India among top IPO markets with $2.8bn mop-up: EY | India News – The Times of India
MUMBAI: With total fund mobilisation at $2.8 billion, India was among the top markets for IPOs during the Jan-March period, a report by global consultancy major EY said. India had a 22% share of global IPO activity. Despite a decline in volume, the percentage of profitable IPO companies surged, reflecting strong market fundamentals, EY said….