The amount of money raised through initial public offerings in India has fallen by more than 80 per cent year on year. In the past six months there have been 22 listings in India, raising a combined $780m – down on the same period last year when just over $4bn was raised in India through 28 IPOs. This could be because of heightened PE activity, with players looking to preempt companies from going public.
Read more about IPO performance here.