In 2023, some 57 Indian companies raised around Rs 49,000 crore through mainboard IPOs. And, 27 companies have already obtained the green light from the market regulator to float their public issues to raise around Rs 29,000 crore
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After a subdued beginning to 2023, the IPO market has seen heightened activity in the past couple of months. Considering the strong pipeline, there’s hope this may continue for some time yet