These two companies got permission for IPO from SEBI, shares will come next month, know everything about companies

  This year, about 24 companies have applied for an IPO with SEBI.

This year, about 24 companies have applied for an IPO with SEBI.

In the year 2020, many companies have launched IPOs. All these IPOs have made investors rich. In view of this, around 24 companies have applied for an IPO with SEBI this year.

  • News18No
  • Last Updated:February 20, 2021 at 8:43 PM IS

New Delhi. The trend of initial public offering (IPO) is growing rapidly in India now. Last year too, a total of 16 IPOs of various companies were launched, which raised around Rs 31,000 crore. Here on Saturday, SEBI (SEBI) allowed two more companies to IPO. It is expected that shares of both the companies will also come in the market in early March. These companies are Laxmi Organics and MTARTechnologies.

The IPO of Lakshmi Organics proposes a sale of Rs 300 crore by fresh promoter Yellow Stone Trust of Rs 500 crore. There is also a proposal to issue 40 lakh shares in the IPO of MTAR Technologies and sale of 82,24,270 equity shares by the promoter and existing shareholders. Anyway, given the positive mood of the market this year, companies are planning to launch an IPO in the first half. Around 24 companies have applied for an IPO with SEBI.

Lakshmi Organics

Mumbai Located Chemicals The manufacturer is, Whosoever 1992 in Acetaldehyde And Acetic Acid Of the creator Of form in Start did Was, Go India in Ethyl Acetate Of from all The big the creator Of form in Changed Ho Gone is. company Fluorospecialty Chemicals, Working Capital Requirements, Plant And Machinery Of Purchase, some Outstanding Of Repayment, Existing Units To Upgrade To do And Normal Corporate The objectives Of for One Manufacturing Facility Of The establishment Of for New The issue Income Of Use Will do

Also read – What is SIP? Know the complete information related to SIP

MTAR Technologis

Hyderabad Located Engineering Solutions company is MTAR Technologies that IPO in 40 Lakh share Ongoing Done went Huh And Promoter And Existing Shareholders By 82,24,270 Equity Shares Of The sale Of Offer is. MTAR How your IPO Of The medium From Almost 650 Crore Rupees Wants to raise MTAR Present in 7 Manufacturing Features in From One is, In which Hyderabad, Telangana in Located One ExportOriented Unit Incorporat is, And Four Decades From Excess Time From Defence, Aerospace And Energy Regions Of Service Tax doing is.

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