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28 IPOs to raise Rs 38,000 crore in second half of FY24
The Business Guardian
|October 09, 2023
In the first half of the fiscal year, India witnessed an unprecedented surge in initial public offerings (IPOs), with a record-breaking 31 companies making their debut in the market.
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This surge fueled optimism for the remainder of the fiscal year, as an impressive pipeline of 28 companies aimed to raise an estimated Rs 38,000 crore in the second half. Additionally, a staggering 41 companies were awaiting the Securities and Exchange Board of India (SEBI) approval to launch IPOs valued at approximately Rs 44,000 crore, according to a report.
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