Upcoming IPO: SEBI Clears IPO Plans Fab Hotels, Tea Post and Learnfluence Education

Travelstack Tech, Tea Post, and Learnfluence Education have received the go-ahead from the Securities and Exchange Board of India (SEBI) to move forward with their initial public offering (IPO) plans after the regulator issued observations on their draft offer documents.

According to the processing status of draft documents released on March 16, SEBI issued observations on Tea Post’s draft papers on March 10, while Travelstack Tech and Learnfluence Education received the regulator’s nod on March 11. Meanwhile, Rays Power Infra, Arjun Jewellers, and Madhur Iron & Steel India have withdrawn their IPO filings in the past week.

Issuance of SEBI observations indicates that the companies can proceed with their IPO plans by filing a Red Herring Prospectus (RHP) with the Registrar of Companies within a year.

Travelstack Tech IPO 

Travelstack Tech, backed by global investors such as Accel, Goldman Sachs, Panthera, and Qualcomm, had filed its Draft Red Herring Prospectus (DRHP) with SEBI in December 2025 to raise funds through an IPO.

The company operates the corporate travel platform TravelPlus. Its parent entity, which also runs the FabHotels and Via brands, plans to raise ₹250 crore through a fresh issue of shares. In addition, promoters and investors intend to sell up to 2.68 crore equity shares through an offer-for-sale (OFS).

Also Read: CMPDIL IPO Moves Ahead as Coal India Files RHP With SEBI for Offer for Sale

Tea Post IPO

Gujarat-based tea café chain Tea Post filed its draft papers with SEBI in June 2025 to raise capital for expansion and facilitate a partial exit for investor IndiaNivesh Venture Capital Fund. The proposed IPO of 2.85 crore shares will comprise both a fresh issue and an offer-for-sale, with 1.425 crore equity shares each under the two components.

Learnfluence Education IPO

Learnfluence Education, the parent company of Lakshya LMS, filed preliminary IPO papers with SEBI in September 2025. The Kerala-based company operates a network of digitally enabled coaching centres focused on commerce and finance education. It plans to raise ₹246 crore through a fresh issue of shares to support expansion and reduce debt, while promoter Orwel Lionel will offload up to 40 lakh shares through an OFS.

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 or 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 related documents carefully before investing.