Initial public offerings in ’20 dominated by PE exits
Nearly 53% of the money raised via listing was for private equity/venture capital exits
Public listing saw huge participation in 2020 as the primary markets recouped after a three-month lull because of disruptions and volatility in the stock market caused by the coronavirus outbreak. However, most of the money raised through the initial public offerings (IPOs) were used to provide an exit to private equity (PE) players or existing shareholders.
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