BlueStone Jewellery and Lifestyle Ltd and Aye Finance Ltd have received SEBI's nod for IPOs.
BlueStone is planning to raise up to Rs 1,000 crore through a fresh issue of equity shares.
Aye Finance is targeting Rs 1,450 crore in its public debut with a fresh issue and an offer for sale.
BlueStone is a prominent player in India's digitally enabled jewellery retail space, while Aye Finance provides business loans to micro and small enterprises.