SEBI Approves the draft papers of 5 Mainboard IPOs

Entering the second week of February, the Securities & Exchange Board of India (SEBI) has approved 5 new Initial Public Offerings (IPOs). On 13th February, SEBI approved the draft papers of Duroflex and four other 4 notable companies, giving them the green signal to proceed with their launches. These 5 IPOs operate across different industries such as industrial manufacturing, pharmaceuticals, nutraceuticals, infrastructure, and consumer goods. Let’s get in-depth information on each IPO.
SEBI IPO Approval

Duroflex IPO

One of the leading brands in sleep and comfort solutions, Duroflex, received the SEBI’s approval on Feb 12, 2026, to finally float its IPO. As per the DRHP, the firm is planning to raise a fund of ₹183 crore from a fresh issue and a fund of 2.25 crore Equity shares from an OFS component. 

Duroflex is one of the most awaited IPO, operating in the consumer goods sector for over 50 years. The company manufactures a wide range of sleep and comfort products in India, including foam, mattresses, sofas, recliners, beds, pillows, accessories, and other furnishings. 

Premier Industrial IPO

Since its incorporation in 1978, Premier Industrial has been involved in the manufacturing and selling of electrical and industrial products. The firm received the SEBI’s nod on Feb 10, 2026, to launch its IPO. 

According to the draft papers, the IPO will consist of a fresh issue of 2.25 crore and an OFS of 0.54 crore equity shares. The equity shares of the IPO are proposed to be listed on NSE and BSE. The proceeds raised from the fresh issue will be utilized towards the expansion at the Wada unit and for working capital requirements. 

Virupaksha Organics IPO

Virupaksha Organics, one of the growing Indian pharmaceutical companies, also obtained the SEBI’s approval to float its IPO. This IPO comprises solely a fresh issue of ₹740 crore with no OFS component. Meaning, the funds raised from the fresh issue will be used towards the company’s growth and expansion. 

Virupaksha Organics is a research-based pharmaceutical company that develops active pharmaceutical ingredients (APIs) and intermediates. 

Hexagon Nutrition IPO

Hexagon Nutrition had submitted its draft papers on October 8, 2025, and secured the SEBI’s nod on February 10, 2026. As per the draft prospectus, this IPO is a fully offer-for-sale of up to 3.09 crore Equity shares. This means the promoters will sell their stake in the company and the firm will not receive any funds from the IPO.

Hexagon Nutrition makes health drinks and clinical nutrition food for kids. Other than that, the firm is also involved in supplying nutritional premixes to big companies like Amul and Dabur. 

Om Power Transmission IPO

One of the power transmission infrastructure companies, Om Power Transmission, is planning to launch its IPO soon after securing SEBI’s nod of approval. The firm is looking to raise 90 lakh shares via a fresh issue and 10 lakh shares from an OFS component. 

The equity shares of the IPO are proposed to be listed on NSE and BSE. The firm is planning to use the amount of fresh issue towards the purchase of machinery & equipment and working capital requirements. Financially, in FY25, the company generated revenue of ₹ 281.65 crore from operations. 

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Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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