HomeNewsBusinessMarketsIPO fundraising in India drops by half in 2022-23, but third-highest ever recorded

IPO fundraising in India drops by half in 2022-23, but third-highest ever recorded

The largest IPO in 2022-23, which also happened to be the largest ever Indian IPO, was from Life Insurance Corp. of India, followed by Delhivery (₹5,235 crore) and Global Health (₹2,206 crore), with an average deal size of ₹1,409 crore.

March 30, 2023 / 14:34 IST
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Overall public equity fundraising in India also decreased by 56% to ₹76,076 crore in 2022-23 from ₹1,73,728 crore in 2021-22.
Overall public equity fundraising in India also decreased by 56% to ₹76,076 crore in 2022-23 from ₹1,73,728 crore in 2021-22.
Ravi Prakash Kumar is a Senior Sub-Editor at Moneycontrol. He has over five years of experience as a business journalist and has worked with leading financial dailies including ET, Mint, and Business Standard.
first published: Mar 30, 2023 02:20 pm

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