SEBI approves IPOs of Alcobrew Distilleries, INDO-MIM, 3 others

SEBI has approved five IPOs that together aim to raise over ₹3,000 crore. Among them are Alcobrew Distilleries' IPO, which includes a fresh issue of ₹258.26 crore and an offer for sale of 1.8 crore shares, and the IPO of OnEMI, the parent of digital lending platform Kissht. The other approved issues are from INDO-MIM, Kusumgar and Aastha Spintex.