India has become the global leader in IPOs in 2023, with 21 IPOs launched in the third quarter, compared to four in the same quarter last year. Funds raised in Q3 2023 reached $1,770 million, a 376% increase from Q3 2022. The SME sector also showed progress, raising $165.76 million through 48 IPOs. The top three IPOs in terms of funds were RR Kable Ltd, Concord Biotech Ltd, and SAMHI Hotels Ltd. The sectors driving this IPO boom were diversified industrial products, consumer products and retail, and technology.
- News Source Indiatimes (Click to view full news): CLICK HERE
0 Comments:
Leave a Reply