India’s IPO pipeline is set to widen, with nine companies across engineering, travel technology, gaming, drones, paper, renewable energy and digital platforms receiving Sebi approvals.
Indore-based Laxyo, an engineering and infrastructure services company, has received Sebi approval for its initial public offering. The company had filed its draft red herring prospectus in March. The issue comprises a fresh issue of equity shares worth up to Rs 150 crore.
