As many as seven companies, including ESAF Small Finance Bank, Sapphire Foods India and Anand Rathi Wealth, have received capital markets regulator Sebi's nod to raise over Rs 28,000 crore through initial public offerings (IPOs).
In addition, PB Fintech, which operates an online insurance platform Policybazaar and credit comparison portal Paisabazaar, Paytm's parent firm One97 Communications, life sciences company Tarsons Products and HP Adhesives also received Sebi's clearance to float their IPOs.
These companies, which filed their draft papers with Sebi between July and August, obtained the regulator's observations during October 18-22, an update with Sebi showed on Monday.
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