As many as eight companies have received SEBI's approval to raise funds through IPOs. They include Infra firm RKCPL, Chartered Speed, Glass Wall Systems (India), Jerai Fitness, Shriram Food Industry, Tempsens Instruments (India), Indira IVF and Rays Of Belief. The firms filed draft IPO papers between July and October and obtained the regulator's observations between December 26 and January 2.