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Two companies — Quess Corp and Advanced Enzyme Technologies — have received securities regulator SEBI’s approval to float initial public offerings.
Staffing services provider Quess Corp received clearance from the regulator on April 26, according to the latest update. According to the draft papers, the company plans to mop up ₹400 crore through its IPO.
Advanced Enzyme Technologies, which filed its draft papers in January, obtained clearance from the regulator on April 29.
The company’s IPO comprises fresh issue of shares aggregating to ₹60 crore and an OFS of up to 44.73 lakh shares. Advanced Enzyme is engaged in the R&D, manufacturing and marketing of proprietary enzyme products.
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