SEBI clears six IPOs, one withdrawn

SEBI has cleared six initial public offerings including those of Vishvaraj Environment, Prasol Chemicals, SAEL Industries, NoPaperForms Solutions, Symbiotec Pharmalab and Shah Investor’s Home, while Jindal Supreme (India) withdrew its proposed IPO. Vishvaraj Environment, a leading developer of water utility and wastewater management projects, plans to raise ₹2,250 crore through the proposed IPO. The company’s initial public offering comprises a fresh equity issuance of ₹1,250 crore and an offer...