Two companies file IPO papers with Sebi

April 1, 2026

Two Gujarat-based companies have submitted draft IPO papers to Sebi. Surat’s Cosmic PV Power plans to raise ₹640 crore through a fresh issue and OFS. Vadodara’s Gujarat Victory Forgings has also filed for an IPO, comprising a fresh issue and an offer for sale.

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Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore

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NTPC Q2 Results: Net profit rises 14% YoY to Rs 5,320 crore; revenue up 17%

NTPC has showcased a strong performance in the second quarter of FY27, with a significant 14% increase in standalone net profit year-on-year. The operational revenue

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