Stockwire Wealth Insight - Apr 2024

Analyst's Diary: The IPO rush

We look at the initial public offerings (IPOs) of recent years

Analyst's Diary: The IPO rush

The Indian stock market is experiencing a bullish phase, as is evident from the benchmark indices' rally. The Sensex has surged 23 per cent over the past year and nearly tripled from pandemic lows. A hallmark of such bull runs is the increase in IPOs. Since 2019, Dalal Street has seen 235 IPOs, raising a staggering Rs 2,71,106 crore, with 71 companies raising over Rs 1,000 crore.

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