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Timken India, Aether Industries, Krishna Institute Of Medical Sciences Ltd (KIMS), CreditAccess Grameen, NMDC and Kalyan Jewellers were among midcaps that saw MF buying during the month.
Thirty-seven Indian corporates raised Rs 52,116 crore through main board IPOs in financial year 2022-23, less than half of the Rs 1.11 lakh (all-time high) mobilised by 53 IPOs in 2021-22, according to Primedatabase, the countrys premier . ....
The IPO pipeline still remains strong, with 54 companies proposing to raise a huge Rs 76,189 crore are presently holding Sebi approval. Another 19 companies looking to raise about Rs 32,940 crore are awaiting Sebi approval. ....
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. ....