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The Times of India
The Times of India
Business
PTI

Fund raise through IPO more than halves to Rs 52,116 crore in FY23 from record high in FY22

MUMBAI: 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.

According to Prime Database, just 37 companies hit the main board listing process in FY23, much lower than 53 IPOs in FY22.

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