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Russian (RU) Mumbai: BlueStone Jewellery and Lifestyle, GK Energy, Aye Finance and Anthem Biosciences have received approvals from the Securities and Exchange Board of India (Sebi) for their proposed initial public offerings (IPOs).
The regulator issued its final observations on the draft papers last week. When a company receives a final observation from Sebi, it's a signal from the regulator to go ahead with the IPO process.
BlueStone Jewellery and Lifestyle's IPO comprises a fresh issue of ₹1,000 crore and an offer for sale of 2.39 crore shares.
Solar Energy Company GK Energy's IPO consists of a fresh issue of ₹500 crore and an offer for sale of 84 lakh shares.
Aye Finance's IPO comprises a fresh issue of ₹885 crore and an offer for sale of 565 crore, according to its DRHP.
Anthem Biosciences's IPO is an offer for sale of ₹3,395 crore.
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