From D-Mart to GIC, NIA, HDFC Life and more: Top 10 biggest IPOs of 2017

As 2017, a year seen as a bumper one for IPOs, draws to a close, Business Standard takes a look at the top 10 offerings in terms of issue size

The year 2017 has been a bumper one for initial public offerings (IPOs) on Dalal Street, with as many as 167 issues hitting the stock market and raising Rs 68,810 crore so far. This is much more than the cumulative Rs 50,930 crore garnered in the past five calendar years.

General Insurance Corporation of India (GIC) topped the IPO chart, garnering over Rs 11,372 crore in the largest public float by any firm since Coal India’s October 2010 offer that raised Rs 15,000 crore.

GIC was followed by New India Assurance Company, which raised Rs 9,600 crore, HDFC Standard Life