LIC accounted for 39% of total IPO fundraising in FY23
LIC accounted for Rs 20,557 crore or a huge 39 per cent of the total amount raised in FY23., without which the IPO fundraising would have been Rs 31,559 crore.
Source: businesstoday.in
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Fund raise through IPO more than halves to Rs 52,116 cr in FY23 from record high in FY22
Overall public equity fundraising dropped by 56 per cent to Rs 76,076 crore in the reporting year from Rs 1,73,728 crore in FY22.
Source: indianexpress.com
IPO fundraising halves to ₹52,116 crore in FY23, 37 firms go public
The largest life insurer in India, LIC's IPO accounted for around 39% of the total fundraising in FY23. Nevertheless, FY23 fundraising in FY23 is still the third highest ever in the IPO market.
Source: livemint.com
Fourth quarter of 2022-23 sees lowest IPO fundraising in nine years
According to Pranav Haldea, Managing Director, Prime Database Group, as many as 25 out of the 37 IPOs came in just three months of the year (May, November and December).
Source: thenewsminute.com
Initial public offering: IPO Fundraising More Than Halves From Record High In 2021-22
The total amount raised through initial public offerings (IPOs) more than halved to Rs 52,116 crore in FY23 from an all-time high collection of Rs 1,11,547 crore in the previous fiscal, according to an analysis.
Source: ndtv.com