Adani Enterp. 2433.95↓-11.10(-0.45%)
Adani Ports 738.80↑2.20(0.30%)
Apollo Hospitals 4950.20↓-17.10(-0.34%)
Asian Paints 3199.75↓-37.50(-1.16%)
Axis Bank 950.85↑24.75(2.67%)
B P C L 356.80↓-3.25(-0.90%)
Bajaj Auto 4710.05↑40.95(0.88%)
Bajaj Finance 7043.20↑19.30(0.27%)
Bajaj Finserv 1458.90↑1.65(0.11%)
Bharti Airtel 834.50↓-2.00(-0.24%)
Britannia Inds. 4682.60↑28.45(0.61%)
Cipla 974.80↑8.95(0.93%)
Coal India 229.70↓-1.20(-0.52%)
Divi's Lab. 3462.30↓-49.30(-1.40%)
Dr Reddy's Labs 4603.55↓-6.90(-0.15%)
Eicher Motors 3673.25↓-26.15(-0.71%)
Grasim Inds 1734.50↑23.95(1.40%)
H D F C 2644.80↓-1.10(-0.04%)
HCL Technologies 1138.30↑1.25(0.11%)
HDFC Bank 1604.40↓-2.10(-0.13%)
HDFC Life Insur. 574.15↓-2.25(-0.39%)
Hero Motocorp 2870.60↓-22.05(-0.76%)
Hind. Unilever 2695.80↓-20.90(-0.77%)
Hindalco Inds. 419.70↓-1.05(-0.25%)
ICICI Bank 946.75↑8.60(0.92%)
IndusInd Bank 1301.80↑13.60(1.06%)
Infosys 1304.50↑5.50(0.42%)
ITC 440.65↓-2.75(-0.62%)
JSW Steel 712.15↑5.55(0.79%)
Kotak Mah. Bank 1924.90↓-13.85(-0.71%)
Larsen & Toubro 2268.30↑33.75(1.51%)
M & M 1395.40↑54.00(4.03%)
Maruti Suzuki 9582.10↑96.75(1.02%)
Nestle India 21834.15↓-212.30(-0.96%)
NTPC 174.10↓-0.45(-0.26%)
O N G C 155.40↑0.70(0.45%)
Power Grid Corpn 235.60↑1.00(0.43%)
Reliance Industr 2477.25↑22.05(0.90%)
SBI Life Insuran 1215.40↑12.90(1.07%)
St Bk of India 587.20↓0.00(0.00%)
Sun Pharma.Inds. 1008.75↑9.15(0.92%)
Tata Consumer 792.45↓-3.60(-0.45%)
Tata Motors 546.25↑10.35(1.93%)
Tata Steel 109.40↑1.40(1.30%)
TCS 3288.90↓-16.70(-0.51%)
Tech Mahindra 1109.35↓-13.75(-1.22%)
Titan Company 2855.70↓-5.95(-0.21%)
UltraTech Cem. 7882.00↑31.35(0.40%)
UPL 690.00↑6.65(0.97%)
Wipro 404.20↓-0.75(-0.19%)

India's IPO mop-up so far sees sharp drop versus global peers in 2023

Domestic market share in amount raised globally falls to 0.9% versus five-year average of 2.9%

Anoushka Sawhney Sundar Sethuraman New Delhi

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3 min read Last Updated : May 23 2023 | 11:47 AM IST

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The amount of money Indian companies raised from the stock market has fallen faster than their global peers in 2023.

Indian companies raised $294 million in the first four months of 2023 (January through April) via initial public offerings (IPOs), according to data from tracker Refinitiv, a part of London Stock Exchange Group.

An IPO is when companies raise money from the public for the first time and list their shares on the stock exchange for trading.

India’s IPO mop-up so far in 2023 is 80 per cent lower than the $1.5 billion raised in the corresponding period last year. By comparison, global markets have seen a 36 per cent decline.