Official Gazette Notification Text
Official TranscriptPROCESSING STATUS OF DRAFT OFFER DOCUMENTS As on October 30, 2026 SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 require every issuer, being an unlisted company desirous of making an initial public offer, to file a draft offer document with SEBI through a merchant banker(s). The merchant banker(s) correspond with SEBI on behalf of the issuer. Given below is the processing...
PROCESSING STATUS OF DRAFT OFFER DOCUMENTS As on October 30, 2026 SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 require every issuer, being an unlisted company desirous of making an initial public offer, to file a draft offer document with SEBI through a merchant banker(s). The merchant banker(s) correspond with SEBI on behalf of the issuer.
Given below is the processing status of draft offer documents filed with SEBI on which observations are yet to be issued. The report is being updated on a weekly basis.
In case the draft offer document has remained unattended or there is an inordinate delay, the LM/Issuer should not hesitate to write to the Chief General Manager, Shri Deep Mani Shah (deepmanis@sebi.gov.in) or the Executive Director, Shri Jeevan Sonparote (jeevans@sebi.gov.in).
I. Draft Offer Document under process in SEBI:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication 1 Trenzet Infra Limited Unistone Capital Limited IPO (Fresh + OFS) 23 March 2026 30 April 2026 Sobhagya Capital Options 2 T.C. Terrytex Limited IPO (Fresh + OFS) 09 April 2026 24 August 2026 Private Limited 3 Gaurik Fashions Limited Credora Partners Private Limited IPO (Fresh + OFS) 11 May 2026 26 October 2026 Arohan Financial Services 4 DAM Capital Advisors Limited IPO (Fresh + OFS) 18 May 2026 26 October 2026 Limited 5 Razorpay Software Limited Axis Capital Ltd. Pre-filing 13 June 2026 29 October 2026 Gretex Corporate Services 6 Sky Alloys and Power Limited IPO (Fresh + OFS) 24 June 2026 29 September 2026 Limited 7 Course5 Intelligence Limited ICICI Securities Limited Pre-filing 29 June 2026 27 October 2026 InCred Capital Wealth Portfolio 8 Innoterra Limited IPO (Fresh + OFS) 29 June 2026 03 September 2026 Managers Private Limited Stalwart People Services India 9 Bajaj Capital Securities Limited IPO (Fresh + OFS) 30 June 2026 13 September 2026 Limited 10 Renfra Energy India Limited Unistone Capital Limited IPO (Fresh + OFS) 01 July 2026 30 October 2026 Pristine Logistics & Infraprojects 11 Axis Capital Limited Pre-filing 06 July 2026 27 October 2026 Limited Emerald Jewel Industry India 12 Axis Capital Limited Pre-filing 14 July 2026 26 October 2026 Limited Emkay Global Financial 13 Yogiji Digi Limited IPO (Fresh + OFS) 20 July 2026 24 September 2026 Services Ltd.
14 MakeMyTrip India Limited Axis Capital Limited Pre-filing 24 July 2026 29 October 2026 15 IFL Finance Ltd. Aryaman Financial Services Ltd. IPO (Fresh + OFS) 29 July 2026 21 October 2026 16 Veritas Finance Limited ICICI Securities Limited IPO (Fresh + OFS) 30 July 2026 19 October 2026 Systematix Corporate Services 17 Beauty Garage Limited IPO (Fresh + OFS) 30 July 2026 21 October 2026 Ltd Saffron Capital Advisors Private 18 Arjun Jewellers Limited IPO (Fresh Only) 01 August 2026 30 October 2026 Limited 19 Encube Ethicals Limited JM Financial Limited IPO (OFS Only) 03 August 2026 29 October 2026 JM Financial Institutional 20 Assetz Limited Pre-filing 13 August 2026 22 October 2026 Securities Limited Kotak Mahindra Capital 21 Muthoot Fincorp Limited IPO (Fresh Only) 13 August 2026 09 October 2026 Company 22 Svatantra Microfin Limited Axis Capital Limited IPO (Fresh + OFS) 17 August 2026 27 October 2026 23 India Exposition Mart Limited Choice Capital Advisors Pvt. Ltd. IPO (Fresh + OFS) 19 August 2026 21 September 2026 Systematix Corporate Services 24 Avtar Steel Limited IPO (Fresh + OFS) 20 August 2026 23 October 2026 Limited 25 Noble Hygiene Limited ICICI Securities Limited IPO (Fresh + OFS) 21 August 2026 27 October 2026 Motilal Oswal Investment 26 Gemini Edibles & Fats India Ltd. IPO (OFS Only) 22 August 2026 22 October 2026 Advisors Ltd.27 MP Steel (India) Limited Monarch Networth Capital Ltd. IPO (Fresh + OFS) 24 August 2026 26 October 2026 28 Aragen Lifesciences Limited Axis Capital Limited IPO (Fresh + OFS) 27 August 2026 14 October 2026 Kataria Dhulchand Pannalal Smart Horizon Capital Advisors 29 IPO (Fresh Only) 01 September 2026 15 October 2026 Jewellers Limited Private Limited 30 Sembcorp Green Infra Limited Axis Capital Limited IPO (Fresh Only) 01 September 2026 28 October 2026 31 Mahanadi Coalfields Ltd SBI Capital Markets Limited IPO (OFS Only) 03 September 2026 15 October 2026 32 Knack Global Limited JM Financial Limited IPO (Fresh + OFS) 09 September 2026 07 October 2026 Maharashtra Oil Extractions IDBI Capital Markets & 33 IPO (Fresh + OFS) 15 September 2026 21 October 2026 Limited Securities Limited Anchor Offshore Services Nirbhay Capital Services Private 34 IPO (Fresh + OFS) 18 September 2026 14 October 2026 Limited Limited Beeline Capital Advisors Private 35 Rudra Cottex Limited IPO (Fresh Only) 19 September 2026 29 October 2026 Limited Interactive Financial Services 36 VARDAAN BIOTECH LIMITED IPO (Fresh Only) 22 September 2026 15 October 2026 Limited Kotak Mahindra Capital 37 Valuedrive Technologies Limited Pre-filing 22 September 2026 19 October 2026 Company Limited 38 Abakkus Asset Manager Limited Axis Capital Limited IPO (Fresh + OFS) 22 September 2026 22 September 2026 InCred Capital Financial 39 Hi-Tech Flow Solutions Limited IPO (Fresh + OFS) 22 September 2026 27 October 2026 Services Limited Beeline Capital Advisors Private 40 Jai Parvati Forge Limited IPO (Fresh + OFS) 22 September 2026 29 October 2026 Limited Valmiki Leela Capital Private 41 PM CONA Industries Limited IPO (Fresh + OFS) 23 September 2026 27 October 2026 Limited Intensive Fiscal Services Private 42 Anmol Industries Limited IPO (OFS Only) 26 September 2026 26 September 2026 Limited Systematix Corporate Services 43 J Infratech Limited IPO (Fresh + OFS) 28 September 2026 29 October 2026 Limited Motilal Oswal Investment 44 Trans ACNR Solutions Limited Pre-filing 29 September 2026 27 October 2026 Advisors Limited Technopaints and Chemicals 45 Anand Rathi Advisors Limited IPO (Fresh + OFS) 29 September 2026 29 September 2026 Limited ULTRAVIBRANT INTEGRATED Beeline Capital Advisors Private 46 IPO (Fresh + OFS) 29 September 2026 29 October 2026 ENERGY LIMITED Limited Marwadi Chandarana 47 S. G. Encon Limited Intermediaries Brokers Private IPO (Fresh + OFS) 30 September 2026 30 October 2026 Limited PMI Electro Mobility Solutions JM Financial Institutional 48 Pre-filing 30 September 2026 24 October 2026 Limited Securities Limited Motilal Oswal Investment 49 J B Ecotex Limited IPO (Fresh + OFS) 30 September 2026 23 October 2026 Advisors Limited GYR Capital Advisors Private 50 Biocon Electric Limited IPO (Fresh + OFS) 30 September 2026 29 October 2026 Limited 51 Maxivision Eye Hospitals Limited ICICI Securities Limited Pre-filing 30 September 2026 27 October 2026 52 Dosti Realty Limited JM Financial Limited Pre-filing 30 September 2026 30 September 2026 53 ASG Hospital Limited Axis Capital Ltd. Pre-filing 30 September 2026 29 October 2026 54 Moneytree Realty Services Ltd. Choice Capital Advisors Pvt. Ltd. Pre-filing 30 September 2026 29 October 2026 55 Sunil Gold India Limited Choice Capital Advisors Pvt. Ltd. IPO (Fresh + OFS) 30 September 2026 29 October 2026 Marwadi Chandarana 56 Momai Art Limited Intermediaries Brokers Private IPO (Fresh + OFS) 30 September 2026 30 September 2026 Limited Mirae Asset Capital Markets 57 Kian-M Export Limited IPO (Fresh + OFS) 01 October 2026 30 October 2026 India Private Limited Beeline Capital Advisors Private 58 Sarva Foam Industries Limited IPO (Fresh + OFS) 01 October 2026 29 October 2026 Limited 59 Royal Chain Limited JM Financial Limited IPO (Fresh + OFS) 01 October 2026 29 October 2026 Malladi Drugs and 60 Axis Capital Limited Pre-filing 01 October 2026 28 October 2026 Pharmaceuticals Limited Kotak Mahindra Capital 61 Inox Air Products Limited IPO (OFS Only) 01 October 2026 30 October 2026 Company LimitedCorporate Professionals Capital 62 Pioneer Fabrcatiors Limited IPO (Fresh Only) 01 October 2026 01 October 2026 Private Limited Share India Capital Services 63 PCI Infraprojects Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 Private Limited Valmiki Leela Capital Private 64 Deon Energy Limited IPO (Fresh + OFS) 05 October 2026 30 October 2026 Limited Rathod Jewellery Manufacturing 65 Hem Securities Ltd IPO (Fresh Only) 05 October 2026 30 October 2026 Limited Aryaman Financial Services 66 Tanvi Exports India Limited IPO (Fresh + OFS) 05 October 2026 22 October 2026 Limited RUDRA GREEN SHIP Cumulative Capital Private 67 IPO (Fresh Only) 05 October 2026 15 October 2026 RECYCLING LIMITED Limited Sanghvi Housing and Aryaman Financial Services 68 IPO (Fresh Only) 05 October 2026 29 October 2026 Infrastructure Limited Limited Socradamus Capital Private 69 Pentacle Consultants (I) Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 Limited Anarock Property Consultants 70 ICICI Securities Limited IPO (Fresh + OFS) 05 October 2026 26 October 2026 Limited 71 B S Sponge Limited ICICI Securities Limited IPO (Fresh + OFS) 05 October 2026 08 October 2026 One View Corporate Advisors 72 Claroid Pharmaceuticals Limited IPO (Fresh + OFS) 06 October 2026 29 October 2026 Private Limited GYR Capital Advisors Private 73 Vinir Engineering Limited IPO (Fresh Only) 07 October 2026 07 October 2026 Limited INTEGRUM ENERGY 74 Mefcom Capital Markets Limited IPO (Fresh + OFS) 07 October 2026 16 October 2026 INFRASTRUCTURE LIMITED Motilal Oswal Investment 75 EverBrands India Limited IPO (Fresh Only) 15 October 2026 22 October 2026 Advisors Limited Pantomath Capital Advisors 76 Hunger Pangs Limited IPO (Fresh + OFS) 21 October 2026 21 October 2026 Private Limited Valmiki Leela Capital Private 77 GAMP Services Limited IPO (Fresh + OFS) 22 October 2026 27 October 2026 Limited II. Clarifications are sought by SEBI and response from LM is awaited:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication 1 Sterlite Electric Limited Axis Capital Limited IPO (Fresh + OFS) 03 October 2025 19 June 2026 Pragyawan Technologies 2 Pantomath Capital Advisors Ltd. IPO (Fresh + OFS) 06 July 2026 04 September 2026 Limited Systematix Corporate Services 3 Master Chains N Jewels Limited IPO (Fresh + OFS) 31 July 2026 29 October 2026 Limited 4 Advanced Sys-Tek Limited Inga Ventures Private Limited IPO (Fresh + OFS) 05 August 2026 30 October 2026 Sagar Defence Engineering 5 JM Financial Limited Pre-filing 06 August 2026 29 October 2026 Limited Tablespace Technologies 6 Axis Capital Limited IPO (Fresh + OFS) 18 August 2026 30 October 2026 Limited Narnolia Financial Services 7 M K C AGRO FRESH LIMITED IPO (Fresh + OFS) 11 September 2026 09 October 2026 Limited Iberia Pharmaceuticals India Turnaround Corporate Advisors 8 IPO (Fresh Only) 16 September 2026 16 October 2026 Limited Private Limited Pantomath Capital Advisors 9 Iris Global Services Limited IPO (Fresh + OFS) 24 September 2026 26 October 2026 Private Limited 10 JSW One Platforms Ltd. JM Financial Ltd. IPO (Fresh + OFS) 25 September 2026 21 October 2026 Keynote Financial Services 11 Koolking Industries India Limited IPO (Fresh + OFS) 25 September 2026 29 October 2026 Limited Electromech Infraprojects 12 Arihant Capital Markets Ltd IPO (Fresh + OFS) 26 September 2026 16 October 2026 Limited 13 Wadhwagroup Holding Limitd ICICI Securities Limited Pre-filing 28 September 2026 22 October 2026 Baanganga Gold & Diamond (I) 14 DAM Capital Advisors Limited IPO (Fresh + OFS) 29 September 2026 22 October 2026 Limited EKKAA ELECTRONICS INDIA Motilal Oswal Investment 15 IPO (Fresh + OFS) 30 September 2026 22 October 2026 LIMITED Advisors Limited IDBI Capital Markets & 16 Vardhman Appliances Limited IPO (Fresh + OFS) 30 September 2026 30 October 2026 Securities Limited 17 Assetgro Fintech Ltd. Axis Capital Ltd. Pre-filing 30 September 2026 22 October 2026VALMIKI LEELA CAPITAL 18 S. D. International Limited IPO (Fresh + OFS) 30 September 2026 22 October 2026 PRIVATE LIMITED 19 Goldi Solar Limited SBI Capital Markets Limited Pre-filing 01 October 2026 28 October 2026 Gretex Corporate Services 20 Tenty Limited IPO (Fresh + OFS) 01 October 2026 16 October 2026 Limited JAGATJIT AGRI ENGINEERING Keynote Corporate Services 21 IPO (Fresh + OFS) 01 October 2026 22 October 2026 LIMITED Limited 22 SAI Infinium Limited Fedex Securities Limited IPO (Fresh + OFS) 01 October 2026 09 October 2026 Turnaround Corporate Advisors 23 PES Installations Limited IPO (Fresh + OFS) 03 October 2026 16 October 2026 Private Limited Mount Everest Breweries Beeline Capital Advisors Private 24 IPO (Fresh Only) 05 October 2026 16 October 2026 Limited Limited InCred Capital Financial 25 KATALINE LIMITED IPO (Fresh + OFS) 05 October 2026 28 October 2026 Services Limited 26 Shreejikrupa Project Limited Anand Rathi Advisors Limited IPO (Fresh + OFS) 05 October 2026 28 October 2026 Pantomath Capital Advisors 27 Airiq 365 Limited Pre-filing 05 October 2026 28 October 2026 Private Limited Vatsa Capital Venture Private 28 NNT Developers Limited IPO (Fresh Only) 05 October 2026 09 October 2026 Limited III) In-principle approval from Exchanges are awaited:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication Intensive Financial Services 1 Jainam Broking Limited Pre-filing 07 October 2025 09 June 2026 Limited 2 Bvishal Oil and Energy Limited Unistone Capital Private Limited IPO (Fresh + OFS) 31 March 2026 12 May 2026 Madhur Iron & Steel India Share India Capital Services 3 IPO (Fresh Only) 17 September 2026 14 October 2026 Limited Private Limited 4 Arete 22 Limited Unistone Capital Private Limited IPO (Fresh Only) 01 October 2026 01 October 2026 IV) Comments sought from other regulators / Government agencies and response awaited:
Last Date of S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Communication V) Issuance of observations kept in abeyance:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication Nuvama Wealth Management IPO (Fresh + 1 Inox Clean Energy Limited 01 October 2026 01 October 2026 Limited OFS) VI) Observations issued / withdrawn / returned during the week:
Observation letter issued / S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt withdrawn / returned Issue Withdrawn/Returned on 1 WOG Technologies Limited Unistone Capital Pvt. Ltd. IPO (Fresh + OFS) 29 December 2025 30-10-2026 Beeline Capital Advisors Private Observations issued during 2 Punjab Carbonic Limited IPO (Fresh + OFS) 09 April 2026 Limited the Week on 29-10-2026 Motilal Oswal Investment Observations issued during 3 Ratnadeep Retail Limited IPO (Fresh + OFS) 01 July 2026 Advisors Ltd. the Week on 27-10-2026 GNI INFRASTRUCTURE Observations issued during 4 SMC Capitals Limited IPO (Fresh + OFS) 15 July 2026 LIMITED the Week on 30-10-2026 Observations issued during 5 Atomberg Technologies Limited ICICI Securities Limited IPO (Fresh + OFS) 24 August 2026 the Week on 30-10-2026