2015 witnesses spike in fund raising by Corporate through IPO
Reports show that fund flow to the IPO (Indian Initial Public Offer) market has spiked up in 2015 as 21 companies have floated their IPOs, garnering Rs. 13,600 crore in total. It is also learnt that new IPOs amounting to a whooping Rs. 14,000 crore is also in the final phase of entering the market. Experts say that IPOs amounting to Rs. 50,000 crore are already in the pipeline to hit the Dalal Street. Analysts are upbeat about the increasing depth of the IPO market because of the diverse sectoral composition (airlines, electronics, pharma, logistics, QSRs, and renewable energy) in which IPOs are being floated in 2015.