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IPO fundraising slumps by 26% in H1 FY24 to ₹26,300 crore, shows data
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₹26,300 crore through main board IPOs, a drop of 26% from the ₹35,456 crore raised by 14 IPOs during the same time in 2022–23, according to Prime Database Group's report. However, IPO mobilisation climbed significantly from the previous year by a whopping 76%, excluding LIC IPO that was launched last year, said Prime Database in its report.
In the first half of 2022–2023, total public equity fundraising surged by 69% to ₹73,747 crore from ₹43,694 crore, according to Pranav Haldea, Managing Director, PRIME Database Group. "Exciting news! Mint is now on WhatsApp Channels
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