A total of Rs 52,759 crore has been raised by 61 companies through initial public offerings this fiscal, out of which 34 entities were Small and Medium Enterprises (SMEs).
Finance Minister Nirmala Sitharaman said, “IPOs are being brought by the companies regularly this year, and the amount raised in the current financial year till the month of October 2021, has surpassed the amount raised in the last financial year.”
She added that among the 61 IPOs, 35 were below Rs 100 crore, while four were in the range of Rs 100 crore and less than Rs 500 crore. 10 companies out of the 61 entities were from the healthcare sector and 6 from constructions.
In the last fiscal, 56 companies garnered Rs 31,060 crore from IPOs and out of them, 27 were SMEs.
