Seven companies set to tap buoyant primary markets amid record fund-raising momentum.
Runwal Developers, Six Others Get Sebi Approval to Launch IPOs.
Capital markets regulator Sebi has approved seven companies, including real estate major Runwal Developers, to raise funds through initial public offerings (IPOs). Runwal Developers plans to mobilise ₹2,000 crore via its maiden IPO, comprising a fresh issue of ₹1,700 crore and an offer for sale (OFS) of ₹300 crore by promoter Sandeep Subhash Runwal. The proceeds will primarily be used to repay debt and for general corporate purposes. Other firms receiving Sebi’s nod include Lalbaba Engineering, Augmont Enterprises, Supreet Chemicals, Silverton Industries, CJ Darci Logistics, and Gaudium IVF & Women's Health Ltd. These companies filed their draft papers between June and October and received Sebi’s observations between January 12 and 15, enabling them to proceed with their issues. The approvals come amid a strong primary market environment. In 2025, Indian companies raised a record ₹1.76 lakh crore through IPOs, surpassing collections in 2024 and 2023, driven by robust liquidity and investor confidence.