153 firms raised $11.6 billion through IPOs in 2017: Report
As many as 153 Initial Public Offerings (IPOs) hit the Indian stock market this year, raising $11.6 billion, according to an EY report. The report said this represents a 74% increase in deal numbers compared with 2016. Notably, the largest IPO by proceeds in the region was General Insurance Corporation of India worth $1.7 billion.n