Average IPO size hits highest since 2010, at Rs 1,030 crore: Refinitiv

Paytm has pushed up numbers with its record fund-raising

One 97 Communications, the parent of Paytm, may have made a sorry debut on the bourses; but it has significantly raised the average for money raised through the stock market this year.

The average company had raised an average of $138 million (or Rs 1029.8 crore) by selling shares to the public on the stock market, shows an analysis of data from tracker Refinitiv, a London Stock Exchange Group business. The analysis looked at funds raised as of the end of the week in which Paytm's IPO closed, 12th November. Data for past years is also as of the same