Global fundraising via IPOs drops 52% in 2023 to $147.2 billion

At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion in the first eight months of 2023 followed by the US and China.

IPO, IPOs
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Puneet Wadhwa New Delhi

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Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company.

At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion.

“An analysis of GlobalData’s Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide. This was

First Published: Sep 21 2023 | 10:42 AM IST

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