India's markets regulator, the Securities and Exchange Board of India (SEBI), has granted approval to initial public offerings (IPOs) from three companies — Cosmic PV Power, Monomark Engineering, and RKB Global — alongside the National Stock Exchange's major public offer.

The approvals come as India's IPO market shows a significant revival in the second half of 2026. SEBI approval of draft papers is a required regulatory step before any company can open its offer to the public, so the clearances move all four offers closer to launch in the primary market.

Cosmic PV Power operates in the solar photovoltaic segment, an area that has drawn steady investor attention as India pursues large-scale renewable energy capacity expansion. Monomark Engineering and RKB Global are smaller companies whose offers add to the pipeline of small- and mid-cap listings that typically account for the bulk of India's IPO volumes.

The National Stock Exchange's clearance follows SEBI's approval of its Rs 30,000-crore public offer (Economic Times). The NSE, India's largest bourse by trading volumes, first filed for an IPO years ago, and regulatory sign-off has been one of the key milestones watchers have tracked.

The next step for each company is to announce offer details such as price bands, lot sizes, and opening dates.

Source: Economic Times Markets