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SEBI Approves IPOs Of Rite Water, Veeda Clinical, Others

  • SEBI has approved the IPOs of Rite Water Solutions (India) Ltd., Veeda Clinical Research, and other companies to raise funds through initial public offerings.
  • The companies that received regulatory approval include LCC Projects Ltd, Shringar House of Mangalsutra Ltd, and Seedworks International Ltd.
  • SEBI has also lifted the abeyance on WeWork India Management's IPO, with the Embassy Group-promoted firm planning an Offer for Sale of equity shares.
  • Rite Water Solutions aims to raise Rs 745 crore through its IPO, with a portion allocated for working capital requirements and general corporate purposes.

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