Mitul Shah & Associates

Five companies get Sebi approval for IPOs

SEBI has given the green light to five companies—Epack Prefab Technologies, SSF Plastics India, Gujarat Kidney, Anand Rathi Share And Stock Brokers, and Prestige Hospitality Ventures—to launch their IPOs. These companies plan to raise capital through a combination of fresh issues and offers for sale.

PSBs told to setup one portal for startup lending

The government has directed public sector banks to create a unified digital portal to streamline startup loan applications, sanctions, and information-sharing. Expected by October, the proposed startup hub portal will feature a single application form accessible to all PSBs.