Official Gazette Notification Text
Official TranscriptPROCESSING STATUS OF DRAFT OFFER DOCUMENTS As on October 22, 2026 SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 require every issuer, being an unlisted company desirous of making an initial public offer, to file a draft offer document with SEBI through a merchant banker(s). The merchant banker(s) correspond with SEBI on behalf of the issuer. Given below is the processing...
PROCESSING STATUS OF DRAFT OFFER DOCUMENTS As on October 22, 2026 SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 require every issuer, being an unlisted company desirous of making an initial public offer, to file a draft offer document with SEBI through a merchant banker(s). The merchant banker(s) correspond with SEBI on behalf of the issuer.
Given below is the processing status of draft offer documents filed with SEBI on which observations are yet to be issued. The report is being updated on a weekly basis.
In case the draft offer document has remained unattended or there is an inordinate delay, the LM/Issuer should not hesitate to write to the Chief General Manager, Shri Deep Mani Shah (deepmanis@sebi.gov.in) or the Executive Director, Shri Jeevan Sonparote (jeevans@sebi.gov.in).
I. Draft Offer Document under process in SEBI:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication 1 WOG Technologies Limited Unistone Capital Pvt. Ltd. IPO (Fresh + OFS) 29 December 2025 10 June 2026 2 Trenzet Infra Limited Unistone Capital Limited IPO (Fresh + OFS) 23 March 2026 30 April 2026 3 Bvishal Oil and Energy Limited Unistone Capital Private Limited IPO (Fresh + OFS) 31 March 2026 12 May 2026 Beeline Capital Advisors Private 4 Punjab Carbonic Limited IPO (Fresh + OFS) 09 April 2026 21 October 2026 Limited 5 Gaurik Fashions Limited Credora Partners Private Limited IPO (Fresh + OFS) 11 May 2026 13 October 2026 Gretex Corporate Services 6 Sky Alloys and Power Limited IPO (Fresh + OFS) 24 June 2026 29 September 2026 Limited InCred Capital Wealth Portfolio 7 Innoterra Limited IPO (Fresh + OFS) 29 June 2026 03 September 2026 Managers Private Limited Stalwart People Services India 8 Bajaj Capital Securities Limited IPO (Fresh + OFS) 30 June 2026 13 September 2026 Limited Emerald Jewel Industry India 9 Axis Capital Limited Pre-filing 14 July 2026 17 September 2026 Limited GNI INFRASTRUCTURE 10 SMC Capitals Limited IPO (Fresh + OFS) 15 July 2026 08 October 2026 LIMITED Emkay Global Financial Services 11 Yogiji Digi Limited IPO (Fresh + OFS) 20 July 2026 24 September 2026 Ltd.
12 IFL Finance Ltd. Aryaman Financial Services Ltd. IPO (Fresh + OFS) 29 July 2026 21 October 2026 13 Veritas Finance Limited ICICI Securities Limited IPO (Fresh + OFS) 30 July 2026 19 October 2026 14 Encube Ethicals Limited JM Financial Limited IPO (OFS Only) 03 August 2026 07 October 2026 15 Advanced Sys-Tek Limited Inga Ventures Private Limited IPO (Fresh + OFS) 05 August 2026 16 October 2026 Sagar Defence Engineering 16 JM Financial Limited Pre-filing 06 August 2026 19 October 2026 Limited Kotak Mahindra Capital 17 Muthoot Fincorp Limited IPO (Fresh Only) 13 August 2026 09 October 2026 Company JM Financial Institutional 18 Assetz Limited Pre-filing 13 August 2026 22 October 2026 Securities Limited 19 Svatantra Microfin Limited Axis Capital Limited IPO (Fresh + OFS) 17 August 2026 26 September 2026 Tablespace Technologies 20 Axis Capital Limited IPO (Fresh + OFS) 18 August 2026 19 October 2026 Limited 21 India Exposition Mart Limited Choice Capital Advisors Pvt. Ltd. IPO (Fresh + OFS) 19 August 2026 21 September 2026 22 Nobel Hygiene Limited ICICI Securities Limited IPO (Fresh + OFS) 21 August 2026 15 September 2026 23 Aragen Lifesciences Limited Axis Capital Limited IPO (Fresh + OFS) 27 August 2026 29 September 2026 Kataria Dhulchand Pannalal Smart Horizon Capital Advisors 24 IPO (Fresh Only) 01 September 2026 15 October 2026 Jewellers Limited Private Limited 25 Knack Global Limited JM Financial Limited IPO (Fresh + OFS) 09 September 2026 07 October 2026 Maharashtra Oil Extractions IDBI Capital Markets & 26 IPO (Fresh + OFS) 15 September 2026 21 October 2026 Limited Securities Limited Anchor Offshore Services Nirbhay Capital Services Private 27 IPO (Fresh + OFS) 18 September 2026 14 October 2026 Limited Limited 28 Abakkus Asset Manager Limited Axis Capital Limited IPO (OFS Only) 22 September 2026 22 September 2026 Kotak Mahindra Capital 29 Valuedrive Technologies Limited Pre-filing 22 September 2026 19 October 2026 Company Limited Interactive Financial Services 30 VARDAAN BIOTECH LIMITED IPO (Fresh Only) 22 September 2026 15 October 2026 LimitedIntensive Fiscal Services Private 31 Anmol Industries Limited IPO (OFS Only) 26 September 2026 26 September 2026 Limited Technopaints and Chemicals 32 Anand Rathi Advisors Limited IPO (Fresh + OFS) 29 September 2026 29 September 2026 Limited ULTRAVIBRANT INTEGRATED Beeline Capital Advisors Private 33 IPO (Fresh + OFS) 29 September 2026 19 October 2026 ENERGY LIMITED Limited 34 ASG Hospital Limited Axis Capital Ltd. Pre-filing 30 September 2026 30 September 2026 35 Dosti Realty Limited JM Financial Limited Pre-filing 30 September 2026 30 September 2026 IDBI Capital Markets & 36 Vardhman Appliances Limited IPO (Fresh + OFS) 30 September 2026 30 September 2026 Securities Limited Marwadi Chandarana 37 Momai Art Limited Intermediaries Brokers Private IPO (Fresh + OFS) 30 September 2026 30 September 2026 Limited Corporate Professionals Capital 38 Pioneer Fabrcatiors Limited IPO (Fresh Only) 01 October 2026 01 October 2026 Private Limited Kotak Mahindra Capital 39 Inox Air Products Limited IPO (OFS Only) 01 October 2026 01 October 2026 Company Limited InCred Capital Financial 40 KATALINE LIMITED IPO (Fresh + OFS) 05 October 2026 05 October 2026 Services Limited Rathod Jewellery Manufacturing 41 Hem Securities Ltd IPO (Fresh Only) 05 October 2026 05 October 2026 Limited Valmiki Leela Capital Private 42 Deon Energy Limited IPO (Fresh + OFS) 05 October 2026 19 October 2026 Limited 43 Shreejikrupa Project Limited Anand Rathi Advisors Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 Pantomath Capital Advisors 44 Airiq 365 Limited Pre-filing 05 October 2026 22 October 2026 Private Limited Share India Capital Services 45 PCI Infraprojects Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 Private Limited Aryaman Financial Services 46 Tanvi Exports India Limited IPO (Fresh + OFS) 05 October 2026 22 October 2026 Limited Sanghvi Housing and Aryaman Financial Services 47 IPO (Fresh Only) 05 October 2026 19 October 2026 Infrastructure Limited Limited 48 B S Sponge Limited ICICI Securities Limited IPO (Fresh + OFS) 05 October 2026 08 October 2026 RUDRA GREEN SHIP Cumulative Capital Private 49 IPO (Fresh Only) 05 October 2026 15 October 2026 RECYCLING LIMITED Limited Socradamus Capital Private 50 Pentacle Consultants (I) Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 Limited Marwadi Chandarana Grace Renewable Energy 51 Intermediaries Brokers Private IPO (Fresh + OFS) 07 October 2026 07 October 2026 Limited Limited GYR Capital Advisors Private 52 Vinir Engineering Limited IPO (Fresh Only) 07 October 2026 07 October 2026 Limited Motilal Oswal Investment 53 EverBrands India Limited IPO (Fresh Only) 15 October 2026 22 October 2026 Advisors Limited Pantomath Capital Advisors 54 Hunger Pangs Limited IPO (Fresh + OFS) 21 October 2026 21 October 2026 Private Limited Valmiki Leela Capital Private 55 GAMP Services Limited IPO (Fresh + OFS) 22 October 2026 22 October 2026 Limited II. Clarifications are sought by SEBI and response from LM is awaited:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication 1 Sterlite Electric Limited Axis Capital Limited IPO (Fresh + OFS) 03 October 2025 19 June 2026 2 Renfra Energy India Limited Unistone Capital Limited IPO (Fresh + OFS) 01 July 2026 22 October 2026 Motilal Oswal Investment 3 Ratnadeep Retail Limited IPO (Fresh + OFS) 01 July 2026 16 October 2026 Advisors Ltd.
Pristine Logistics & Infraprojects 4 Axis Capital Limited Pre-filing 06 July 2026 01 October 2026 Limited Pragyawan Technologies 5 Pantomath Capital Advisors Ltd. IPO (Fresh + OFS) 06 July 2026 04 September 2026 Limited 6 MakeMyTrip India Limited Axis Capital Limited Pre-filing 24 July 2026 16 October 2026 Systematix Corporate Services 7 Beauty Garage Limited IPO (Fresh + OFS) 30 July 2026 04 September 2026 Ltd Systematix Corporate Services 8 Master Chains N Jewels Limited IPO (Fresh + OFS) 31 July 2026 21 October 2026 Limited Systematix Corporate Services 9 Avtar Steel Limited IPO (Fresh + OFS) 20 August 2026 09 October 2026 Limited Motilal Oswal Investment 10 Gemini Edibles & Fats India Ltd. IPO (OFS Only) 22 August 2026 22 October 2026 Advisors Ltd.
11 MP Steel (India) Limited Monarch Networth Capital Ltd. IPO (Fresh + OFS) 24 August 2026 23 September 202612 Sembcorp Green Infra Limited Axis Capital Limited IPO (Fresh Only) 01 September 2026 12 October 2026 13 Mahanadi Coalfields Ltd SBI Capital Markets Limited IPO (OFS Only) 03 September 2026 15 October 2026 Narnolia Financial Services 14 M K C AGRO FRESH LIMITED IPO (Fresh + OFS) 11 September 2026 09 October 2026 Limited Iberia Pharmaceuticals India Turnaround Corporate Advisors 15 IPO (Fresh Only) 16 September 2026 15 October 2026 Limited Private Limited Beeline Capital Advisors Private 16 Rudra Cottex Limited IPO (Fresh Only) 19 September 2026 22 October 2026 Limited Beeline Capital Advisors Private 17 Jai Parvati Forge Limited IPO (Fresh + OFS) 22 September 2026 22 October 2026 Limited InCred Capital Financial 18 Hi-Tech Flow Solutions Limited IPO (Fresh + OFS) 22 September 2026 14 October 2026 Services Limited Valmiki Leela Capital Private 19 PM CONA Industries Limited IPO (Fresh + OFS) 23 September 2026 22 October 2026 Limited Pantomath Capital Advisors 20 Iris Global Services Limited IPO (Fresh + OFS) 24 September 2026 16 October 2026 Private Limited Keynote Financial Services 21 Koolking Industries India Limited IPO (Fresh + OFS) 25 September 2026 22 October 2026 Limited 22 JSW One Platforms Ltd. JM Financial Ltd. IPO (Fresh + OFS) 25 September 2026 14 October 2026 Electromech Infraprojects 23 Arihant Capital Markets Ltd IPO (Fresh + OFS) 26 September 2026 16 October 2026 Limited 24 Wadhwagroup Holding Limitd ICICI Securities Limited Pre-filing 28 September 2026 22 October 2026 Systematix Corporate Services 25 J Infratech Limited IPO (Fresh + OFS) 28 September 2026 22 October 2026 Limited Baanganga Gold & Diamond (I) 26 DAM Capital Advisors Limited IPO (Fresh + OFS) 29 September 2026 22 October 2026 Limited Motilal Oswal Investment 27 Trans ACNR Solutions Limited Pre-filing 29 September 2026 22 October 2026 Advisors Limited Motilal Oswal Investment 28 J B Ecotex Limited IPO (Fresh + OFS) 30 September 2026 09 October 2026 Advisors Limited PMI Electro Mobility Solutions JM Financial Institutional 29 Pre-filing 30 September 2026 09 October 2026 Limited Securities Limited EKKAA ELECTRONICS INDIA Motilal Oswal Investment 30 IPO (Fresh + OFS) 30 September 2026 22 October 2026 LIMITED Advisors Limited 31 Moneytree Realty Services Ltd. Choice Capital Advisors Pvt. Ltd. Pre-filing 30 September 2026 16 October 2026 32 Assetgro Fintech Ltd. Axis Capital Ltd. Pre-filing 30 September 2026 16 October 2026 33 Maxivision Eye Hospitals Limited ICICI Securities Limited Pre-filing 30 September 2026 21 October 2026 34 Sunil Gold India Limited Choice Capital Advisors Pvt. Ltd. IPO (Fresh + OFS) 30 September 2026 21 October 2026 GYR Capital Advisors Private 35 Biocon Electric Limited IPO (Fresh + OFS) 30 September 2026 22 October 2026 Limited VALMIKI LEELA CAPITAL 36 S. D. International Limited IPO (Fresh + OFS) 30 September 2026 22 October 2026 PRIVATE LIMITED Marwadi Chandarana 37 S. G. Encon Limited Intermediaries Brokers Private IPO (Fresh + OFS) 30 September 2026 16 October 2026 Limited Gretex Corporate Services 38 Tenty Limited IPO (Fresh + OFS) 01 October 2026 16 October 2026 Limited 39 Goldi Solar Limited SBI Capital Markets Limited Pre-filing 01 October 2026 22 October 2026 Beeline Capital Advisors Private 40 Sarva Foam Industries Limited IPO (Fresh + OFS) 01 October 2026 22 October 2026 Limited 41 Royal Chain Limited JM Financial Limited IPO (Fresh + OFS) 01 October 2026 16 October 2026 Mirae Asset Capital Markets 42 Kian-M Export Limited IPO (Fresh + OFS) 01 October 2026 09 October 2026 India Private Limited 43 SAI Infinium Limited Fedex Securities Limited IPO (Fresh + OFS) 01 October 2026 09 October 2026 JAGATJIT AGRI ENGINEERING Keynote Corporate Services 44 IPO (Fresh + OFS) 01 October 2026 22 October 2026 LIMITED Limited Malladi Drugs and 45 Axis Capital Limited Pre-filing 01 October 2026 22 October 2026 Pharmaceuticals Limited Turnaround Corporate Advisors 46 PES Installations Limited IPO (Fresh + OFS) 03 October 2026 16 October 2026 Private Limited Mount Everest Breweries Beeline Capital Advisors Private 47 IPO (Fresh Only) 05 October 2026 16 October 2026 Limited Limited Anarock Property Consultants 48 ICICI Securities Limited IPO (Fresh + OFS) 05 October 2026 16 October 2026 Limited Vatsa Capital Venture Private 49 NNT Developers Limited IPO (Fresh Only) 05 October 2026 09 October 2026 Limited One View Corporate Advisors 50 Claroid Pharmaceuticals Limited IPO (Fresh + OFS) 06 October 2026 22 October 2026 Private Limited INTEGRUM ENERGY 51 Mefcom Capital Markets Limited IPO (Fresh + OFS) 07 October 2026 09 October 2026 INFRASTRUCTURE LIMITEDIII) In-principle approval from Exchanges are awaited:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication Intensive Financial Services 1 Jainam Broking Limited Pre-filing 07 October 2025 09 June 2026 Limited Sobhagya Capital Options 2 T.C. Terrytex Limited IPO (Fresh + OFS) 09 April 2026 24 August 2026 Private Limited 3 Razorpay Software Limited Axis Capital Ltd. Pre-filing 13 June 2026 15 October 2026 Saffron Capital Advisors Private 4 Arjun Jewellers Limited IPO (Fresh Only) 01 August 2026 05 October 2026 Limited 5 Atomberg Technologies Limited ICICI Securities Limited IPO (Fresh + OFS) 24 August 2026 01 October 2026 Madhur Iron & Steel India Share India Capital Services 6 IPO (Fresh Only) 17 September 2026 14 October 2026 Limited Private Limited 7 Arete 22 Limited Unistone Capital Private Limited IPO (Fresh Only) 01 October 2026 01 October 2026 IV) Comments sought from other regulators / Government agencies and response awaited:
Last Date of S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Communication V) Issuance of observations kept in abeyance:
S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt Last Date of Communication Nuvama Wealth Management IPO (Fresh + 1 Inox Clean Energy Limited 01 October 2026 01 October 2026 Limited OFS) VI) Observations issued / withdrawn / returned during the week:
Observation letter issued / S.No Name of the Issue Coordinating LM Type of Issue Date of Receipt withdrawn / returned J Pan Tubular Components Observations issued during 1 Hem Securities Limited IPO (Fresh + OFS) 14 July 2026 Limited the Week on 19-10-2026