Indian firms raised over â¹84,300 crore via IPOs in 2017-18
Indian companies raised over â¹84,300 crore through Initial Public Offerings (IPOs) in 2017-18, according to a study by PRIME Database. In comparison, the amount raised through the IPO route by companies stood at â¹29,050 crore during the previous fiscal. As per the report, the largest initial share sale was from state-run reinsurer General Insurance Corporation of India for â¹11,257 crore.