SEBI approves IPOs for 7 firms including Gaudium IVF & Runwal Developers

The SEBI issued observations on the IPO draft documents of several companies in January: 

•  Sillverton Industries and Augmont Enterprises on January 12
•  Runwal Developers and Lalbaba Engineering on January 13
•  CJ Darcl Logistics on January 14
•  Gaudium IVF and Women Health on January 15
•  Supreet Chemicals on January 16.

With these observations, the companies are now cleared to launch their IPOs within the next one year.

Gaudium IVF and Women Health, a fertility service provider, has re-filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise funds for aggressive expansion of its network.

The revised IPO plan includes a fresh issue of up to 1.13 crore equity shares and an Offer-for-Sale (OFS) of up to 94.94 lakh shares by Dr. Manika Khanna, the founder. The overall IPO size remains nearly unchanged at 2.08 crore shares.