New Delhi, Nov. 24 -- India's capital markets regulator, SEBI, has approved Amagi Media Labs, Sahajanand Medical Technologies, and Fractal Analytics, clearing the way for these companies to raise funds through public offerings, which is expected to further expand the size of the Indian stock market.

SEBI issued observations on the draft documents of Fractal Analytics and Amagi Media Labs on November 18, and on Sahajanand Medical Technologies on November 17.

Following this initial step of receiving SEBI approval, the companies will release their RHPs, which contain full details about the issue size, issue price, lot details, reservation quota, allotment date, and listing date. The SEBI approval is valid for 12 months.

About company: Ama...