7 Companies Including Meesho and Shiprocket Secure Sebi Approval for Rs 7,700 Crore IPOs

Nov 03, 2025 08:13 pm CST

Seven companies, led by e-commerce giants Meesho and Shiprocket, have received regulatory approval from Sebi to raise approximately Rs 7,700 crore through initial public offerings. This development comes amid India's booming primary market activity in 2025, with Meesho planning to raise Rs 4,250 crore and Shiprocket targeting Rs 2,000-2,500 crore. Other approved companies include German Green Steel and Power, Allied Engineering Works, Skyways Air Services, Rajputana Stainless, and Manika Plastech.