Earning opportunity New IPOs SEBI approves IPOs of 7 companies including Policybazaar ipo paytm ipo achs

New Delhi. Between the festivals, news related to strong earnings has come out for the investors. Investors will get a chance to earn big money by investing money in 7 companies in the coming time. In fact, capital markets regulator SEBI has approved IPOs worth more than Rs 28,000 crore of more than half a dozen companies including Policybazaar IPO and Paytm IPO. These companies had submitted documents related to the IPO to SEBI between July and August. After this, the market regulator approved them during October 18-22.

Companies that have received approval for IPO from SEBI include ESAF Small Finance Bank, Sapphire Foods India and Anand Rathi Wealth. Apart from this, Paisabazaar, PB Fintech, life sciences company Tarsons Products and HP Adhesives have also got approval for IPO. The shares of these companies will also be listed on BSE and NSE.

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Where will the money raised from SBF IPO be used?
Small Finance Bank (SFB) will issue fresh shares worth Rs 800 crore under the IPO of Rs 997.78 crore. At the same time, shares worth Rs 197.78 crore will be sold under Offer for Sale (OFS). The money raised by issuing new shares will be used to raise Tier-1 capital. With this, the future needs of the company can be met. Under the OFS, PNB MetLife, Bajaj Allianz Life, PI Ventures and John Chakola will reduce their stake.

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SFI will not issue any fresh shares under IPO
Sapphire Foods India, which operates outlets like KFC and Pizza Hut, is planning to raise Rs 1500-2000 crore from IPO. The company will not issue any new shares under the IPO. Shareholders QSR Management Trust, Sapphire Foods Mauritius, WWD Ruby, Amethyst, AAGV Investment Trust, Edelweiss Crossover Opportunities Fund and Edelweiss Crossover Opportunities Fund – Series 2 will sell 1,75,69,941 equity shares under the OFS.

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ARW IPO will be completely offer for sale
Anand Rathi Wealth is planning to raise Rs 1,000 crore through IPO. This IPO is completely OFS. Under this, promoters and existing shareholders will sell 1.2 crore equity shares. Under the OFS, Anand Rathi Financial Services, Anand Rathi, Pradeep Gupta, Amit Rathi, Preeti Gupta, Supriya Rathi, Rawal Family Trust, Jugal Mantri and Firoz Aziz will reduce their stake.

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Fresh shares will also be issued in Paytm IPO
Paytm will raise Rs 8,300 crore by issuing fresh equity shares under the IPO. At the same time, shares worth Rs 8300 crore will be issued under OFS. Apart from Paytm founder Vijay Shekhar Sharma, Alibaba Group companies will sell their stake under OFS.