SEBI issued observation letters to SEDEMAC and InCred Holdings on February 6 and February 5, respectively
While InCred filed draft IPO papers confidentially, SEDEMAC filed for an OFS-only IPO
Both the companies filed their IPO papers in November
Markets regulator SEBI has greenlit the initial public offerings (IPOs) of new-age tech companies SEDEMAC and InCred. In its weekly update, the markets regulator said it issued observation letters to the fintech company yesterday and the deeptech company today.
In SEBI’s…

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