NEW DELHI, Dec 9: Five companies—LEAP India, Eldorado Agritech, Molbio Diagnostics, Foodlink F&B Holdings, and Technocraft Ventures—have received Sebi approval to launch IPOs.
LEAP India’s Rs 2,400-crore and Eldorado Agritech’s Rs 1,000-crore IPOs combine fresh equity and offers-for-sale, with proceeds aimed at debt repayment, working capital, and expansion.
Molbio, Foodlink, and Technocraft also plan to use IPO proceeds for infrastructure, kitchens, and working capital.
Meanwhile, Inox Clean Energy and Sky Alloys & Power have withdrawn their filings, with Inox expected to refile after updating financials. (PTI)
