SEBI Clears 4 IPOs: Varmora Granito, Knack Packaging Get Nod; Infifresh Foods Withdraws Papers

• SEBI approved IPO plans for Varmora Granito, Knack Packaging, Shivalaya Construction, and Behari Lal Engineering.
• Infifresh Foods (Captain Fresh parent) withdrew its confidential draft IPO papers filed in August.
• Infifresh Foods cited a "material acquisition" and strategic equity investments as reasons for withdrawal, planning to refile later.
• Varmora Granito aims to raise Rs 400 crore, Knack Packaging Rs 475 crore, Shivalaya Construction Rs 450 crore, and Behari Lal Engineering Rs 110 crore through fresh issues and OFS.
• Funds from approved IPOs will be used for debt repayment, capital expenditure, and general corporate purposes.

Why It Matters: Four companies get SEBI nod for IPOs, while Infifresh Foods withdraws for strategic acquisition.