Sebi clears IPOs of Veritas Finance, Ajay Poly and three others in fresh primary market push

Sebi approved IPOs of Veritas Finance, Ajay Poly, Laxmi India Finance, Jajoo Rashmi Refractories, and Regaal Resources.

Veritas Finance plans to raise Rs 2,800 crore; fresh funds to boost MSME lending.

Jajoo Rashmi Refractories, Regaal Resources to use proceeds for debt repayment and manufacturing expansion.

Ajay Poly and Laxmi India Finance to invest in equipment, machinery, and capital base growth.