Two companies file IPO papers with Sebi

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 of...

By ET Bureau | Apr 01, 2026, 05.31 AM IST

Vadodara-based non-ferrous metal products manufacturer Gujarat Victory Forgings has also filed draft papers with Sebi for an IPO which will comprise a fresh issue of 65 lakh shares and an OFS of 1.32 crore shares.

MUMBAI: Two Gujarat-based firms have filed draft red herring prospectuses (DRHP) with Sebi for their IPOs. Surat-based, solar module manufacturer Cosmic PV Power has filed draft papers with Sebi to raise ₹640 crore through an IPO, comprising a ₹540 crore fresh issue and a ₹100 crore OFS. Vadodara-based non-ferrous metal products manufacturer Gujarat Victory Forgings has also filed draft papers with Sebi for an IPO which will comprise a fresh issue of 65 lakh shares and an OFS of 1.32 crore shares.

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