Upcoming IPOs, Jan. 23 -- Sai Parenteral Limited and Hella Infra Market received the final nod from the capital markets regulator, the Securities and Exchange Board of India (Sebi), for their initial public offerings (IPOs).

Telangana-based Sai Parenteral filed its draft papers with Sebi on 30 September 2025. The IPO includes a fresh issue of around Rs.285 crore and an offer-for-sale up to 35,00,000 shares, which are being sold by investors such as Vikasa India EIF I Fund, Tilokchand Punamchand Ostwal, Devendra Chawla, Bhanwar Lal Chandak, Sreelekha Ganta, Padma Guntupalli, Vijay Gondi, Ideas and Journeys Private Limited, Bhautik Mukund Shah and Nilesh Pravinchandra Doshi, the company said.

Meanwhile, Hella Infra Market filed draft pape...