IPO Market: Companies stayed away from the IPO market in this financial year, half the amount – ipo fundraising halves to 52,116 crore in fy23 only 37 firms launched issue

During this financial year, there was a lot of ups and downs in the stock market. For this reason companies refrained from bringing IPO. Many companies even postponed their IPOs at the last moment. A total of 37 companies brought IPOs. These include LIC as well. Despite this, the amount raised from the IPO has come down to less than half as compared to last year.