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SEBI approved IPOs for three Indian firms to raise over ₹1,700 crore, with no existing shares sold.
SEBI has approved IPOs for Dhariwal Buildtech, ESDS Software Solution, and BLS Polymers, enabling them to raise over ₹1,700 crore through fresh issues with no shares sold by existing shareholders.
Dhariwal Buildtech plans to raise ₹950 crore for debt repayment, equipment, and operations.
ESDS Software Solution aims to raise ₹600 crore, primarily for cloud infrastructure upgrades, after a prior 2021 filing.
BLS Polymers will raise ₹135 crore to expand production and support working capital.
All three companies are advancing toward listings on India’s major exchanges.
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SEBI aprobó IPOs para tres empresas indias para recaudar más de ₹1,700 crore, sin que se vendieran acciones existentes.