Funds raised through IPOs up 10 times in 2015-16
Indian companies raised ₹14,508 crore through Initial Public Offerings (IPOs) in the financial year 2015-16, more than 10 times the money raised through IPOs in the previous fiscal, according to the National Stock Exchange. The fiscal saw 22 corporates making their debut on stock exchanges. Infrastructure companies led the pack with about 33% of the issuances coming from the sector. 