IPO fundraising at 6-yr high, crosses ₹20k cr mark
Following ICICI Prudential Life Insurance's IPO, fundraising through initial public offerings has crossed the ₹20,000-crore mark in 2016, the highest in six years. So far this year, 20 companies have entered primary markets to raise ₹20,217 crore, NSE data revealed. This is the third time that IPO fundraising crossed the ₹20,000-crore mark, the first two being in 2007 and 2010.