IPO Listing During FY 2022-23 : A Look Back

More than 100 listings, including both mainboard IPOs and SME IPOs, have taken place on the Indian stock market since April 2022. Market capitalization during this period was Rs 46,800 crore from mainboard IPOs and Rs 1,300 crore from SME IPOs. A total of Rs 21,000 crore was raised by the Life Insurance Corporation of India (LIC), making it the largest IPO in Indian history. This amount represents almost 44% of the total funds obtained from mainboard IPOs during the period. We discovered that 30% of SME IPOs raised 70%. Nifty began April 2022 at roughly 17,400, fell to a low of 15,200, more than 10% below the opening, and is now trading around 18,400, up more than 20% from the low. Due to various factors, including inflation, the Fed's rate hike, the situation in Ukraine, the rupee's decline against the dollar, tensions between India and China, and others, the market has experienced high volatility during this time. Companies from finance, information technology, health care, e...