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Zaggle Prepaid, Cyient DLM, Healthvista India, Rashi Peripherals and Vishwaraj Sugar Industries have obtained the green signal to launch their initial public offerings (IPOs). The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year. Recently, the Securities and Exchange Board of India (Sebi) issued final observation letters on their draft red herring prospectuses (DRHPs), which is akin to getting approval to hit the markets.

MUMBAI (Reuters) - A pick-up in capital expenditure by private as well as state-owned firms in the new financial year is expected to provide a boost to India's corporate bond market, pushing issuances to another record in FY24, said bankers and analysts. | 06:16am

A pick-up in capital expenditure by private as well as state-owned firms in the new financial year is expected to provide a boost to India's ......

Pre-listing shareholders' lock-in will open for 33 companies in April-July, creating further volatility, while IPO fund raising almost halved to Rs 52,116 crore in FY23

The company has been spending on building the brand and adding new stores. However, these initiatives are taking time to deliver in a tough macro and competitive environment