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Thirteen companies including Purple Style Labs get SEBI approval for IPOs
SEBI has approved IPO plans of thirteen companies including Purple Style Labs, BVG India, and CMR Green, indicating steady momentum in the primary market.
As many as thirteen companies, including Purple Style Labs, BVG India, Sify Infinit, and CMR Green Technologies, have received approval from SEBI to raise funds through initial public offerings. The clearances signal a strengthening IPO pipeline as firms look to tap capital markets for expansion, debt reduction, and growth initiatives amid improving investor sentiment in India’s primary markets.