New Delhi, March 6 -- India's capital markets regulator, SEBI, has approved Bonbloc Technologies, Milestone Gears, and Eastman Auto, clearing the way for these companies to raise funds through public offerings, which is expected to further expand the size of the Indian stock market.

Following this initial step of receiving SEBI approval, the companies will release their Red Herring Prospectuses (RHPs), which contain full details about the issue size, issue price, lot details, reservation quota, allotment date, and listing date. The SEBI approval is valid for 12 months.

The company is an artificial intelligence-native enterprise technology firm that builds next-generation AI-powered SaaS solutions and AI-powered Internet of Things (IoT) ...