Markets stare at $19 bln outflow as new listings will test investor resilience

Oct. 10, 2024 - Forbes India

In terms of sectors, the highest fundraise by an IPO was by housing finance at Rs 9,560 crore, or 19 percent of the total money collected via IPOs. Response of retail investors to IPOs also increased tremendously.

Offers for sale by such PE/VC investors at Rs 6,730 crore accounted for 13 percent of the total IPO amount. Offers for sale by private promoters at Rs 12,201 crore accounted for another 24 percent of the IPO amount.

Qualified institutional buyers (including anchors Investors), as a whole, subscribed to 59 percent of the total public issue amount...