Six companies have received Sebi’s go-ahead to launch initial share-sales.
The list includes Nykaa, Adani Wilmar and Star Health & Allied Insurance .
Penna Cement Industries, Latent View Analytics, and Sigachi Industries are other firms.
These companies had filed their preliminary IPO papers with SEBI between May and August.
They obtained “observations” between October 11-14.
Issuance of “observations” implies Sebi’s nod to float the IPO.
FSN E-Commerce Ventures Ltd runs the online marketplace for beauty and wellness products Nykaa.
Its IPO has the fresh issue of equity shares worth Rs 525 crore and an offer for sale of 43,111,670 equity shares.
Adani Wilmar’s proposed IPO will be in the form of a fresh issue of equity shares for Rs 4,500 crore.
Shares of all the six companies will be listed on BSE and NSE.
