Sebi Approves IPOs for Travelstack, Learnfluence, Tea Post; Three Withdraw Proposals

The Securities and Exchange Board of India (Sebi) has approved IPOs for three companies: Travelstack Tech, Learnfluence Education, and Tea Post. Travelstack Tech, backed by Anupam Mittal, plans to raise Rs 250 crore through a fresh issue and an offer for sale. Learnfluence and Tea Post also received clearance to proceed. Meanwhile, Rays Power Infra, Madhur Iron Steel, and Arjun Jewellers withdrew their IPO proposals amid volatile market conditions influenced by the West Asia conflict. Twelve companies have accessed the IPO market so far this year, with more expected soon.