SEBI Observation letter for 8 DRHP Approval issued for the following IPOs: 1. SMPP Limited 2. Aditya Infotech Limited 3. Brigade Hotel Ventures (Shareholder Quota: Brigade Enterprises Limited) 4. Kumar Arch Tech Limited 5. Solarworld Energy Solutions 6. Indogulf Cropsciences 7. Prostarm Info Systems 8. Globe Civil Projects Limited