Bulls on Parade: SEBI’s IPO Greenlight Sparks Market Mania, WeWork India Steps Out of the Shadows

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India's primary market buzzes again as the Securities and Exchange Board of India (SEBI) gave the green signal to preliminary public offering (IPO) proposals of five companies as well as WeWork India's much-awaited public issue, pushing it to its final consideration stage. The series of regulatory approvals reflects renewed investor demand and robust pipeline for raising equity in the coming months.

Key. Highlights

SEBI Sanctions Five IPOs:

Veeda Clinical Research: Large-sized contract research company, exploring a mix of fresh issue and offer-for-sale (OFS).

Shringar House of Mangalsutra: Specialist jewelry industry player, got approval for a new issue IPO.

RITE Water Solutions India: Decentralized water infrastructure expert, approved for mixed-mode IPO (Fresh + OFS).

Seedworks International: Seed technology provider focused on agriculture, got SEBI's approval.

LCC Projects: Infrastructure development company, also authorized to conduct IPO.

WeWork India’s IPO Moves Forward:

SEBI lifted the abeyance on WeWork India's IPO application after a regulatory inspection period.
The IPO will be an OFS of up to 43.75 million shares involving Embassy Buildcon LLP and 1 Ariel Way Tenant Limited disposing of significant stakes.
No new shares will be issued; proceeds will be utilized to settle selling shareholders.
WeWork India, India's largest revenue-generating co-working player, is now awaiting SEBI's final comments before going ahead with its public issue.

Market Impact:

The clearances follow a renewed interest by investors in small and medium-sized businesses.

These are viewed as a good trend in Indian capital markets by the experts and an indication of more listings in the second half of 2025.

Source: Economic Times, Moneycontrol, NDTV Profit