The market regulator SEBI has cleared the way for two companies—Kotak Healthcare and Deepa Jewellers—to launch their Initial Public Offerings (IPOs).
This approval comes after both firms received SEBI’s final comments on 18 May 2026, which is considered a green signal for listing.
The approval has created interest among investors who follow upcoming IPOs as a way to look for new investment opportunities in the market.
SEBI Green Signal and Filing Timeline
Kotak Healthcare submitted its draft papers (DRHP) in September 2025, while Deepa Jewellers filed its documents in December 2025.
After reviewing both proposals, SEBI issued its observations in May 2026, allowing them to move ahead with their IPO plans.
This marks an important step for both companies as they prepare to raise funds from the public market.
Kotak Healthcare IPO Details and Business Plan
Kotak Healthcare’s IPO will include a fresh issue of shares worth up to ₹295 crore along with an offer for sale of up to 60 lakh shares.
The company plans to use ₹226.25 crore from the fresh issue to expand its operations. This includes setting up new projects, increasing production capacity, and developing new products. The remaining funds will be used for general corporate needs.
Kotak Healthcare works as a contract development and manufacturing company (CDMO). It supplies medicines to pharmaceutical companies across different healthcare segments.
The company produces a wide range of formulations, including tablets, capsules, injectables, syrups, ointments, and infusions.
Its products cover areas such as antibiotics, cardiovascular drugs, dermatology, endocrinology, nutrition, and women’s healthcare.
Deepa Jewellers IPO Details and Business Model
Deepa Jewellers will also launch an IPO that includes a fresh issue of ₹250 crore and an offer for sale of 1,18,48,340 shares. These shares will be sold by promoters Ashok Agarwal and Seema Agarwal.
Founded in 2016, the company operates as a wholesale processor and supplier of hallmarked gold jewellery. It mainly serves jewellery retailers rather than direct customers.
Deepa Jewellers has a strong presence across southern India, including Telangana, Karnataka, Andhra Pradesh, Tamil Nadu, and Kerala.
The company focuses on 22-carat gold jewellery and works through an outsourced manufacturing model supported by around 40 skilled artisans.
Its product range includes traditional South Indian jewellery such as bangles, bracelets, earrings, rings, vankis, maangtikas, and other ornaments.
As of November 2025, the company had a customer base of 315 clients spread across 13 states and one union territory, including retail jewellery chains and standalone stores.
