
Eight companies, including RKCPL Ltd, Chartered Speed, and Indira IVF, have received approval from the Securities and Exchange Board of India (SEBI) to launch their Initial Public Offerings (IPOs). These firms filed their draft papers between July and October, with SEBI issuing its observations, signifying regulatory clearance. RKCPL plans to raise Rs 1,250 crore through fresh issuance and an offer-for-sale, while Chartered Speed aims to raise Rs 855 crore. Funds will be used for working capital, equipment purchase, debt repayment, and corporate purposes.
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