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September quarter saw record global IPO activity in value terms: Report

A total of $95 billion was raised through 445 IPOs

IPO
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India ranked ninth globally with eight main board IPOs and 15 SME offerings in 2020

Sundar Sethuraman Thiruvananthapuram
The September 2020 quarter was the most active third quarter in a calendar year in the past 20 years for global IPO activity in terms of value, and the second-highest in terms of number of issues, according to a report by EY Global. 

A total of $95 billion was raised through 445 IPOs. On a year-to-date (YTD) basis, $165 billion was raised through IPOs, up 43 per cent over the corresponding period last year. India ranked ninth globally with eight main board IPOs and 15 SME offerings in 2020. 

In terms of capital mobilised, India ranked tenth with 1.4 per cent market