India Today

BOOMTIME FOR IPOS

9 PER CENT Rise in BSE Sensex since January 1, 2023
83,200 CRORE What domestic institutional investors invested in Indian stock markets in Jan.-Mar. 2023

have hit the headlines of late, but it’s a deluge of a different sort that’s creating waves in the Indian stock markets. Indian bourses, which saw millions dabble in online stock trading after the Covid pandemic struck in early 2020, are scaling a new peak. And it has prompted several companies to announce their initial public offering (IPO) plans to raise funds at higher valuations and offer safer exits to their investors. Notwithstanding a dry spell in the first two months of calendar year 2023, 13 firms have already raised over Rs 10,000 crore through IPOs since March. Another 42 firms have received market regulator Sebi’s approval and are set to tap the markets for funds worth more than Rs

You’re reading a preview, subscribe to read more.

More from India Today

India Today1 min read
Inflation Pain
For Ulka Kharat, a widow living with her brother in Lasurne in Pune’s Indapur taluka, inflation matters more than anything else. “LPG cylinders have become exorbitant,” she says. “What will the poor do when they cannot make ends meet? The situation o
India Today3 min read
A Fractured Constituency
Resistance against the Bharatiya Janata Party (BJP) for “non-fulfillment of poll promises”. Infighting within that party. And cracks within the Opposition INDIA bloc, mirroring the fractured politics of the region. Ladakh may be all of one Lok Sabha
India Today3 min read
“Modi Is The Only Issue In This Election”
It’s an exhilarating experience. It gives tremendous opportunity to connect with the local people, a sense of belonging and a feet-on-the-ground feeling. I will ever be grateful to PM Narendra Modi for the opportunity. In ‘Modi ki Guarantee’, the fir

Related Books & Audiobooks