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IPO fundraising in India drops by half in 2022-23, but third-highest ever recorded

The largest IPO in 2022-23, which also happened to be the largest ever Indian IPO, was from Life Insurance Corp. of India, followed by Delhivery (₹5,235 crore) and Global Health (₹2,206 crore), with an average deal size of ₹1,409 crore.

India could soon be a $200 bn M&A market

For the near future, consumer tech may take a bit of back seat, paving the way for B2B themes and emerging sectors, says S. Ramesh, MD, CEO Kotak Investment Banking

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