The market regulator SEBI has cleared the way for two new public offerings, giving approval to Kotak Healthcare and Deepa Jewellers to launch their IPOs.
Both companies had filed their draft papers earlier and have now received final comments from SEBI, which is considered a key step before launching an IPO in the stock market.
Here is a simple breakdown of both IPOs and what investors should know.
SEBI Gives Green Light to Two New IPOs
According to the Securities and Exchange Board of India (SEBI), Kotak Healthcare and Deepa Jewellers received approval comments on 18 May 2026.
This means both companies are now eligible to move ahead with their initial public offerings.
Kotak Healthcare had filed its draft papers in September 2025, while Deepa Jewellers submitted its documents in December 2025.
These approvals are important because they allow the companies to raise money from the public through stock market listings.
Kotak Healthcare IPO Plan and Business Details
Kotak Healthcare’s IPO includes a fresh issue of shares worth up to ₹295 crore along with an offer for sale of up to 60 lakh shares.
The company plans to use most of the funds, around ₹226.25 crore, for expansion. This includes setting up new projects, increasing production capacity, and developing new products. The remaining funds will be used for general business needs.
Kotak Healthcare works as a contract development and manufacturing company for the pharmaceutical sector. It produces medicines in multiple forms such as tablets, capsules, injectables, syrups, ointments, and infusions.
Its products cover several healthcare areas including antibiotics, heart medicines, dermatology, nutrition supplements, endocrinology, and women’s healthcare.
Deepa Jewellers IPO Structure and Business Model
Deepa Jewellers’ IPO consists of a fresh issue of ₹250 crore along with an offer for sale of 1.18 crore shares by its promoters.
The company was established in 2016 and works mainly as a wholesaler and processor of hallmarked gold jewellery. It operates across several southern states including Telangana, Karnataka, Andhra Pradesh, Tamil Nadu, and Kerala.
The company focuses on 22-carat gold jewellery and follows an outsourced manufacturing model supported by around 40 artisans.
Its product range includes traditional South Indian jewellery such as bangles, bracelets, rings, earrings, maangtikas, and other ornaments. It also undertakes job-work where customers provide raw materials and the company completes manufacturing.
Deepa Jewellers also deals in silver jewellery, gold bullion, and precious stones. As of November 2025, it had a customer base of 315 clients across multiple states and one union territory.
What This Means for Investors
With SEBI approval in place, both IPOs are now moving closer to launch. Investors will soon get a chance to review their price bands, subscription dates, and detailed offer documents before deciding to invest.
These IPOs represent opportunities in both the healthcare manufacturing and jewellery wholesale sectors, which are showing steady growth in the Indian market.
