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SEBI greenlights three IPOs Neolite ZKW Aspri Spirits and SS Retail set to raise Rs 1240 crore
Economy
Published on 15 May 2026
One IPO bundles greenfield manufacturing and big buyouts
SEBI has approved IPO plans for Neolite ZKW Lightings, Aspri Spirits and SS Retail, clearing the way for the trio to tap India’s primary market. Neolite ZKW Lightings will raise Rs 600 crore via a Rs 400 crore fresh issue and Rs 200 crore OFS, funding a greenfield facility in Kancheepuram, expansion and debt repayment. Aspri Spirits seeks up to Rs 140 crore through a fresh issue plus OFS. SS Retail plans a Rs 500 crore IPO with Rs 300 crore fresh shares and up to Rs 200 crore OFS.
- SEBI approved IPOs for Neolite ZKW Lightings Aspri Spirits and SS Retail
- Neolite ZKW Lightings targets Rs 600 crore total with fresh Rs 400 crore
- That IPO includes Rs 200 crore OFS by existing shareholders
- Aspri Spirits plans up to Rs 140 crore with fresh issue plus up to 50 lakh shares OFS
- SS Retail aims to raise Rs 500 crore via Rs 300 crore fresh shares and up to Rs 200 crore OFS
- Neolite will use fresh proceeds for a greenfield unit in Kancheepuram and debt repayment
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times