In the Calendar year 2023, a notable 57 Indian enterprises successfully garnered approximately Rs 49,000 crore via mainboard IPOs. Impressively, an additional 27 companies have secured approval from the market regulator to initiate their public offerings, with aspirations to raise a substantial Rs 29,000 crore.
In the financial landscape of 2023, the Indian benchmark indices, Sensex and Nifty, experienced an impressive ascent, each notching up gains of approximately 19 percent. against this dynamic backdrop, a robust 57 Indian companies harnessed the power of mainboard IPOs, collectively amassing a staggering Rs 49,000 crore. Furthermore, imagine the anticipation as 27 companies secured the coveted green light from the market regulator, poised to embark on their public offerings, with the ambitious goal of raising a substantial Rs 29,000 crore. It’s a narrative of financial prowess and market dynamism that unfolded against the canvas of India’s economic landscape in 2023.
IPO – Yearly Review – 2023 – let us review our 2023 best and worst listing stocks below.