73 IPOs, Rs 23,716 crores raise – bumper year for Indian IPO scene

Here’s one reason why VC funding is flooding the Indian market – last year saw a record 73 IPOs that raised a whopping Rs 23,716 crores. The amount raised is double than that in 2005-2006.

Construction firms topped the list with 5 companies raising Rs. 3053 crore. Telecom (2125 cr.), IT (1864 cr.), Finance (1965 cr.) and entertainment (1284 cr.) followed suit.

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This entry was posted on Thursday, March 29th, 2007 at 1:24 am and is filed under Stats and Numbers. You can follow any comments to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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