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.