Official Gazette Notification Text
Official TranscriptPROCESSING STATUS OF DRAFT OFFER DOCUMENTS As on October 16, 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 16, 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 27 August 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 9 Renfra Energy India Limited Unistone Capital Limited IPO (Fresh + OFS) 01 July 2026 01 July 2026 Emerald Jewel Industry India 10 Axis Capital Limited Pre-filing 14 July 2026 17 September 2026 Limited J Pan Tubular Components 11 Hem Securities Limited IPO (Fresh + OFS) 14 July 2026 16 October 2026 Limited GNI INFRASTRUCTURE 12 SMC Capitals Limited IPO (Fresh + OFS) 15 July 2026 08 October 2026 LIMITED Emkay Global Financial 13 Yogiji Digi Limited IPO (Fresh + OFS) 20 July 2026 24 September 2026 Services Ltd.
14 IFL Finance Ltd. Aryaman Financial Services Ltd. IPO (Fresh + OFS) 29 July 2026 12 October 2026 15 Encube Ethicals Limited JM Financial Limited IPO (OFS Only) 03 August 2026 07 October 2026 Sagar Defence Engineering 16 JM Financial Limited Pre-filing 06 August 2026 15 October 2026 Limited Kotak Mahindra Capital 17 Muthoot Fincorp Limited IPO (Fresh Only) 13 August 2026 09 October 2026 Company 18 Svatantra Microfin Limited Axis Capital Limited IPO (Fresh + OFS) 17 August 2026 26 September 2026 19 India Exposition Mart Limited Choice Capital Advisors Pvt. Ltd. IPO (Fresh + OFS) 19 August 2026 21 September 2026 20 Nobel Hygiene Limited ICICI Securities Limited IPO (Fresh + OFS) 21 August 2026 15 September 2026 Motilal Oswal Investment 21 Gemini Edibles & Fats India Ltd. IPO (OFS Only) 22 August 2026 21 September 2026 Advisors Ltd.
22 Aragen Lifesciences Limited Axis Capital Limited IPO (Fresh + OFS) 27 August 2026 29 September 2026 23 Sembcorp Green Infra Limited Axis Capital Limited IPO (Fresh Only) 01 September 2026 12 October 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 Anchor Offshore Services Nirbhay Capital Services Private 26 IPO (Fresh + OFS) 18 September 2026 14 October 2026 Limited LimitedBeeline Capital Advisors Private 27 Rudra Cottex Limited IPO (Fresh Only) 19 September 2026 19 September 2026 Limited Interactive Financial Services 28 VARDAAN BIOTECH LIMITED IPO (Fresh Only) 22 September 2026 15 October 2026 Limited 29 Abakkus Asset Manager Limited Axis Capital Limited IPO (OFS Only) 22 September 2026 22 September 2026 Beeline Capital Advisors Private 30 Jai Parvati Forge Limited IPO (Fresh + OFS) 22 September 2026 22 September 2026 Limited Kotak Mahindra Capital 31 Valuedrive Technologies Limited Pre-filing 22 September 2026 22 September 2026 Company Limited Valmiki Leela Capital Private 32 PM CONA Industries Limited IPO (Fresh + OFS) 23 September 2026 23 September 2026 Limited Keynote Financial Services 33 Koolking Industries India Limited IPO (Fresh + OFS) 25 September 2026 25 September 2026 Limited Intensive Fiscal Services Private 34 Anmol Industries Limited IPO (OFS Only) 26 September 2026 26 September 2026 Limited 35 Wadhwagroup Holding Limitd ICICI Securities Limited Pre-filing 28 September 2026 28 September 2026 Systematix Corporate Services 36 J Infratech Limited IPO (Fresh + OFS) 28 September 2026 28 September 2026 Limited Technopaints and Chemicals 37 Anand Rathi Advisors Limited IPO (Fresh + OFS) 29 September 2026 29 September 2026 Limited Motilal Oswal Investment 38 Trans ACNR Solutions Limited Pre-filing 29 September 2026 29 September 2026 Advisors Limited Baanganga Gold & Diamond (I) 39 DAM Capital Advisors Limited IPO (Fresh + OFS) 29 September 2026 08 October 2026 Limited 40 ASG Hospital Limited Axis Capital Ltd. Pre-filing 30 September 2026 30 September 2026 EKKAA ELECTRONICS INDIA Motilal Oswal Investment 41 IPO (Fresh + OFS) 30 September 2026 14 October 2026 LIMITED Advisors Limited VALMIKI LEELA CAPITAL 42 S. D. International Limited IPO (Fresh + OFS) 30 September 2026 14 October 2026 PRIVATE LIMITED Marwadi Chandarana 43 Momai Art Limited Intermediaries Brokers Private IPO (Fresh + OFS) 30 September 2026 30 September 2026 Limited IDBI Capital Markets & 44 Vardhman Appliances Limited IPO (Fresh + OFS) 30 September 2026 30 September 2026 Securities Limited 45 Dosti Realty Limited JM Financial Limited Pre-filing 30 September 2026 30 September 2026 GYR Capital Advisors Private 46 Biocon Electric Limited IPO (Fresh + OFS) 30 September 2026 30 September 2026 Limited 47 Maxivision Eye Hospitals Limited ICICI Securities Limited Pre-filing 30 September 2026 30 September 2026 JAGATJIT AGRI ENGINEERING Keynote Corporate Services 48 IPO (Fresh + OFS) 01 October 2026 16 October 2026 LIMITED Limited 49 Goldi Solar Limited SBI Capital Markets Limited Pre-filing 01 October 2026 12 October 2026 Beeline Capital Advisors Private 50 Sarva Foam Industries Limited IPO (Fresh + OFS) 01 October 2026 01 October 2026 Limited Corporate Professionals Capital 51 Pioneer Fabrcatiors Limited IPO (Fresh Only) 01 October 2026 01 October 2026 Private Limited Kotak Mahindra Capital 52 Inox Air Products Limited IPO (OFS Only) 01 October 2026 01 October 2026 Company Limited Motilal Oswal Investment 53 EverBrands India Limited IPO (Fresh Only) 01 October 2026 01 October 2026 Advisors Limited Malladi Drugs and 54 Axis Capital Limited Pre-filing 01 October 2026 01 October 2026 Pharmaceuticals Limited Share India Capital Services 55 PCI Infraprojects Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 Private Limited Rathod Jewellery Manufacturing 56 Hem Securities Ltd IPO (Fresh Only) 05 October 2026 05 October 2026 Limited InCred Capital Financial 57 KATALINE LIMITED IPO (Fresh + OFS) 05 October 2026 05 October 2026 Services Limited RUDRA GREEN SHIP Cumulative Capital Private 58 IPO (Fresh Only) 05 October 2026 15 October 2026 RECYCLING LIMITED Limited Socradamus Capital Private 59 Pentacle Consultants (I) Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 Limited 60 B S Sponge Limited ICICI Securities Limited IPO (Fresh + OFS) 05 October 2026 08 October 2026 61 Shreejikrupa Project Limited Anand Rathi Advisors Limited IPO (Fresh + OFS) 05 October 2026 05 October 2026 One View Corporate Advisors 62 Claroid Pharmaceuticals Limited IPO (Fresh + OFS) 06 October 2026 06 October 2026 Private LimitedGYR Capital Advisors Private 63 Vinir Engineering Limited IPO (Fresh Only) 07 October 2026 07 October 2026 Limited Marwadi Chandarana Grace Renewable Energy 64 Intermediaries Brokers Private IPO (Fresh + OFS) 07 October 2026 07 October 2026 Limited 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 Motilal Oswal Investment 2 Ratnadeep Retail Limited IPO (Fresh + OFS) 01 July 2026 16 October 2026 Advisors Ltd.
Pragyawan Technologies 3 Pantomath Capital Advisors Ltd. IPO (Fresh + OFS) 06 July 2026 04 September 2026 Limited Pristine Logistics & Infraprojects 4 Axis Capital Limited Pre-filing 06 July 2026 01 October 2026 Limited 5 MakeMyTrip India Limited Axis Capital Limited Pre-filing 24 July 2026 16 October 2026 6 Veritas Finance Limited ICICI Securities Limited IPO (Fresh + OFS) 30 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 05 October 2026 Limited 9 Advanced Sys-Tek Limited Inga Ventures Private Limited IPO (Fresh + OFS) 05 August 2026 07 October 2026 JM Financial Institutional 10 Assetz Limited Pre-filing 13 August 2026 16 October 2026 Securities Limited Tablespace Technologies 11 Axis Capital Limited IPO (Fresh + OFS) 18 August 2026 09 October 2026 Limited Systematix Corporate Services 12 Avtar Steel Limited IPO (Fresh + OFS) 20 August 2026 09 October 2026 Limited 13 MP Steel (India) Limited Monarch Networth Capital Ltd. IPO (Fresh + OFS) 24 August 2026 23 September 2026 14 Mahanadi Coalfields Ltd SBI Capital Markets Limited IPO (OFS Only) 03 September 2026 15 October 2026 Narnolia Financial Services 15 M K C AGRO FRESH LIMITED IPO (Fresh + OFS) 11 September 2026 09 October 2026 Limited Maharashtra Oil Extractions IDBI Capital Markets & 16 IPO (Fresh + OFS) 15 September 2026 09 October 2026 Limited Securities Limited Iberia Pharmaceuticals India Turnaround Corporate Advisors 17 IPO (Fresh Only) 16 September 2026 15 October 2026 Limited Private Limited InCred Capital Financial 18 Hi-Tech Flow Solutions Limited IPO (Fresh + OFS) 22 September 2026 14 October 2026 Services Limited Pantomath Capital Advisors 19 Iris Global Services Limited IPO (Fresh + OFS) 24 September 2026 16 October 2026 Private Limited 20 JSW One Platforms Ltd. JM Financial Ltd. IPO (Fresh + OFS) 25 September 2026 14 October 2026 Electromech Infraprojects 21 Arihant Capital Markets Ltd IPO (Fresh + OFS) 26 September 2026 16 October 2026 Limited ULTRAVIBRANT INTEGRATED Beeline Capital Advisors Private 22 IPO (Fresh + OFS) 29 September 2026 08 October 2026 ENERGY LIMITED Limited Motilal Oswal Investment 23 J B Ecotex Limited IPO (Fresh + OFS) 30 September 2026 09 October 2026 Advisors Limited 24 Moneytree Realty Services Ltd. Choice Capital Advisors Pvt. Ltd. Pre-filing 30 September 2026 16 October 2026 25 Assetgro Fintech Ltd. Axis Capital Ltd. Pre-filing 30 September 2026 16 October 2026 Marwadi Chandarana 26 S. G. Encon Limited Intermediaries Brokers Private IPO (Fresh + OFS) 30 September 2026 16 October 2026 Limited 27 Sunil Gold India Limited Choice Capital Advisors Pvt. Ltd. IPO (Fresh + OFS) 30 September 2026 16 October 2026 PMI Electro Mobility Solutions JM Financial Institutional 28 Pre-filing 30 September 2026 09 October 2026 Limited Securities Limited Gretex Corporate Services 29 Tenty Limited IPO (Fresh + OFS) 01 October 2026 16 October 2026 Limited 30 Royal Chain Limited JM Financial Limited IPO (Fresh + OFS) 01 October 2026 16 October 2026Mirae Asset Capital Markets 31 Kian-M Export Limited IPO (Fresh + OFS) 01 October 2026 09 October 2026 India Private Limited 32 SAI Infinium Limited Fedex Securities Limited IPO (Fresh + OFS) 01 October 2026 09 October 2026 Turnaround Corporate Advisors 33 PES Installations Limited IPO (Fresh + OFS) 03 October 2026 16 October 2026 Private Limited Pantomath Capital Advisors 34 Airiq 365 Limited Pre-filing 05 October 2026 16 October 2026 Private Limited Anarock Property Consultants 35 ICICI Securities Limited IPO (Fresh + OFS) 05 October 2026 16 October 2026 Limited Sanghvi Housing and Aryaman Financial Services 36 IPO (Fresh Only) 05 October 2026 16 October 2026 Infrastructure Limited Limited Vatsa Capital Venture Private 37 NNT Developers Limited IPO (Fresh Only) 05 October 2026 09 October 2026 Limited Aryaman Financial Services 38 Tanvi Exports India Limited IPO (Fresh + OFS) 05 October 2026 09 October 2026 Limited Mount Everest Breweries Beeline Capital Advisors Private 39 IPO (Fresh Only) 05 October 2026 16 October 2026 Limited Limited Valmiki Leela Capital Private 40 Deon Energy Limited IPO (Fresh + OFS) 05 October 2026 16 October 2026 Limited INTEGRUM ENERGY 41 Mefcom Capital Markets Limited IPO (Fresh + OFS) 07 October 2026 09 October 2026 INFRASTRUCTURE LIMITED III) 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 Sohan Lal Commodity Pantomath Capital Advisors Observations issued during 1 Pre-filing 31 March 2026 Management Limited Private Limited the Week on 13-10-2026 ESWARI GLOBAL METAL DAM CAPITAL ADVISORS Observations issued during 2 IPO (Fresh + OFS) 02 July 2026 INDUSTRIES LIMITED LIMITED the Week on 13-10-2026 Observations issued during 3 Cult.fit Limited Axis Capital Limited IPO (Fresh + OFS) 07 July 2026 the Week on 12-10-2026Observations issued during 4 Indian Gas Exchange Limited Axis Capital Limited IPO (OFS Only) 24 July 2026 the Week on 12-10-2026