Samvat 2079: Small- and mid-sized IPOs dominate market amid volatility

The average IPO size for Samvat 2079 stood at Rs 822 crore-lowest in four years-and over 60 per cent below last year's average of Rs 2,212 crore

Small- and mid-sized initial public offerings (IPOs) were the flavour of the season during Samvat 2079, with as many as 60 companies raising a total of Rs 49,321 crore via their maiden share sales on the mainboard.

In Samvat 2079, while the number of IPOs was 50 per cent more than the previous year, the amount mobilisation was 44 per cent lower. The average IPO size for the Samvat stood at Rs 822 crore — the lowest in four years and over 60 per cent below the last year’s average of Rs 2,212 crore.

The trend of same-sized companies dominating