Fresh capital raised by firms via IPOs at record high of Rs 39,254 cr

The highest fresh capital this year was raised by food delivery firm Zomato (Rs 9,000 cr), followed by Paytm parent One 97 Communications (Rs 8,300 cr), and PB Fintech (Rs 3,750 cr)

Fresh capital raised by companies by way of initial public offerings (IPOs) has touched a record high this year on the back of large new-age offerings.

India Inc has raised about Rs 39,254 crore in fresh capital by maiden offerings, higher than the previous best of Rs 32,102 crore raised in the year 2007. The highest fresh capital this year was raised by food delivery firm Zomato (Rs 9,000 crore), followed by payments major One 97 Communications, the parent of Paytm (Rs 8,300 crore), and by PB Fintech (Rs 3,750 crore).

In percentage terms, fresh capital raised formed 38 per