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TBO Tek has re-filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The maiden public issue comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an offer-for-sale of up to 15,635,996 equity shares by promoters and investors.

Proceeds from the fresh issue will be used for growth and strengthening of the platform by adding new buyers and suppliers, unidentified inorganic acquisitions, besides, a portion will be used for general corporate purposes. Axis Capital, Goldman Sachs (India) Securities, Jefferies India and JM Financial are the book-running lead managers of the issue. The equity shares will be listed on the BSE and NSE.

TBO Tek is a leading travel distribution platform in the global travel and tourism industry providing services to buyers and suppliers in over 100 countries as of June 30, 2023.

Mukka Proteins has received the Securities and Exchange Board of India’s (SEBI`s) approval to float an initial public offering (IPO). The IPO is an entirely fresh issue of up to 8 crore equity shares.

The company, which refiled the draft red herring prospectus with the SEBI in June 2023, got the regulator’s approval on October 30, 2023. The company proposes to utilize up to Rs 120 crore towards working capital requirements, up to Rs 10 crore for investment in its associate, Ento Proteins, for funding its working capital requirements besides a portion will be used for general corporate purposes. Fedex Securities is the sole book-running lead manager. The equity shares are proposed to be listed on the BSE and NSE.

The company manufactures fish meal, fish oil, and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer), and pet food (dog and cat food).

Accent Microcell has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The offering consists of a fresh issuance of 56 lakh equity shares with a face value of Rs 10 for each share.

Proceeds from the issue will be used to invest in setting up a new plant at Navagam Kheda in Gujarat. It already operates two plants with a total installed capacity of 8,000 metric tonnes per annum. Out of the total proceeds from the fresh issue, the company proposes to invest Rs 48.39 crore in the current financial year and Rs 6 crore in FY25 towards the establishment of Unit-III. Corporate Capital Ventures has been appointed as the book running lead manager to the issue. The equity shares of the company will be listed on NSE`s SME segment Emerge. 

Accent Microcell manufactures Microcrystalline Cellulose (MCC), which is widely used as a texturizer, anticaking agent, binder, lubricant, bulking agent, and diluent with an extensive range of applications in pharmaceutical, nutraceutical, food, cosmetic and other industries.

GPT Healthcare has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).  The IPO comprises a fresh issue of equity shares aggregating to Rs 40 crore, and an offer for sale of up to 2.6 crore equity shares by BanyanTree Growth Capital II, LLC, a Mauritius-based structured private equity.

Proceeds from the fresh issue will be used for payment of debt and general corporate purposes. JM Financial is the sole book-running lead manager to the issue. The equity shares are proposed to be listed on the BSE and the NSE.

GPT Healthcare, which started with an eight-bed hospital in Kolkata in 2000, operates four full service multispecialty hospitals, with a total capacity of 561 beds, and attends to over 35 specialties and super specialties such as internal medicine, diabetology, gastroenterology, orthopaedics and joint replacements, interventional cardiology, neurology, neurology, neurosurgery and paediatrics.

RBZ Jewellers has received the Securities and Exchange Board of India’s (SEBI`s) approval to float an initial public offering (IPO). The equity shares are proposed to be listed on the BSE and the NSE.

The company, which filed the draft red herring prospectus with the SEBI in June 2023, got the regulator’s approval on September 28, 2023.  Proceeds from the issue will be utilised to the extent of Rs 80.75 crore for funding working capital requirements of the company and general corporate purposes. Arihant Capital Markets is the sole book-running lead manager to the issue.

The company is one of the leading organized manufacturers of gold jewellery in India, specializing in Antique Gold Jewellery.

Credo Brands Marketing has received the Securities and Exchange Board of India’s (SEBI`s) approval to float an initial public offering (IPO). The company’s maiden public issue is entirely an offer for sale (OFS) of up to 1.96 crore shares by promoters and other existing shareholders.

The company, which filed the draft red herring prospectus with the SEBI in July 2023, got the regulator’s approval on October 6, 2023. DAM Capital Advisors, ICICI Securities, and Keynote Financial Services are the book-running lead managers to the public issue. The equity shares are proposed to be listed on the BSE and the NSE.

Credo Brands Marketing is among the leading homegrown brands in the mid-premium and premium casual men`s wear market in the country. 

Krystal Integrated Services has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 17.5 lakh shares by promoter Krystal Family Holdings.

Proceeds from the fresh issue will be utilised for debt payment, supporting working capital requirements, fund capital expenditure for purchase of new machinery and for general corporate purposes. Inga Ventures is the sole book running lead manager to the issue. The equity shares are proposed to be listed on BSE and NSE.

Krystal is a leading integrated facilities management services company with a focus on healthcare, education, public administration, airports, railways and metro infrastructure, and retail sectors. Also, it provides staffing solutions and payroll management to customers, as well as private security and manned guarding services and catering services.

SRM Contractors has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The maiden IPO is entirely a fresh issue of 62 lakh equity shares.

Proceeds of the issue will be used to purchase machinery, support working capital requirements, invest in joint venture projects, pay debt and for general corporate purposes. Interactive Financial Services is the sole book running lead manager to the issue.

SRM Contractors is an engineering construction and development company engaged primarily in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh.

Indo Farm Equipment has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The equity shares are proposed to be listed on BSE and NSE.

The proposed IPO comprises fresh issue of 1.05 crore equity shares and an Offer For Sale (OFS) of 35 lakh equity shares by promoter Ranbir Singh Khadwalia. Proceeds from the fresh issue will be used to set up new dedicated unit for expansion of the company`s pick and carry cranes manufacturing capacity, payment of debt, investment in the company`s NBFC subsidiary Barota Finance.

Indo Farm Equipment manufactures tractors, pick and carry cranes, and other farm equipment.

Polymatech Electronics has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise as much as Rs 750 crore through an initial public offering (IPO). 

The company will utilize proceeds to the tune of Rs 566 crore to purchase new machinery to boost its existing facility in Tamil Nadu. Besides, a portion of the funds will be used for general corporate purposes. The company has appointed Khambatta Securities as the sole book-running lead manager for the issue. Equity shares of the company will be listed on the NSE and BSE.

Polymatech Electronics was formed in 2007 as a foreign company, owned and promoted by foreign shareholders. It is India’s first Semiconductor chips manufacturer. It supports a blooming environment of customers with the un-matchable industry’s process of Japanese technologies.