SEBI Grants IPO Approval to Zepto, Dhoot Transmission and Four Other Companies

The Securities and Exchange Board of India (SEBI) has cleared the initial public offering (IPO) proposals of six companies across sectors including quick commerce, industrial infrastructure, healthcare, hospitality and agrochemicals, as per The Economic Times report.

Among the firms receiving regulatory approval are Zepto and Dhoot Transmission, both of which had submitted their draft IPO papers through the confidential filing route earlier this year. The approvals mark another step forward in the ongoing primary market activity in India.

Six Companies Receive SEBI Approval for IPOs

According to the latest update from the capital markets regulator, six companies have received SEBI’s observations for their proposed IPOs.

The approved companies include quick commerce platform Zepto, automotive components manufacturer Dhoot Transmission, Horizon Industrial Parks, Surgiwear, Crystal Crop Protection and Hotel Polo Towers.

Under SEBI regulations, the receipt of observations from the regulator is considered a necessary step before a company can proceed with a public issue.

Zepto and Dhoot Transmission Used Confidential Filing Route

Zepto and Dhoot Transmission had filed their preliminary IPO documents using the confidential pre-filing mechanism. Zepto submitted its draft papers in December, while Dhoot Transmission filed in February.

The confidential filing route allows companies to initiate the IPO review process without immediately disclosing detailed business and financial information to the public. This mechanism has increasingly been used by companies seeking flexibility during the listing process.

IPO Filings Were Submitted Between October and February

The six companies had filed their draft IPO documents with SEBI over different periods between October and February. The regulator issued its observations during the period from 4 May to 8 May.

The approvals indicate that the companies may now move ahead with subsequent IPO-related procedures, subject to prevailing market conditions and internal timelines.

Diverse Sectors Represented in the IPO Pipeline

The latest group of approved IPO candidates represents a wide range of industries. Zepto operates in the quick commerce segment, while Dhoot Transmission is involved in the automotive components sector.

Other approved companies also represent different sectors, including industrial and warehousing infrastructure through Horizon Industrial Parks, medical products through Surgiwear, agrochemical manufacturing via Crystal Crop Protection, and hospitality through Hotel Polo Towers.

The varied sector participation reflects continued activity across India’s public market ecosystem.

Read More: Airtel Africa Defers Airtel Money IPO To H2 2026 Amid Volatility.

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Conclusion

SEBI’s approval for the IPO proposals of Zepto, Dhoot Transmission and four other companies highlights sustained momentum in India’s primary market segment. With companies from multiple industries progressing towards public listings, investors may continue to witness a diversified pipeline of IPO activity in the coming months.

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