Sebi has returned the IPO draft documents of four firms, including Vishal Mega Mart, Avanse Financial Services, Sai Life Sciences, and BMW Ventures, for non-compliance with Regulation 7(1)(a) of Sebi ICDR Regulations, 2018 as of July 24, 2024. Vishal Mega Mart submitted its draft on July 12, while Avanse aimed to raise Rs 3,500 crore. Sai Life Sciences planned an Rs 800 crore issue. BMW Ventures filed on July 1.
Sebi Returns IPO Drafts of Vishal Mega Mart, Sai Life Sciences, BMW Ventures
