Chart of the week: Decoding the IPO boom seen over the past 3 years

4 Jan 2024 , 11:01 AM

2023 was the third year in a row witnessing a flurry of IPOs. Positive momentum in the equity markets (Nifty up about 19% in the year) coupled with rising participation by retail investors were instrumental in keeping the primary markets abuzz. Today, we bring you two charts highlighting interesting trends around the IPO market.

$29 billion raised through 160 IPOs in past 3 years, more than the $26 billion raised in previous 7 years

Best and Worst performing IPOs in the last 3 years