Purple Style Labs, BVG India, Sify Infinit, CMR Green among 13 IPOs to receive SEBI nod
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SEBI has approved IPO papers for 13 companies, including Purple Style Labs, BVG India, Sify Infinit Spaces, and CMR Green Technologies. Other companies like Transline Technologies, UKB Electronics, and Medicap Healthcare also received clearance. The approvals allow these companies to proceed with their IPO plans within the next year, while those using the confidential route have 18 months to launch their offers. Observations were issued on various dates for different companies, indicating their readiness to move forward with the IPO process.
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