IPO boom: $140.3 billion raised globally via 670 offers in 2021

At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally.

The global primary market is on fire with 670 initial public offers (IPOs) of companies raising a collective $140.3 billion thus far in calendar year 2021 (CY21) till May 10, suggests a latest report by Refinitiv – a global provider of financial market data and infrastructure. This is nearly four times the amount raised during the corresponding period in CY20.

In terms of exchanges, the BSE occupies 13th spot in global rankings and has seen 26 IPOs thus far in CY21 with $2731.7 million being raised, Refinitiv data show. In comparison, 11 IPOs had hit the Street back home during