71 IPOs worth more than Rs 1 lakh crore are waiting to hit Dalal Street
The largest IPO during this period, also the largest Indian IPO ever, was from LIC for Rs 20,557 crore. This was followed by Delhivery (Rs 5,235 crore) and Rainbow Children’s (Rs 1,581 crore). Only 1 of the 14 IPOs (Delhivery) was from a new age technology company (NATC), pointing toward the slowdown in IPOs from this sector. The average deal size was a high Rs 2,533 crore, according to the data.
