M&A Critique

A blockbuster year for IPOs

The year 2017 will be known as the year of initial public offerings as record number of companies went for equity issuance. As many as 153 companies raised Rs 75,859 crore in the calendar year 2017, the largest in a single year in the history of Indian capital markets. In fact, the mop-up in 2017 is even larger than Rs 56,896 crore that companies raised from the primary markets between 2011 and 2016 cumulatively. A report by EY says India’s BSE, NSE and junior markets recorded a 74% increase in deal numbers in 2017 compared with 2016.

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M & A Critique