IPO Rush: Sanathan Textiles and Rubicon Research Get SEBI Approval
Sanathan Textiles, Rubicon Research, and Sai Life Sciences secure SEBI's nod to launch IPOs.
New Delhi:The Indian capital market is set to witness a flurry of new listings as Sanathan Textiles and Rubicon Research have received the green light from the Securities and Exchange Board of India (SEBI) to launch their Initial Public Offerings (IPOs). These two companies, along with a few others, are poised to raise significant capital to fuel their growth ambitions.
Sanathan Textiles, a diversified yarn manufacturer, and Rubicon Research, a pharmaceutical R&D firm, are expected to tap the public markets to fund expansion plans and strengthen their market positions. With India's robust economic growth and a thriving capital market, these IPOs are likely to attract investor interest.