BRIEF

Today's Brief
Economy  ·  14 days ago

Promoters drive majority of IPO proceeds

Data reveals that Offer for Sale (OFS) components accounted for 61% of total IPO proceeds in India over the past 18 months, totaling approximately ₹2.3 trillion. Analysts suggest this trend reflects promoter efforts to monetize holdings rather than raise capital for new business expansion. The surge has sparked discussions regarding the long-term impact on equity markets.

1 source