WeWork India and Studds Accessories have received SEBI's approval to launch their respective IPOs.
WeWork India's IPO, backed by the Embassy Group, will consist of an Offer for Sale (OFS) of up to 4.37 crore equity shares, with the proceeds going to existing stakeholders.
Studds Accessories' IPO will also be an OFS, with the promoter group and other shareholders selling 77.9 lakh shares from the two-wheeler helmets and accessories company.
Both companies' IPOs will be listed on the BSE and NSE, with the funds raised through the public offerings going to the selling shareholders.