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.
IPO review: Kaynes Technology India, Global Health, Cyient DLM, Plaza Wires, and Senco Gold are among the top 10 mainboard IPOs since last Diwali. PNGS Gargi Fashion Jewellery, RBM Infracon and Bondada Engineering are among the top 10 SME IPOs.
Despite the current volatile market scenario, domestic brokerage house InCred Equities has come out with 3 stocks, that it believes will turn multibaggers in the next 3 years.