SEBI Approves IPOs for Travelstack Tech, 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 plans to raise Rs 250 crore through fresh shares and an offer for sale, with proceeds allocated for working capital and debt repayment. Learnfluence Education and Tea Post also received clearance for their IPOs aimed at expansion and corporate purposes. Meanwhile, Rays Power Infra, Madhur Iron Steel, and Arjun Jewellers withdrew their IPO proposals amid market volatility influenced by geopolitical tensions in West Asia.