SEBI Approves IPOs for Travelstack Tech, Learnfluence, Tea Post; Three Withdraw Filings

The Securities and Exchange Board of India (SEBI) has approved IPOs for three companies: Travelstack Tech, Learnfluence Education, and Tea Post. Travelstack Tech plans to raise Rs 250 crore through fresh equity and an offer for sale, with proceeds allocated to working capital, debt repayment, and corporate purposes. Learnfluence and Tea Post also intend to use funds for expansion and operational needs. Meanwhile, Rays Power Infra, Madhur Iron Steel, and Arjun Jewellers withdrew their IPO filings amid market volatility influenced by the West Asia conflict. So far, 12 companies have sought to raise funds via IPOs this year, with more expected soon.