Four companies, including Knack Packaging, Shivalaya Construction, Varmora Granito, and Behari Lal Engineering, have received approval from the Securities and Exchange Board of India (SEBI) to launch their Initial Public Offerings (IPOs). These companies collectively aim to raise over Rs 1,400 crore. Knack Packaging plans to use funds for a new manufacturing facility, while Shivalaya Construction intends to repay debt. Varmora Granito also plans to use proceeds for debt repayment. Meanwhile, Infifresh Foods has withdrawn its draft IPO papers.