previous two years.