SEBI clears Varmora Granito IPO; Ahmedabad tiles maker gets 12-month launch window
Ahmedabad-based tiles and bathware maker Varmora Granito received SEBI nod for its IPO, alongside Knack Packaging, Shivalaya Construction and Behari Lal Engineering. The four issuers now have a one-year window to hit markets. Infifresh Foods withdrew its confidential draft papers.
SEBI cleared IPOs of Varmora Granito (Ahmedabad tiles and bathware maker), Knack Packaging, Shivalaya Construction and Behari Lal Engineering, giving them a one-year launch window. Infifresh Foods withdrew its confidential draft papers.
Why this matters
Varmora's SEBI nod moves the tiles maker into the IPO-ready cohort, joining a wave of Gujarat-based building materials and consumer issuers tapping public markets amid steady listing activity.
Retail-company signals steady at 3,668 over the last 90 days, indicating consistent corporate action flow.
Also reported by
- Moneycontrol — Same time
- Moneycontrol — Same time