Anupam Mittal-backed Travelstack Tech gets Sebi nod along with two other IPOs; 3 companies withdraw offer plans
Analysis of this story by et_markets · 16 Mar 2026, 3:04 PM IST (about 2 months ago)
AI Analysis
The primary market is showing mixed signals, with some IPOs getting approval while others are withdrawn or deferred due to market volatility and geopolitical concerns. This indicates selective investor appetite and a cautious environment for new listings.
Trading Insight
For new IPOs, focus on strong fundamentals and reasonable valuations; consider short-term listing gains but be prepared for potential volatility post-listing.
Quick check: NIFTY neutral, BANKNIFTY neutral.
Key Evidence
- •SEBI has cleared three companies, Travelstack Tech, Tea Post, and Learnfluence Education, to launch their IPOs.
- •Anupam Mittal backs Travelstack Tech.
- •Three companies have withdrawn their public issue plans.
- •The primary market is experiencing mixed sentiment amid volatile equity market conditions.
- •Risk flag: Geopolitical tensions impacting broader market sentiment (e.g., US-Iran war mentioned in context)
People in this Story
A
Anupam Mittal
mentioned in article
backed Travelstack Tech, one of the companies receiving SEBI IPO approval
Sources and updates
Original source: et_markets
Published: 16 Mar 2026, 3:04 PM IST
Last updated on Anadi News: 16 Mar 2026, 3:23 PM IST
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