The Securities and Exchange Board of India has approved the IPO offer documents of Tea Post Ltd., Learnfluence Education Ltd., and Travelstack Tech Ltd. The market regulator issued its 'observation letter' to the filings, which means final nod in SEBI parlance, during the week ending March 13.
There are currently 24 draft IPO offer documents under review by SEBI, including Jakson Green Ltd., Deepa Jewellers Ltd., and Moneyview Ltd.
Tea Post IPO
Gujarat-based cafe chain, Tea Post, filed its draft red herring prospectus for an initial public offering in June last year. The offering consists of a fresh issue of 1.42 crore equity shares and an offer for sale of another 1.42 crore shares. The total issue size is of 2.85 crore equity shares.
The company offers a diverse selection of teas and beverages. The company serves over 15 varieties of hot and cold teas, covering both traditional and modern variants. The company prides itself on standing out from its peers, providing a unique desi experience to its customers.
Travelstack Tech IPO
Travel technology firm Travelstack Tech filed draft papers in December. The offer comprises a fresh issue of shares worth Rs 250 crore and an offer for sale (OFS) of 26,852,969 shares by promoters and existing investors.
Of the Rs 250 crore fresh issue proceeds, Rs 135 crore will go toward working capital, Rs 45 crore for debt repayment, and the remainder for general corporate purposes. The company may also consider a pre-IPO placement of up to Rs 50 crore, which would reduce the fresh issue size accordingly.
Travelstack Tech, earlier known as Casa2 Stays, operates TravelPlus. Its platform enables employees and travel desks of enterprises to book travel, manage approvals, process expenses, and receive comprehensive support throughout the travel lifecycle – helping enterprises optimise travel spends, improve policy compliance, and drive convenience for all stakeholders.
Learnfluence Education
Learnfluence Education, which offers multi-modal learning for students, graduates, and working professionals, applied for an IPO in October 2025. According to the DRHP, the proposed IPO is a combination of a fresh issue of equity shares aggregating up to Rs 246 crore and an offer for sale of up to 40 lakh equity shares.
It plans to utilise the net proceeds of the fresh issue towards capital expenditure towards setting up new physical campuses; expenditure towards sales and marketing initiatives, repayment and / or prepayment, in full or in part, of certain outstanding loans availed, expenditure towards lease payments of existing identified long-term campuses; and balance for general corporate purposes.
The company is the parent company of Lakshya, which operates from 15 campuses in 8 cities, namely, Calicut, Ernakulam, Kannur, Trivandrum, Kottayam, Thrissur, Coimbatore and Bengaluru.
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