Home / Markets / IPO / With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high

With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high

All-time high not far away with Paytm planning fresh issue of Rs 12,000 cr

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India Inc has raised about Rs 19,300 crore in fresh capital by maiden offerings, including the Rs 9,000 crore the food delivery company will raise this week, so far in 2021

Sundar Sethuraman Mumbai

4 min read Last Updated : Jul 14 2021 | 6:10 AM IST

Fresh capital raised by companies by way of initial public offerings (IPOs) is set to hit a 14-year high, thanks mainly to Zomato’s maiden offering.

India Inc has raised about Rs 19,300 crore in fresh capital by maiden offerings, including the Rs 9,000 crore the food delivery company will raise this week, so far in 2021. The best year in terms of fresh fund-raise was 2007, when companies had raised Rs 32,102 crore. With Paytm planning to issue fresh shares worth Rs 12,000 crore, the domestic market looks set to surpass that tally this year.

An IPO can be done either to

Topics : initial public offerings IPOs India Inc fundraising Zomato Paytm stock market India Inc Start-ups Food delivery Fundraising via IPOs Fundraising

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