The year 2021 was a record year for initial public offers (IPOs) with more than 60 companies coming to the stock market to list while cumulatively raising around Rs 1.19 lakh crore. The current year till August saw 18 firms launch their public issues to raise nearly Rs 41,700 crore. That's a lot of money being raised as an increasing number of companies look to move from the private market to the public one.
Paytm AGM comes close on the heels of proxy advisory firm Institutional Investor Advisory Services (IIAS) advising shareholders to oppose Vijay Shekhar Sharma’s reappointment along with his remuneration.