Earthood Services Withdraws Draft IPO Papers for Offer-for-Sale Listing

Gurugram-based Earthood Services, which provides carbon validation, verification, and ESG advisory services, has withdrawn its draft IPO papers filed with SEBI in June 2025. The planned IPO was an offer-for-sale of 62.9 lakh shares by promoters Kaviraj Singh and Ashok Kumar Gautam, with no fresh issue component. The company did not disclose reasons for the withdrawal. Earthood is the first Indian firm in environmental attributes certification to approach capital markets and serves clients domestically and internationally.