The two firms had filed their draft papers with the regulator in August seeking its go ahead to float initial public offers.
The unit, SoftBank Corp, will list on the Tokyo Stock Exchange on December 19, the filing with the Ministry of Finance showed on Monday.
The initial share sale comprises fresh issuance of shares aggregating up to Rs 70 crore and an offer for sale of up to Rs 29 lakh by the company's promoters, according to the draft red herring prospectus (DRHP) filed with Sebi.
The insurer, which had approached the regulator in July seeking its clearance to launch IPO, obtained Sebi's "observations" on November 2, as per the latest update with the market watchdog.
The IPO comprises fresh issuance of shares worth up to Rs 1,300 crore, besides, an offer for sale of up to Rs 250 crore by company's promoter PR Cement Holdings, according to the draft red herring prospectus (DRHP) filed with Sebi.
The company, which had filed its draft papers with Sebi in August seeking its clearance to float an initial share-sale, obtained its "observations" on October 26, latest update with the markets watchdog showed.
BSE and NSE had launched SME platforms in March 2012, becoming the only two bourses to offer such a segment in the country.
After reports that the initial public offering had been scrapped, Crown Prince Mohammed bin Salman said early this month that it will go ahead in late 2020 or at the start of 2021, two years later than expected.
With this, the total number of companies getting Sebi's clearance to launch initial share-sale has reached 64 so far this year.
The Indian unit -- Affle (India) -- is expected to raise around Rs 650 crore through its initial public offer (IPO), they added.
The proceeds will be utilised for expansion of the company's footprints in Northern India
Axis Bank, Nomura Financial Advisory and Securities and Edelweiss Financial Services will manage the offer
A company's dream to go public does not just involve ground work but also involves skill and experience of the advisors to the public issue.
Bharat Hotels and Spandana Sphoorty obtained the regulator's "observations" on October 12, latest update with Securities and Exchange Board of India (Sebi) showed.
The company said net proceeds raised through the issue will be used for re-payment of certain indebtedness and for other general corporate purposes.
These four companies had approached SEBI between June and August, seeking its clearance to launch initial public offers.
According to the India IPO Market Insight report by EY, the IPO activity in the third quarter this year registered a significant decline vis-a-vis the corresponding period last year.
About 10 Chinese tech companies have had their IPOs in Q3, as opposed to four US tech companies
In the first half of 2016-17, 15 companies had raked in Rs 16,535 crore through the route
"VFS is likely to hit the capital markets with an IPO sometime next year. It has already started the process for an IPO and is in talks with merchant bankers and legal advisers in this regard," the official said.
The objective of the offer are to achieve the benefits of listing the equity shares on the stock exchanges and for the offer for sale, it said.
Garden Reach is a shipbuilding company under the administrative control of the Defence Ministry.
The number of initial public offerings (IPOs) in the first nine months of 2018 fell to 1,000 globally. This is an 18 per cent decrease from year-to-date (YTD) 2017, which saw the highest nine-month activity since 2007.
Choice Broking has come out with its report on Dinesh Engineers. The research firm has recommended to "Subscribe" the IPO in its research report as on September 26, 2018
Aditya Birla Money has come out with its report on Aavas Financiers. The research firm has recommended to "Subscribe" the IPO in its research report as on September 24, 2018