IPO & listingCNBC-TV18
Sebi approves IPO plans of Razorpay, Sembcorp, MakeMyTrip
Positive+27
GreyOak summary
SEBI approved the initial public offering plans for Razorpay Software, Sembcorp Green Infra, and MakeMyTrip India. Razorpay may raise ₹5,000-6,000 crore, while Sembcorp Green Infra aims to raise ₹3,750 crore for renewable energy expansion. MakeMyTrip's subsidiary will sell equity shares to strengthen the parent company's cash position.
What it affects
- SEBI regulationPositive +27
Approved IPO plans for three companies.Rolling sentiment Positive +28
