Fundraise through IPO more than halves to Rs 52,116 crore in FY23 from record high in FY22
The fundraising activity through initial public offerings (IPOs) in India has seen a significant decline in the fiscal year 2022-23 as compared to the record high achieved in the previous year. According to recent data, the total amount raised through IPOs has more than halved to Rs 52,116 crore in FY23, as companies adopt a …