Sathya Agencies, Kanohar Electricals, Torrent Gas Secure SEBI's Nod to Float IPOs

Deal Summary

Consumer electronics retailer Sathya Agencies, transformer maker Kanohar Electricals and city‑gas distributor Torrent Gas have received SEBI approval to proceed with initial public offerings. Sathya Agencies plans to raise ₹600 crore, split equally between a fresh issue and an offer‑for‑sale, while Kanohar Electricals aims for a ₹300 crore fresh issue and an OFS of 1.45 crore shares. Torrent Gas filed its IPO confidentially, with the amount undisclosed.