Several companies have recently entered the IPO pipeline by filing Draft Red Herring Prospectuses with the market regulator. The latest filings include Alde Medi Impex Ltd., R.D. Engineers (India) Ltd. and Maharaja Polyfab Ltd.
The companies operate in different segments, including pharmaceuticals, engineering and packaging. Filing a DRHP is an initial step in the public-issue process; the final issue size, timetable, price band and listing details will depend on regulatory review and subsequent approvals.
