CALCULATE YOUR SIP RETURNS

SEBI Approves 6 Companies for IPO, Including Kissht and Alcobrew Distilleries

Written by: Neha DubeyUpdated on: 16 Jan 2026, 6:25 pm IST
SEBI has cleared 6 companies, including Kissht and Alcobrew Distilleries, to raise funds via IPOs, with issue sizes and objectives varying by firm.
SEBI Approves 6 Companies for IPO
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The Securities and Exchange Board of India (SEBI) has granted approval to six companies to enter the capital markets through initial public offerings (IPOs). 

The approved companies span sectors such as digital lending, beverages, textiles, precision engineering and synthetic fabrics. 

These upcoming IPOs include both fresh issues and offers for sale, with proceeds earmarked for expansion, acquisitions, debt repayment and corporate purposes.

1. Executive Centre India

Executive Centre India plans to raise approximately ₹2,600 crore via a fresh equity issue with a face value of ₹2 per share. 

The company intends to use the proceeds primarily to invest in its subsidiary TEC Abu Dhabi and partly finance acquisitions of TEC SGP and TEC Dubai, which are step-down subsidiaries under TEC Singapore. 

In FY25, total income rose to ₹1,346.40 crore, up 27.58% from the previous year, with revenue from operations reaching ₹1,322.64 crore and EBITDA increasing to ₹713.33 crore.

2. OnEMI Technology Solutions (Kissht)

Kissht, operated by OnEMI Technology Solutions, is planning an IPO that includes a fresh issue of shares worth up to ₹1,000 crore and an offer for sale of nearly 88.8 lakh shares by existing investors. 

A pre-IPO placement of up to ₹200 crore may also take place, reducing the size of the fresh issue. 

Founded in 2016, Kissht provides digital loans through a mobile platform for consumption and business purposes, aiming to offer personalised and accessible lending solutions.

3. Alcobrew Distilleries

Alcobrew Distilleries will raise up to ₹258.26 crore through a fresh equity issue, accompanied by an offer for sale of 1.8 crore shares by a promoter. 

The proceeds from the fresh issue will support business expansion, working capital needs and general corporate purposes.

The company manufactures and markets alcoholic beverages such as whisky, vodka and rum under brands like Golfer’s Shot, White & Blue, White Hills and One More, catering to multiple segments in India.

4. Aastha Spintex

Aastha Spintex is preparing an entirely fresh issue of up to ₹160 crore through the book-building route. The funds will primarily be used to acquire Falcon Yarns and for general corporate requirements. 

The company produces carded, combed and compact combed cotton yarn and cotton bales for both captive use and supply to other spinning units. 

Its products are used across knitting, weaving, denim, home textiles and industrial applications.

5. Indo MIM

Indo MIM has received approval for an IPO consisting of a fresh issue of ₹1,000 crore and an offer for sale of approximately 12.97 crore shares by existing shareholders.

Around ₹720 crore from the fresh issue will be used to repay debt, with the remainder for general corporate purposes. 

The company specialises in manufacturing precision components using metal injection moulding technology and provides end-to-end solutions from design to assembly.

6. Kusumgar

Kusumgar’s IPO will raise ₹650 crore entirely through an offer for sale by promoters. With no fresh issue, the company will not receive proceeds from the listing.

Kusumgar manufactures woven, coated and laminated synthetic fabrics used in aerospace, defence, industrial, automotive, outdoor and lifestyle sectors.

Key details such as IPO dates, price band and lot size are yet to be announced.

Read More: NSE IPO: SEBI Gives In-Principle Approval to Exchange to Float IPO.

Conclusion

SEBI’s approval of these six IPOs reflects a diverse range of sectors entering the capital markets, from digital lending and beverages to textiles and precision engineering. While each company has distinct objectives for raising funds, investors can expect a mix of fresh issues and offers for sale. Monitoring IPO timelines, pricing and subscription details will be essential for evaluating investment opportunities.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 16, 2026, 12:54 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers