SEBI approved 28 firms' IPOs worth ₹45,000 cr in April-July 2022

SEBI has given its nod to 28 companies to raise ₹45,000 crore in funds through IPOs in April-July 2022. So far in FY23, 11 companies have launched their IPOs to raise ₹33,254 crore. Of this, the largest share (₹20,557 crore) was raised by Life Insurance Corporation's IPO. A total of 52 companies launched IPOs worth ₹1.11 lakh crore in FY22.