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SEBI observations issuedMust open by 23 Jan 2027
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Hella Infra Market IPO

Hella Infra Market Ltd. has filed a draft red herring prospectus (DRHP) with SEBI for a mainboard IPO, through the confidential pre-filing route. SEBI issued its observations on 23 January 2026, so the company can open the IPO any time up to 23 January 2027. The price band, lot size and IPO dates are not announced yet.

Status
SEBI observations issued23 Jan 2026
SEBI received draft
14 Oct 2025
Type of issue
Pre-filing
Lead manager
Kotak Mahindra Capital Company Limited
Must open by
23 Jan 202712 months from observations
Price band and dates
Not announced
SEBI processing status and filingsOur calculation: last date to open
Pipeline page. The company has not filed its red herring prospectus yet, so there is no price band, lot size or review. When it does, this page becomes a full IPO page at the same address.

By IPO24by7 Research · Updated · Source: SEBI

Where it stands

Hella Infra Market IPO: where it stands

SEBI processing status, 30 Oct 2026
  1. Draft filed with SEBI14 Oct 2025
  2. SEBI reviewDone
  3. SEBI observations23 Jan 2026
  4. RHP and price bandNot yet
  5. Bidding and listingNot yet

SEBI has issued its final observations, which in practice is the go-ahead. The company can now file a red herring prospectus and open the IPO within 12 months.

The company used SEBI's confidential pre-filing route. Under it, the draft is not made public until the company files an updated draft (UDRHP-I) after SEBI's observations.

Documents

Hella Infra Market DRHP and documents

SEBI filings

Pre-filed drafts are confidential, so SEBI has not published this one. See SEBI's list of draft offer documents.

The DRHP has the issue size, use of the money, financials, promoters and risk factors. It can change before the final red herring prospectus.

Questions

Hella Infra Market IPO FAQs

When will the Hella Infra Market IPO open?

The date is not announced. SEBI issued observations on 23 January 2026, and SEBI rules require the IPO to open within 12 months of that date, so by 23 January 2027 (our calculation). The company announces the dates in its red herring prospectus and price band notice.

Has SEBI approved the Hella Infra Market IPO?

Yes. SEBI issued its final observations on 23 January 2026 (SEBI processing status archive, April 2025 to March 2026). SEBI does not "approve" an IPO as such; its observations let the company go ahead.

What is the Hella Infra Market IPO price band and lot size?

Not announced. The price band is published at least two working days before the IPO opens, and the lot size is set with it. We add both here the day they are filed.

What is the Hella Infra Market IPO GMP?

We do not publish a GMP. Grey market premium is unofficial: it is not regulated by SEBI and not published by any exchange. Before the price band is announced there is no issue price to compare it with.

Who is the lead manager of the Hella Infra Market IPO?

Kotak Mahindra Capital Company Limited is the coordinating book running lead manager named in SEBI's processing status report. The DRHP lists all the lead managers and the registrar.

Sources: SEBI processing status of draft offer documents as on 30 October 2026, SEBI's yearly processing status archive and SEBI's list of draft offer documents. Day counts and the last date to open are our calculations. This page is information only, not a recommendation.