All companies, including unlisted ones, with net worth of between Rs250 crore and Rs500 crore, have to prepare their financial accounts for the year ended 31 March 2018 as per the IndAS accounting standards. In 2017, 64 companies tapped the IPO market to raise Rs67,147.4 crore, data shows. “In terms of number of IPOs, 2018 will probably be even better than last year. In terms of size, you will not see the same large IPOs but the average IPOs will be very healthy. Last year, a few large insurance IPOs happened in the region of Rs6,000-11,000 crore, but that will be replaced by several IPOs in the region of Rs2,000 crore and above,” he said.

Source: Mint April 22, 2018 20:15 UTC