News > 63 Indian IPOs raise Rs 1.19 lakh crore in 2021, break previous record: Report

63 Indian IPOs raise Rs 1.19 lakh crore in 2021, break previous record: Report

Tech Story | 25/12/2021 09:16 PM | Click to read full article

With 63 corporates in India raising Rs 1.19 lakh crore in capital through main-board initial public offerings (IPOs) so far in 2021.

The primary issue market has reached an all-time high, well almost 4.5 times over the Rs 26,613 crore raised via 15 issues in 2020 and nearly double the previous high of Rs 68,827 crore in 2017.