SEBI clears IPO plans of Atomberg, Ratnadeep Retail and Punjab Carbonic
Article excerpt
The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) plans of consumer appliances maker Atomberg Technologies, Punjab Carbonic and supermarket chain Ratnadeep Retail, according to the latest weekly update on the market regulator’s website. The regulator has also cleared the IPO proposal of GNI Infrastructure, while the proposed public offering of WOG Technologies has been withdrawn or returned. Consumer appliances maker Atomberg Technologies has receiv
Extracted from this sentence
Consumer appliances maker Atomberg Technologies has received SEBI's approval for its proposed IPO, comprising a fresh issue of equity shares worth up to ₹450 crore and an offer for sale (OFS) of 7.65 crore shares by existing investors.
