Rs 1.8L crore: IPO boom hits new high this year
India’s initial public offerings have hit a record Rs 1.77 lakh crore ($19.6 billion), as companies rush to capture the booming investor demand for new shares.The proceeds surpassed last year’s high of Rs 1.73 lakh crore, data compiled by Bloomberg showed. With five more offerings scheduled to close on or before Dec 16, including ICICI…