Gaudium IVF, Sillverton Industries among 7 IPOs approved by Sebi

Published 2 hours ago
Source: economictimes.indiatimes.com
Capital markets regulator Sebi cleared seven IPOs, paving the way for fundraising plans across manufacturing, chemicals, logistics, healthcare, real estate, engineering and precious metals. One of the companies to receive approval is Sillverton Industries, an eco-friendly paper maker. The company's IPO includes a fresh issue of Rs 300 crore with an offer for sale of 3.22 crore shares by promoters. The company plans to deploy Rs 129 crore from the fresh issue towards sustainability-focused capital expenditure at its existing manufacturing facility, including installation of a 14 MW waste-to-energy captive power plant and a compressed biogas unit. The balance will be used for general corporate purposes.Specialty chemicals manufacturer Supreet Chemicals has secured approval for a Rs 499 crore IPO, structured entirely as a fresh issue with no offer-for-sale component. Of the proceeds, Rs 310 crore will be used to fund a greenfield manufacturing project, while Rs 65 crore is earmarked for debt repayment. The remaining funds will support general corporate needs. The Gujarat-based company operates across more than 15 complex chemistries, supplying intermediates to sectors such as textiles, pharmaceuticals, agro-chemicals and personal care.In the logistics space, CJ Darcl Logistics has received the regulator’s nod for an IPO comprising a fresh issue of up to 2.64 crore shares and an offer for ale of 99.05 lakh shares by promoters. Proceeds from the fresh issue will be utilised for the purchase of equipment and repayment of debt. The company operates an asset-right, technology-led logistics model, offering multimodal transportation, warehousing and distribution services across India and select overseas markets.Healthcare services provider Gaudium IVF is also set to tap the capital markets. The approved offer includes a fresh issue of up to 1.14 crore shares and an offer for sale of up to 94.9 lakh shares by the promoter. From the fresh issue proceeds, Rs 50 crore will be used to set up 19 new IVF centres across India, while Rs 20 crore is allocated towards debt repayment. The company currently operates a network of over 30 centres, including 7 hub centres and 28 spokes, across major cities.Mumbai-based real estate developer Runwal Developers has received approval for a Rs 2,000 crore IPO. The issue consists of a Rs 1,700 crore fresh issue and a Rs 300 crore offer for sale by promoter Sandeep Runwal, who held a 72.76% stake at the time of filing. The company plans to use the fresh issue proceeds primarily for repayment or prepayment of borrowings. As of FY25, Runwal Developers reported net debt of Rs 3,160.52 crore, with a net debt-to-equity ratio of 0.98x.Engineering solutions company Lalbaba Engineering has also secured Sebi’s approval for its IPO. The proposed issue includes a Rs 630 crore fresh issue and a Rs 370 crore offer for sale by promoters. Of the fresh issue proceeds, Rs 271 crore will be used for capacity expansion at the company’s Haldia manufacturing facility, while Rs 209 crore is earmarked for debt repayment. Lalbaba Engineering focuses on high-performance seamless tubes, precision forgings and integrated rail systems.Completing the list is Augmont Enterprises, an integrated gold and silver platform, which plans to raise up to Rs 800 crore through its IPO. The offer comprises a Rs 620 crore fresh issue and an offer for sale of Rs 180 crore by promoters. Augmont operates across the precious metals value chain, including bullion trading, refining, digital gold, jewellery manufacturing and gold-backed financial services, with operations spread across 24 states.