IPO Street shines bright in 2023 on robust local demand, equity rally

Indian companies collectively raised $7.1 billion (around ₹54,000 crore) through the IPO route. Its share in the total money raised globally through IPOs expanded to 5.6%, up from 4.1% in the previous year. China raised $60.5 billion, accounting for nearly 48% of the global funds raised compared with 56% a year ago.

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