IPO Market 2021: Fundraising hits record Rs 1 lakh crore mark as 63 issues hit Street

IPO Market 2021: Fundraising hits record Rs 1 lakh crore mark as 63 issues hit Street

NEW DELHI: Fundraising by India Inc via initial public offer (IPO) crossed the Rs 1 lakh crore mark in 2021 in a first for any calendar year. Data showed a total of 63 Indian corporates raised an all-time high of Rs 1,18,704 crore through mainboard IPOs in 2021. Including the SME IPOs, the fund mobilisation … Read more

IPO mart booming, but no fun for iBankers in 2021

IPO mart booming, but no fun for iBankers in 2021

MUMBAI: Investment bankers have had it rough in 2021 so far, despite a flood of initial public offerings (IPOs) in the country’s primary equity market. Investment banking activities generated $761.5 million in fees in the first nine months of 2021, down 5.4 per cent compared with the same period last year, data compiled by Refinitiv … Read more