SEBI approves eight new IPOs including Shadowfax and ARCIL amid reviving capital-market momentum

India’s primary market activity accelerated as SEBI approved eight IPO proposals, including ARCIL, Shadowfax Technologies, and Rayzon Solar. Together, the offers may mobilize over ₹8,500 crore in the coming weeks. The renewed pipeline signals strong investor appetite for growth-oriented mid-caps and infrastructure plays. Bankers expect November to see at least ten listings amid robust liquidity and favorable valuation multiples. Market experts said the trend reflects rising confidence in India’s equity-capital ecosystem after a muted first half of FY25. SEBI also issued guidelines for disclosure standardization to enhance investor transparency.