New Delhi, Sept. 16 -- Six companies, including Canara Robeco Asset Management Company and Hero Motors, have received approval from SEBI to proceed with their initial public offerings (IPOs), as per an update from the market regulator on Monday.

Emmvee Photovoltaic Power, a manufacturer of solar equipment, fintech leader Pine Labs, banking and smart card producer Manipal Payment and Identity Solutions, and Orkla India, the parent company of MTR Foods, have also been granted permission to launch IPOs.

These approvals followed the submission of their preliminary papers to Sebi between April and July, with regulatory observations obtained during September 2-12.

In regulatory language, SEBI's observations signify clearance to initiate a pu...