Funds Raised Through IPOs In 2019 Fall To Four-Year Low Despite Buoyant Market
There were only 16 mainboard public issues this year against 24 in 2018: Prime Database Funds raised through initial public offerings (IPOs) plunged to a four-year low of ₹12,362 crore this year, against ₹30,959 crore in 2018 — a fall of 60 per cent year-on-year. Despite the market hitting new highs, there were only 16 mainboard IPOs…