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The Times of India
The Times of India
Business
IANS

IPO fundraising at highest ever in 2021-22

Pranav Haldea Prime Prime Database New Delhi

NEW DELHI: A total of 52 Indian corporates raised an all-time high Rs 1.11 lakh crore through main board IPOs in the financial year 2021-22. This was despite the last quarter seeing only five IPOs, according to Pranav Haldea, managing director, Prime database.

The 2021-22 IPO amount was over 3.5 times Rs 31,268 crore raised through 30 IPOs in 2020-21. The previous best year was 2017-18 in which Rs 81,553 crore was raised.

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