Upcoming IPOs: Integris Medtech, Appl Containers Among Four Firms Get SEBI Nod To Float Public Issue

Four Companies Secure SEBI Approval for Initial Public Offerings

As many as four companies, including medical technology platform Integris Medtech and Appl Containers, have secured permission from SEBI to mobilize funds through initial public offerings.

Companies Receiving SEBI Approval

• Integris Medtech: A medical technology platform backed by PE firm Everstone Capital.
• Appl Containers: A company engaged in container manufacturing.
• Alpine Texworld Ltd: An integrated textile manufacturer with capabilities in weaving and spinning.
• Anjali Labtech: A company that filed its preliminary papers to the capital markets regulator SEBI via the confidential route in October 2025.

Key Details of Integris Medtech's IPO

Integris Medtech's IPO comprises a fresh issue of equity shares worth Rs 925 crore and an offer for sale of 2.16 crore equity shares by promoters.

• Issue Size: The issue size is between Rs 3,500 crore and Rs 4,000 crore.
• Valuation: The company, which manufactures and distributes cardiac stents, is eyeing a valuation of Rs 11,000-13,000 crore.
• Proceeds: Proceeds of the fresh issue will primarily be used for payment of debt and general corporate purposes.

Appl Containers' Proposed IPO

Appl Containers' proposed IPO is a mix of fresh issue of up to 12.5 lakh equity shares and an offer for sale of up to 25.6 lakh shares by promoters.

• Utilization of Proceeds: The company proposes to utilize the net proceeds from the fresh issue to fund its incremental working capital requirements, pre-payment or re-payment of debt and general corporate purposes.

Alpine Texworld's Proposed IPO

Gujarat-based Alpine Texworld's proposed IPO is entirely a fresh issue of up to 1.5 crore equity shares with no offer for sale component.

• Utilization of Proceeds: Proceeds from the fresh issue will be utilized by the company to set up a new weaving unit at its proposed manufacturing unit to expand its production capabilities to produce grey fabric at Ahmedabad, repayment of debt and general corporate purposes.

Listing of Shares

The shares of these companies are proposed to be listed on the BSE and NSE.