Capital markets regulator SEBI has cleared five initial public offerings to raise about ₹2,100 crore from the market.

However, it has put the IPO proposal of Vedanta Group company Sterlite Electric (erstwhile Sterlite Power Transmission) in abeyance. The Vedanta Group company filed DRHP with the SEBI in September to raise funds via IPO of 1.55 crore equity shares which comprises of fresh issue of 77.93 lakh shares and an offer-for-sale (OFS) of 77.95 lakh shares by promoter Twin Star Overseas and others.

In one of the largest IPOs in the dairy sector, Milky Mist Dairy Food will raise ₹2,035 crore by offering new equity shares valued at ₹1,785 crore and an offer for sale of ₹250 crore, according to its draft red herring prospectus.

Of the money raised, about ₹750 crore will be used for d

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