IPO news: 13 firms including Urban Company and Imagine Marketing get Sebi nod; combined IPO target over Rs 15,000 crore

SEBI has given the green light to 13 companies, including Urban Company and Imagine Marketing (boAt), for their IPO launches. These firms aim to collectively raise over Rs 15,000 crore through a mix of fresh issues and Offer For Sale (OFS), with funds allocated for expansion, debt repayment, and providing exit opportunities.