Page 11 - Sebi

Augmont Entp files DRHP for ₹800-cr IPO; promoters to sell ₹180-cr stake

Augmont Enterprises integrated a gold and silver platform in India serving businesses and consumers, with presence across 24 states, as of August 21, 2025

Sebi extends timeline to roll out algo trading rules for retail investors

Retail algo trading, which allows investors to use automated strategies via computer programs, will be offered through application programming interfaces

Indian households, including Gen Z, remain risk-averse: Sebi survey

The nationwide study, conducted across 90,000 households in 400 cities and 1,000 villages, highlights that nearly 80 per cent of families prefer capital preservation to higher, riskier gains

Sebi extends retail algo trading rollout, full compliance by April 2026

Sebi has extended the timeline for retail algo trading framework rollout, setting phased compliance milestones for brokers through 2025, with full compliance due April 2026

Sebi ban over fund diversion drags Man Industries shares down 10%

Shares of Man Industries plunged over 10 per cent after Sebi barred the company and three top executives, including the chairman and MD, over alleged fund diversion

Gaudium IVF refiles IPO papers with Sebi; ups OFS portion to 9.49 million

Gaudium IVF IPO: Gaudium IVF offers a complete array of specialised fertility and reproductive health services

Virupaksha Organics files draft papers with Sebi for ₹740 crore IPO

Pharmaceutical company Virupaksha Organics has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an initial public offering (IPO). The proposed IPO of the Hyderabad-based company is entirely a fresh issue of equity shares, according to the draft red herring prospectus (DRHP) filed on Monday. The company may consider raising Rs 148 crore in a pre-IPO placement round. If such placement is undertaken, then the issue size will be reduced. Virupaksha proposes to utilise proceeds of the fresh issue to the tune of Rs 360 crore towards funding capital expenditure requirement for capacity expansion, Rs 195 crore earmarked for payment of debt and the balance towards general corporate purposes. Virupaksha Organics is a research and development (R&D) driven Indian pharmaceutical company engaged in the manufacturing of active pharmaceutical ingredients (APIs) and intermediates. As of March 31, 2025, it had a diversified portfolio of 54 products, ...

Sebi bars Man Industries, top executives for 2 yrs over 'fund diversion'

The regulator found the company failed to consolidate its unit, Merino Shelters, in its financials between fiscal years 2015 and 2021

Sebi's Valid UPI rollout faces hurdles as advisors struggle with handles

Sebi's new Valid UPI initiative, effective October 1, has hit hurdles as many research analysts and investment advisors face mismatches and bank delays in securing handles

Street Signs: Low Vix, high tension, IPO fireworks light up grey market sky

A calm Vix belies market jitters as FPIs sell aggressively; IPO grey market stays hot; traders push back against Sebi's plans to curb weekly derivatives expiries

Laser Power and Infra files draft papers with Sebi for ₹1,200 cr IPO

Laser Power and Infra Ltd, a cable and conductor manufacturer, has filed preliminary papers with markets regulator Sebi to raise Rs 1,200 crore through an initial public offering (IPO). With this, the Kolkata-based company is targeting a valuation of Rs 5,500-6,500 crore, people familiar with the matter said. The proposed IPO is a combination of a fresh issue of equity shares worth Rs 800 crore and an offer for sale (OFS) of equity shares valued at Rs 400 crore by promoters, according to the draft red herring prospectus (DRHP) filed on Saturday. As part of the OFS, Deepak Goel, Rakhi Goel, and Devesh Goel will offer offload shares aggregating up to Rs 225 crore, Rs 50 crore and Rs 125 crore, respectively. Laser Power and Infra Ltd (LPIL) plans to use the fresh issue proceeds to repay loans of up to Rs 600 crore, and a portion would be earmarked for general corporate purposes. The company may consider a Pre-IPO Placement of equity shares aggregating up to Rs 160 crore. If such ...

CSM Technologies files draft papers for IPO with Sebi to raise funds

CSM Technologies, a digital transformation, GovTech, and IT consulting services provider, has filed its preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO). The Bhubaneswar-based company's proposed IPO comprises entirely a fresh issue of 1.29 crore equity shares, with no offer-for-sale (OFS) component. Proceeds from the issue will be utilised towards funding growth initiatives, strengthening technological infrastructure, payment of debt and general corporate purposes, according to the draft red herring prospectus (DRHP) filed on Thursday. Founded in 1998 as Cybertech Software & Multimedia Pvt Ltd, the company was renamed CSM Technologies Pvt Ltd in 2014 and converted into a public company in 2025. CSM Technologies is a global GovTech company specialising in digital transformation, IT consulting, and providing comprehensive 360-degree IT solutions to governments and public enterprises worldwide. The company has subsidiaries in the .

Saatvik Green Energy makes disappointing debut; GK Energy jumps 10%

Saatvik Green Energy slips 5% on debut, GK Energy jumps nearly 10%; Aarvee Engineering and Deon Energy file draft papers with Sebi for upcoming IPOs

Tata Capital IPO to open October 6, anchor investor bids from October 3

Tata Capital filed its red herring prospectus with Sebi for an IPO opening October 6 and closing October 8, with anchor investor subscriptions beginning October 3

Aarvee Engineering gears up for IPO, submits draft papers with Sebi

Through its maiden share sale, the Hyderabad-based company aims to raise ₹202.5 crore from the fresh issue of equity shares

Buzzing Street: Small deals drive best IPO month since January 1997

Most of the activity has been in the small-cap space, with average mainboard deal sizes at around ₹530 crore, even as larger companies have preferred to play the waiting game

Sebi bars Seacoast Shipping and promoters from markets for five years

Sebi has restrained Seacoast Shipping Services and its promoters from the securities market for five years, besides ordering them to disgorge unlawful gains of nearly Rs 48 crore, for misrepresenting financial statements, fund diversion, and governance lapses. In a 187-page order passed on Wednesday, the regulator found that Seacoast Shipping Services Ltd (SSSL) misrepresented financial results during the FY21, FY22, FY23 and for the period April 1, 2023, to December 31, 2023, were not genuine and misled the investors about its true financial health. "The financial statements of SSSL during the period were misrepresented/misstated, hence the allegation of publishing misrepresented financial statements is established against Noticee 1, 2 and 3 (SSSL, Manish Shah and Sameer Shah). "The allegation of fraudulently allotting 1.50 crore equity shares of SSSL to Manish Shah, and thereby, defrauding SSSL also stands established against Noticee Nos 1, 2 and 3," Sebi's whole-time member Kamle

Cash market activity will revive as confidence builds: Pranav Haridasan

Brokers must differentiate through advisory, technology, and customer experience rather than relying solely on pricing, MD and CEO of Axis Securities said

PhonePe files draft papers via confidential route ahead of likely IPO

Fintech startup reported 40% revenue growth and positive cash flows in FY25

Sebi hikes custodian net worth requirement to ₹75 cr for risk management

Markets regulator Sebi has raised the minimum net worth requirement for custodians to Rs 75 crore from Rs 50 crore at present in a bid to strengthen risk management systems. Existing custodians can achieve new networth requirements within three years, Sebi said. "A custodian, who was granted a certificate of registration prior to the commencement of the Sebi Custodian (Amendment) Regulations, 2025, shall, within three years from such commencement, raise its net worth to not less than Rs 75 crore, separately and independently, of the capital adequacy requirements, if any, for each activity undertaken by it under relevant regulations," Sebi said in a notification dated September 18. Additionally, Sebi has put in place custodians' responsibilities, including maintaining an appropriate governance structure, risk management policies, and scalable infrastructure and appropriate technical capacity. Sebi asked custodians not to indulge in any unfair competition, which is likely to harm ...