Bolstered by bullish investor sentiments, India witnessed companies mopping up a whopping $9.7 billion through initial share sales in the first nine months of 2021, the highest amount for the nine-month period in two decades, says a report.
As many as 72 initial public offerings (IPOs) hit the stock market during the January-September period this year in India and strong sentiments were visible in the global markets as well, according to leading consultancy EY.
EY, in its latest report, said the global IPO market continued to boom through Q3 2021, resulting in the most active third quarter by deal numbers and proceeds in the last 20 years.
