technology

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

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

Sixty three Indian corporates raised nearly Rs.1.19 lakh crore in funds through main board IPOs in 2021, surpassing the 2017 record. The amount is 4.5 times the Rs.26,613 crore raised through 15 IPOs in 2020, according to PRIME Database Group data. The largest IPO in 2021, which was also the largest Indian IPO ever, was from Paytm for Rs.18,300 crore..

technology 2021-12-24 Inshorts