New Delhi, 31 January (H.S.): Capital market regulator Securities and Exchange Board of India (SEBI) accorded final approval on Friday to four enterprises—Parijat Industries India Ltd, CSM Technologies Ltd, Eldico Infrastructure & Properties Ltd, and Rotomag Enerek Ltd—for Initial Public Offerings (IPOs), consequent to draft filings between September-October 2025 and observations issued January 28-30.

Parijat Industries India Ltd (New Delhi-based agrochemicals): Filed September 25, 2025; ₹160 crore fresh issue (₹5 face value) plus 2.04 crore OFS shares; proceeds (₹121.6 crore) earmarked for debt repayment/prepayment (principal, interest) and general corporate purposes.

CSM Technologies Ltd (Bhubaneswar): Filed September 25, 2025; up to 1.29 crore equity shares fresh issue (₹10 face value) with employee reservation discount; net proceeds fund working capital (₹53 crore), debt repayment (₹25.88 crore), inorganic growth, corporate objectives.

Eldico Infrastructure & Properties Ltd (Haryana realty developer): Filed September 30, 2025; ₹800 crore fresh issue + up to ₹200 crore OFS (₹5 face value) by promoters Pankaj Bajaj (₹102 crore), Bandana Kohli (₹98 crore); potential ₹160 crore pre-IPO placement reducing fresh issue size; ₹600 crore towards subsidiary Eldico Infacon debt repayment, balance corporate purposes.

Rotomag Enerek Ltd (Gujarat industrial drives/renewables): Filed September 26, 2025; ₹500 crore fresh issue + up to 24.04 million OFS shares (₹1 face value) by promoters Umesh Balani family, Banyan Tree Growth Capital II, Puja/Siddharth Patel; proceeds redeem NCDs (₹100 crore), working capital (₹270 crore), corporate purposes.

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Hindusthan Samachar / Jun Sarkar