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Non-banking financial company Arohan Financial Services and Dodla Dairy, a leading dairy company in South India, have received capital markets regulator Sebi s go-ahead to float initial share-sales. The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23, an update with Sebi showed. Sebi s observation is very necessary for any company to launch public issues like initial public offer (IPO), follow-on public offer (FPO), and rights issue. Arohan Financial Services plans to raise between Rs 1,750 crore and Rs 1,800 crore, as per market sources. The public offer of the Aavishkaar Group promoted company comprises a fundraise through a fresh issuance of shares amounting to Rs 850 crore, according to Draft Red Herring Prospectus (DRHP). In addition, the company will have an offer for sale of 2,70,55,893 equity shares by Maj Invest Financial Inclusion Fund II K/S, Michael & Susan Dell Foundation, Tano India Private Equity Fund I

Tano india private equity fundMaj invest financial inclusion fundAarohan financial servicesAavishkaar groupMichael susan dell foundationDodla dairySouth indiaFinancial servicesDraft red herring prospectusSusan dell foundationதானோ இந்தியா ப்ரைவேட் பங்கு நிதிமஜ் முதலீடு நிதி சேர்த்தல் நிதிஆரோஹன் நிதி சேவைகள்மைக்கேல் சூசன் டெல் அடித்தளம்டோட்லா பால்தெற்கு இந்தியா