Fractal, Amagi Get SEBI Nod For Their IPOs

Fractal Analytics and Amagi Media Labs have received SEBI’s approval to proceed with their public issues. Both companies were issued observation letters on November 18, allowing them to move ahead with their public offerings

Fractal Analytics, one of India’s largest AI and decision-intelligence companies, filed its DRHP in August. Its IPO will comprise a fresh issue of up to INR 1,279.3 Cr and an offer-for-sale component of up to INR 3,620.7 Cr

Meanwhile, Amagi filed its draft…