Capital markets regulator Sebi has cleared seven IPOs in a single session, signaling a strong start to the 2026 listing pipeline. According to reports from The Economic Times and The Hindu BusinessLine, the approvals span diverse sectors including fire safety equipment, IT services, real estate, energy solutions, and diversified manufacturing. This approval wave represents one of the largest single-session IPO clearances by the regulator, indicating robust market activity and investor confidence in the upcoming listing season.
HD Fire Protect, a Mumbai-based manufacturer of fire protection equipment and systems, received regulatory approval for its proposed public offer. As reported by The Economic Times and The Hindu BusinessLine, the company will conduct an entirely offer-for-sale of around 2.63 crore equity shares by promoters, with no fresh capital being raised. The company, incorporated in 1997, specializes in designing, manufacturing and supplying fire protection equipment and systems for industrial, commercial and institutional safety requirements. Notable installations include systems at India's space launch pad in Sriharikota, the Jamnagar refinery, the new Parliament building, Saudi Aramco's Ras Tanura Sea Island and an integrated power and water project in Oman. According to The Economic Times, the company manufactures water, foam and gas-based fire suppression systems from its two facilities in Maharashtra and also undertakes contract manufacturing and white labelling.
Xtranet Technologies, an IT services player founded in 2002, received Sebi approval for its proposed IPO. According to The Economic Times and The Hindu BusinessLine, the issue is expected to be a pure fresh issue of equity shares aggregating to about ₹190 crore. The company provides enterprise applications, digital services, managed IT operations and proprietary technology platforms, positioning itself as a full-spectrum IT services provider. Parijat Industries, an agro chemical company, is another company moving closer to the market with a proposed IPO comprising a fresh issue of ₹160 crore along with an offer-for-sale of up to 2.04 crore equity shares. The company's product portfolio includes plant protection products (insecticides, fungicides, bactericides, herbicides, and combinations), plant nutrition products such as specialty fertilisers, biostimulants, and plant growth regulators. As reported by The Economic Times, prior to the issue, promoters together held nearly 65% of the company's equity. The New Delhi-based company will utilise ₹121.6 crore of fresh issue proceeds for repayment of debt and the remainder funds for general corporate purposes.
Rotomag Enertec received regulatory clearance for its public issue combining a fresh issue of ₹500 crore with an offer-for-sale of up to 2.40 crore equity shares. As reported by The Economic Times and The Hindu BusinessLine, the company's shares are proposed to be listed on the NSE and BSE, with promoters currently holding over 91% stake in the energy equipment and solutions space. CSM Technologies is set to tap the primary market through a book-built issue comprising only a fresh issue of up to 1.29 crore equity shares with no offer-for-sale component. The company plans to list on both major stock exchanges, with the IPO aimed at funding growth initiatives, strengthening technological infrastructure and paying off debt. According to The Economic Times, post-issue, the equity base will expand materially to reflect the capital infusion. The Gujarat-based company, backed by Mauritius-based BanyanTree Growth Capital, will spend ₹100 crore of fresh issue proceeds for redemption of non-convertible debentures, ₹275 crore for working capital requirements and the remaining funds for general corporate purposes.
Eldeco Infrastructure & Properties Limited secured Sebi's nod for a ₹1,000 crore IPO comprising a fresh issue of ₹800 crore and an offer-for-sale of ₹200 crore. According to The Economic Times and The Hindu BusinessLine, the company intends to use the proceeds to strengthen its balance sheet and support ongoing and future real estate projects, with a listing planned on the NSE and BSE. Additionally, AITMC Ventures, formerly known as AVPL International, received approval for its proposed IPO marking its second attempt at going public. The company, described as an agri-drone start-up, plans to raise around ₹200 crore through a fresh issue, with proceeds earmarked for business expansion, working capital and general corporate purposes. As reported by The Economic Times, the company plans to use the proceeds for business expansion, working capital and general corporate purposes. Notably, Associated Power Structures has withdrawn its IPO papers on January 30, which had comprised a fresh issue of shares worth ₹400 crore and an offer-for-sale of 71.42 lakh shares by promoters.
