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In FY24, 272 companies went public as compared to 164 in FY23: SEBI
The Sunday Guardian
|August 11, 2024
India’s Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of 272 companies going public compared to 164 during the previous fiscal year, highlights a report by SEBI.
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The market regulator SEBI stated that upbeat secondary markets, enthusiasm from retail investors, and strong institutional flows set the stage for a flurry of new listings.
“After a relative moderation during 2022-23, the equity segment witnessed a resurgence in fundraising activity during the current fiscal. The IPO market had been vibrant with a total of 272 companies going public as compared to 164 during the last fiscal year,” said SEBI.
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