Nine Companies File IPO Papers with SEBI to Raise Funds

Nine companies have submitted their preliminary IPO papers to the markets regulator SEBI between September 21 and 26 to raise capital for business expansion, debt repayment, and general corporate needs. Trans ACNR Solutions chose the confidential pre-filing route, meaning its financial details and timeline remain private for now. Meanwhile, eight other firms filed standard public draft documents. Maharashtra Oil Extractions proposes a fresh issue of up to ₹370 crore alongside an offer for sale of up to 2.14 crore shares. Jagatjit Agri Engineering plans a fresh issue of up to ₹300 crore and a 31 lakh share offer for sale by promoter Jagatjit Singh. Jai Parvati Forge aims for a fresh issue of up to ₹300 crore and a 90 lakh share offer for sale by Suman Chauhan. Koolking Industries India targets a fresh issue of up to ₹300 crore and a 30.50 lakh share offer for sale. SG Encon's offer includes up to 71.90 lakh fresh shares and a 13.71 lakh share offer for sale by Rajiv Gandhi and Pankaj Setia. Mount Everest Breweries filed for a fresh issue of up to 1.15 crore shares. Sai Infinium Ltd plans a fresh issue of up to ₹280 crore and a 1.20 crore share offer for sale by Ishu Bansal. Ultravibrant Integrated Energy Ltd proposes a fresh issue of up to 1.20 crore shares and a 25 lakh share offer for sale by Rajeshwar Singh. Additionally, 11 more companies including JSW One Platforms and Anmol Industries also filed their draft papers recently.