SEBI Gives Green Light to 13 Companies for Stock Market Launch

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SEBI Gives Green Light to 13 Companies for Stock Market Launch

SEBI approves IPOs of Pride Hotels, Purple Style Labs, Sify Infinit, CMR Green, UKB Electronics & 8 others. Get details on IPO size & launch plans 2026.

India's stock market regulator, SEBI (Securities and Exchange Board of India), has approved 13 companies to raise money through IPOs (Initial Public Offerings) in 2026. This is good news for the Indian capital markets and shows that companies across different industries are ready to go public.

What Does This Mean?

When SEBI approves an IPO, it means the company has passed all the regulatory checks and can now proceed to launch their public offering. However, companies still need to announce exact dates and prices before opening for subscription.

List of the 13 Companies That Got Approval

1. Sify Infinit Spaces - Data Centers

Sify Infinit Spaces is planning to raise ₹3,700 crore through its IPO. The company operates 14 data centers across India in cities like Mumbai, Chennai, Bangalore, and Hyderabad.

This will be India's first pure data center company to list on stock exchanges. They provide cloud infrastructure and hosting services to big tech companies. The money raised will be used to build new data centers and pay off some loans.

2. Hella Infra Market (Infra.Market) - Construction Materials

Infra.Market is expected to raise between ₹4,500-5,500 crore through its public offering. The company supplies construction materials like cement, steel, and ready-mix concrete to builders across India. Started in 2016, this company is backed by big investors like Tiger Global and has quickly grown into a major player in the construction supply business.

3. Pride Hotels - Hotel Chain

Pride Hotels is looking to raise ₹1,000 crore from the public markets. The company runs 34 hotels and resorts with 2,723 rooms across India. They will use ₹159.68 crore to renovate six major hotels, ₹40 crore to pay off debts, and the rest for business expenses. The company plans to upgrade properties in Delhi, Ahmedabad, Kolkata, Bangalore, Pune, and Chennai.

4. Purple Style Labs - Fashion Platform

Purple Style Labs plans to raise ₹660 crore through its IPO. The company owns Pernia's Pop-Up Shop, a well-known luxury fashion platform in India's designer wear space. The funds will be used for opening new stores, marketing campaigns, and paying rent for their showrooms across the country.

5. UKB Electronics - Electronics Manufacturing

UKB Electronics is planning an ₹800 crore IPO to expand its operations. The company makes electronics for big brands like LG, Panasonic, and Carrier. They reported revenue of ₹790 crore and profit of ₹46 crore in the financial year 2025. Half the money will come from new shares and half from existing shareholders selling their stakes.

6. CMR Green Technologies - Metal Recycling

CMR Green Technologies is India's largest recycler of zinc and aluminum. Founded in 2008, they use advanced technology to recycle aluminum and zinc without losing quality, making them important for sustainable industrial use. The entire IPO will be existing shareholders selling their shares, meaning no fresh money will go to the company.

7. Transline Technologies - Security Systems

Transline Technologies provides surveillance systems, biometric solutions, and AI software for security purposes. Started in 2001, this company works in the security technology space. Their IPO will only involve existing shareholders selling 1.62 crore shares to the public.

8. Oswal Cables - Power Cables

Oswal Cables is raising ₹300 crore through fresh shares, along with existing shareholders selling additional stakes. The company makes cables for power transmission and distribution across India. They will use the fresh money to set up a new manufacturing plant, repay loans, and expand operations.

9. BVG India - Facility Management

BVG India plans to raise ₹300 crore plus additional funds from share sales. They are one of India's largest facility management companies, part of the Bharat Vikas Group. The company provides housekeeping, building operations, and even runs the 108 ambulance emergency service in some states.

10. Sai Parenterals - Pharmaceutical Manufacturing

Sai Parenterals is raising ₹285 crore along with a small offer for sale component. The company makes injectable medicines for global pharma companies and also sells its own generic medicines. They manufacture medicines that are injected (called parenterals) for both Indian and international pharmaceutical companies.

11. Commtel Networks - Telecom Solutions

Commtel Networks is raising a total of ₹900 crore, with ₹150 crore coming from fresh shares and ₹750 crore from existing shareholders. The company provides telecom and surveillance solutions for critical sectors like oil, gas, power, and railways. They will use the money for research and development and expanding to the Middle East and North America.

12. Medicap Healthcare - Pharma Packaging

Medicap Healthcare plans to raise ₹240 crore entirely through fresh shares. The company makes packaging for pharmaceutical companies, including bottle caps, closures, and containers that hold medicines. All the money will go toward expanding their business and manufacturing capacity.

13. Jay Jagdamba - Stainless Steel Products

Jay Jagdamba makes and exports stainless steel products like billets, bars, and ingots. They filed their IPO documents confidentially in June 2025 and got approval in January 2026. The money raised will be used to expand manufacturing facilities in Maharashtra.

When Will These IPOs Open?

Most companies haven't announced their exact IPO dates yet. They're waiting for the right market conditions. Some may launch in the next few months, while others might wait longer.

What Sectors Are These Companies From?

The 13 approved companies represent diverse industries:

  • Technology: Data centers, security systems, telecom solutions
  • Manufacturing: Electronics, cables, stainless steel
  • Healthcare: Pharma manufacturing and packaging
  • Services: Hotels, facility management, fashion retail
  • Infrastructure: Construction materials
  • Recycling: Metal recycling (sustainable business)

Bottom Line

These 13 SEBI approvals show healthy momentum in India's IPO market for 2026. From tech companies to hotels, from fashion platforms to cable manufacturers, there's something for different types of investors.

However, remember to do your own research before investing in any IPO. Look at the company's financials, understand their business, and only invest money you can afford to lose.

P

About Parsu

Contributor at IPO Rise with expertise in IPO analysis and market insights.

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