50 companies raised ₹20,000 crore in IPOs in 2016
The Initial Public Offering (IPO) of 50 companies in 2016 so far has raised about ₹20,000 crore, already ahead of the ₹15,000 crore total in 2015, according to a report by law firm Baker & McKenzie. Also, 22 more IPOs are lined up in 2016, which will take the total value raised in 2016 to about ₹40,000 crore.