Choices Galore For IPO Investors

The primary equity market in 2017-18 has seen a growth of over 100 per cent over the previous record high in FY 2009-10

- Suyash Desai

Public equity markets witnessed an all-time high of ₹1,77,116 crore being raised in FY 2017-18, a growth of more than 100 per cent over the previous high of ₹86,710 crore in FY 2009-10. According to Pranav Haldea, Managing Director of PRIME Database (a database provider on the Indian primary capital market), the figure for FY 2017-18 was 3.46 times that raised in the previous year. In 2016-17 the amount raised was ₹51,120 crore.