Independence Day 2023: 33 of 38 mainboard IPOs jump up to 200% in past year
Independence Day 2023: Since last year's independence day, there have been 38 mainboard IPOs and more than 135 SME IPOs, raising a significant amount of funds. The IPO market in India has experienced a surge, indicating increasing investor confidence in the economy.
Since last year's independence day (August 15, 2022), there have been 38 mainboard initial public offers (IPOs). Primary markets have raised a significant amount of funds through both private and public sector undertakings (PSUs) thanks to a buoyancy in the secondary market. And this trend will stay in place, according to analysts.
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