Seven firms, including Shiprocket, Meesho, Skyways Air Services, and Rajputana Stainless, have secured SEBI's approval to raise nearly ₹7,700 crore through IPOs collectively. The regulator issued observations on confidential Draft Red Herring Prospectus of Meesho on October 10, and Shiprocket on October 31. The issuance of confidential observations means that firms have 18 months to launch IPO.