Sebi clears IPO plans of Travelstack, Learnfluence, Tea Post; 3 issues withdrawn

Three companies— question exertion steadfast Travelstack Tech, Learnfluence Education, which operates the 'Lakshya' coaching centres, and beverage cafe concatenation Tea Post, person received support from Sebi to rise funds done Initial Public Offerings (IPOs), according to an update from the marketplace regulator connected Monday (March 16, 2026).

The improvement comes astatine a clip erstwhile Indian equity markets are nether unit owed to the ongoing struggle successful West Asia.

So acold this year, 12 companies person tapped the IPO marketplace to rise funds. One contented is presently underway, portion fewer others are expected to deed the marketplace aboriginal this month.

According to Sebi data, Travelstack Tech, Learnfluence Education and Tea Post had filed their preliminary IPO documents betwixt June and December and received the regulator's observations during March 10-11.

In Sebi’s terminology, the issuance of observations is equivalent to support to proceed with the nationalist offering.

Travelstack Tech’s projected IPO comprises a caller contented of shares worthy ₹250 crore and an Offer For Sale (OFS) of 2,68,52,969 shares by promoters and different shareholders, arsenic per the Draft Red Herring Prospectus (DRHP).

Of the caller contented proceeds, ₹135 crore volition beryllium utilized for moving superior requirements, ₹45 crore for repayment of debt, and the remaining magnitude for wide firm purposes.

Learnfluence Education's projected IPO consists of a caller contented of equity shares aggregating up to ₹246 crore and an OFS of up to 40 lakh equity shares.

The institution plans to utilise the proceeds for mounting up caller carnal campuses, income and selling initiatives, repayment of loans, and lease payments for existing identified semipermanent campuses.

Tea Post's IPO comprises a caller contented of up to 1.43 crore equity shares and an OFS of up to 1.43 crore equity shares.

The institution intends to usage the proceeds chiefly to acceptable up and unfastened caller company-operated beverage cafes.