Mumbai, May 09: Crystal Crop Protection, G. Surgiwear and Hotel Polo Towers get final Sebi nod for their IPO.
Crystal Crop Protection Limited
New Delhi-based Crystal Crop Protection has received final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
The Company had filed its IPO papers with Sebi on December 17, 2025.
The IPO is a fresh issue up to Rs 600 crore and an offer for sale of up to 7, 405, 387 shares by promoter – by promoters – Nand Kishore Aggarwal, Ankur Aggarwal and Komal Aggarwal.
Others selling are investor shareholders, International Finance Corporation and IFC Emerging Asia Fund, LP.
Incorporated in 1994, the company is a crop solutions company with agrochemicals and seeds at the core of its offerings. Its diversified portfolio includes products for crop protection such as herbicides, fungicides, insecticides and natural crop solutions such as bio-stimulants, bio-protectants, plant growth regulators, liquid fertilizers and micronutrients; and seeds such as for field crops, vegetable crops and flowers.
G. Surgiwear Limited
Uttar Pradesh-based G. Surgiwear has received final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
The Company had filed its IPO papers with Sebi on December 30, 2025.
The IPO is a fresh issue up to Rs 370 crore and an offer for sale of up to Rs 370 crore by the promoter – Ghanshyam Das Agarwal.
The company is involved in the design, development and manufacture of a wide range of surgical products including disposable drapes and dressings as well as medical implantable devices including hydrocephalus shunts and orthopaedic implants, among others.
Hotel Polo Towers
Kolkata-based Hotel Polo Towers has received final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
The Company had filed its IPO papers with Sebi on September 27, 2025.
The IPO is a fresh issue up to Rs 300 crore and an offer for sale of up to 7,120, 030 shares by promoters – Kishan Tibrewalla, Prem Tibrewalla, Deval Tibrewalla and Kishan Tibrewalla.
The company develops, owns, operates and manages a chain of upscale and mid-scale hotels and resorts in northeast, east and north India under the ‘Polo’ and ‘Max’ brands. As at August 31, 2025, its hospitality portfolio comprises 9 operational hotels and resorts with an aggregate inventory of 425 keys, together with 17 on-premise cafés and restaurants and two standalone cafés.
