Sebi Approves Seven Initial Public Offerings
India’s Securities and Exchange Board of India (Sebi) approved seven companies to launch initial public offerings (IPOs), potentially unlocking important capital for diverse sectors including manufacturing, chemicals, logistics, healthcare, real estate, engineering, and precious metals as of January 16, 2026.
Sillverton Industries IPO Details
The Securities and Exchange Board of India (Sebi) approved the IPO of Sillverton Industries, an eco-friendly paper manufacturer. The IPO consists of a fresh issue of ₹300 crore and an offer for sale of 3.22 crore shares by the company’s promoters.
Definition / Direct Answer: Sillverton Industries received Sebi approval to raise capital through an IPO, comprising both a fresh issue and an offer for sale.
Detail: The company intends to utilize ₹129 crore from the fresh issue for sustainability-focused capital expenditure at its existing manufacturing facility. This includes the installation of a 14 MW waste-to-energy captive power plant. This investment demonstrates a commitment to environmentally responsible manufacturing practices.
Exmaple or Evidence: Sillverton Industries plans to allocate ₹129 crore specifically to sustainability initiatives, including a 14 MW waste-to-energy plant, as detailed in thier draft red herring prospectus filed with Sebi.
Other IPOs Receiving Sebi Clearance
Sebi’s approval extends to IPOs across a range of industries, signaling continued investor interest in the Indian market. The regulator’s clearance allows these companies to proceed with their fundraising plans, subject to prevailing market conditions.
Definition / Direct Answer: In addition to Sillverton industries, Sebi approved IPOs for six other companies spanning multiple sectors.
Detail: The approved IPOs cover companies in manufacturing, chemicals, logistics, healthcare, real estate, engineering, and precious metals. this diversification indicates a broad-based economic recovery and growth potential across various industries. The specific names of the other six companies where not instantly available in the source material.
Example or Evidence: sebi’s approval of these seven IPOs was reported by the Economic Times on January 16, 2026, highlighting the regulator’s active role in facilitating capital formation.