Fund raise through IPO more than halves to Rs 52,116 crore in FY23
The total amount raised from IPOs in India fell by more than 50% to INR 52,116 crore ($7bn) in fiscal year 2022-23 from a peak of INR 1,11,547 crore ($15bn) in the previous year. Only 37 firms listed in FY23, compared to 53 in FY22.
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