A total of 31 companies have raked in Rs56,870 crore through the IPO route so far this year. Out of the total IPO funds raised by 31 companies so far in 2017, nearly 80% (Rs45,755 crore) has gone to existing shareholders. A total of 31 companies have raked in Rs56,870 crore through the IPO route so far this year. The IPO chart in the year is led by General Insurance Corp. of India (GIC) that garnered over Rs11,372 crore. SBI Life Insurance and ICICI Lombard General Insurance raised Rs8,400 crore and Rs5,700 crore via their respective IPOs and all the fund has gone to their existing shareholders.

Source: Mint November 05, 2017 13:41 UTC