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Equitas Holding, G N A Axles get Sebi nod for IPO

Equitas Holding and G N A Axles had filed their draft red herring prospectus (DRHP) with Sebi in October and September respectively

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<a href="http://www.shutterstock.com/pic-111714569/stock-photo-ipo-word-cloud-concept-on-a-blackboard-with-great-terms-such-as-initial-public-offering-issue.html" target="_blank">Image</a> via Shutterstock

Press Trust of India

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The Securities and Exchange Board of India (Sebi) has given approval to microfinance institution Equitas Holding and auto components maker G N A Axles to float initial public offerings. Equitas Holding and G N A Axles had filed their draft red herring prospectus (DRHP) with Sebi in October and September respectively seeking permission to launch IPOs.
 

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First Published: Jan 11 2016 | 10:39 PM IST

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