IPO fundraising all-time high at Rs 1.18 lakh crore; almost double since 2017
IPO fundraising all-time high at Rs 1.18 lakh crore; almost double since 2017
Stay updated with breaking news from Prime Database. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IPO fundraising all-time high at Rs 1.18 lakh crore; almost double since 2017
Sixty three Indian corporates raised an all-time high Rs 1.18 lakh crore through main board IPOs in calendar 2021.
The primary market was on a roll this year. More than 50 companies entered the stock markets to raise a whooping amount of more than Rs 1 lakh crore.
The STT collection as on December 16 stood at Rs 17,329 crore as compared to the budget target of Rs 12,500 crore.
While the Paytm listing debacle dampened sentiment, the IPO market is now turning its worries to the Omicron variant and possible interest rate hikes by the US Federal Reserve.