SEBI gives nod to IPOs of 5 firms
14 Feb 2026

The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of five companies.

The firms are Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission, and Duroflex.

The approval was given between February 10-13, 2026. A final observation from SEBI acts as an approval for the launch of a public issue.

Premier Industrial Corporation's IPO
IPO specifics

Premier Industrial Corporation, a leading manufacturer in the welding consumables industry, plans to raise funds through an IPO.

The offer includes a fresh issue of 2.25 crore equity shares and an offer for sale (OFS) of up to 54 lakh shares.

The company intends to use the net proceeds for capital expenditure toward setting up a new wire manufacturing facility in Maharashtra and expanding its existing one at Palghar.

Duroflex and Virupaksha Organics's IPOs
Fund utilization

Duroflex, a leading mattress brand in India, is looking to raise funds through an IPO.

The offer includes a fresh issue of equity shares worth ₹183.6 crore and an OFS of up to 2.25 crore equity shares by promoters and existing investors.

On the other hand, Virupaksha Organics plans to raise ₹740 crore through its IPO for capital expenditure, prepayment of certain borrowings, and general corporate purposes.

Hexagon Nutrition and Om Power Transmission's public issues
Offer breakdown

Hexagon Nutrition, a Mumbai-based company, will raise funds through its IPO. The offer includes a fresh issue of around ₹100 crore and an OFS of over three crore equity shares.

Meanwhile, Om Power Transmission's IPO comprises one crore equity shares including a fresh issue of 90 lakh shares and an OFS of 10 lakh shares.