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Dronetech Startup Garuda Aerospace Gets SEBI Nod For ₹750 Cr+ IPO
12 August 2026
- Garuda Aerospace has received SEBI's final observation for its proposed IPO, clearing the way for the public issue.
- The approval brings the dronetech startup a step closer to listing, adding to the growing pipeline of new-age tech IPOs.
- The startup confidentially pre-filed its DRHP in April for an IPO comprising a fresh issue of up to ₹750 Cr and an OFS.
- Garuda Aerospace has received SEBI's final observation for its proposed IPO, clearing the way for the public issue.
- The approval brings the dronetech startup a step closer to listing, adding to the growing pipeline of new-age tech IPOs.
- The startup confidentially pre-filed its DRHP in April for an IPO comprising a fresh issue of up to ₹750 Cr and an OFS.
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