Sebi Clears Razorpay, MMT, Sembcorp IPOs Mumbai: Razorpay Software, MakeMyTrip India and
Sebi approved IPOs for Razorpay, MakeMyTrip, and Sembcorp Green Infra. Sembcorp aims to raise 3,750 crore. Crystal Crop Protection set IPO price band at 259-272 per share. YES Bank seeks Supreme Court review on AT1 bonds write-down.
How this was made

The 30-second read
Why it matters
The approvals open new investment opportunities in India, while YES Bank's legal fight may create short‑term volatility.
Market read
First‑report IPO clearances in India and a high‑profile bank legal case provide fresh, actionable information for regional investors.
What to watch
Regulatory timeline and subscription demand could affect final pricing.
Background
Sebi cleared three companies for IPOs and YES Bank filed a Supreme Court review on AT1 bond write‑down.
Market effects
IPO approvals may boost Indian fintech and renewable energy sectors.
Positive sentiment for Indian capital markets.
Limited, primarily regional.
Counterpoint
Investors may wait for pricing details before committing to the IPOs.
Key entities
- companyRazorpay Software
Indian fintech cleared for IPO.
- companyMakeMyTrip India
Travel platform cleared for IPO.
- companySembcorp Green Infra
Renewable energy firm cleared for IPO.
- companyYES Bank
Indian bank seeking Supreme Court review of AT1 bond ruling.




