Fundraising through mainboard IPOs declined 26 per cent to Rs 26,300 crore in the first half of the fiscal, even as the number of issues more than doubled to 31.
In the first half of FY23, the amount raised via Initial Public Offerings (IPOs) stood at Rs 35,456 crore through 14 issues, according to data collected by Prime Database.
However, excluding the mega LIC issue in May 2022, fund mobilisation this year jumped 76 per cent year-on-year.
According to Pranav Haldea, Managing Director of the portal, fundraise via equities rose 69 per cent to Rs 73,747 crore in the April to September period, from Rs 43,694 crore in the first half of FY23.
This includes the money raised through the SME issue platforms, InvITs, REITs, OFS, QIP and public debt issues, he said.
Including SME issues, the money raised stood at Rs 29,032 crore in the reporting year, down from Rs 36,594 crore in H1, FY23.
Offer for Sale (OFS) amounts, including InVITs and REITs, plunged to Rs 1,446 crore in the period u
| Subscribe To Our Free Newsletter |
