Indian companies have raised Rs 31,265 Crore through IPOs this financial year

Indian companies have raised Rs 31,265 Crore through IPOs this financial year

This is 50% more than the Rs 20,350 crore raised in the FY20

A total of 30 main-board Initial Public Offerings happened last year

The majority of IPOs happened in the last quarter with 23 firms raising Rs 18,302 crore

Some of the key IPOs include:

Indian Railway Finance Corporation- Rs 4,600-crore IPO

Warburg Pincus-backed Kalyan Jewellers- Rs 1,175 crore IPO

Home First Finance Co Ind Ltd- Rs 1,154 crore IPO

Craftsman Automation- Rs 824 crore IPO

Most of these IPOs were driven by liquidity in the market and bull run

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