News > ₹1 trillion IPOs in the pipeline in New Year

₹1 trillion IPOs in the pipeline in New Year

26/12/2021 11:00 AM | Click to read full article

With initial public offerings on track for a record year in India, companies are racing to go public, resulting in an IPO pipeline worth over ₹1 trillion going into the next year.

Sixty-three Indian companies raised a record ₹1.19 trillion through mainboard IPOs in 2021. This is 4.5 times the ₹26,613 crore raised through 15 IPOs in 2020 and almost double the previous best of ₹68,827 crore in 2017.