SEBI Greenlights 13 IPOs: Get Ready for Major Market Entries!

• SEBI has approved IPO applications for 13 companies, including Purple Style Labs, BVG India, Sify Infinit Spaces, and CMR Green Technologies.
• Other approved companies include Transline Technologies, UKB Electronics, Medicap Healthcare, Oswal Cables, Pride Hotels, Sai Parenteral’s, and Commtel Networks.
• Jay Jagdamba and Hella Infra Market also received approval after submitting applications via the confidential route.
• Companies have up to one year to launch their IPOs; confidential route approvals grant 18 months to file updated DRHP and launch.
• Key IPOs include Purple Style Labs (₹660 crore fresh issue), BVG India (₹300 crore fresh issue + OFS), CMR Green Technologies (OFS only), and Sify Infinit Spaces (₹3,700 crore, fresh issue + OFS).

Why It Matters: SEBI has approved 13 company IPOs, signaling significant upcoming investment opportunities in the market.