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Global IPO Market: Due to the Kovid-19 epidemic and the Russia-Ukraine war, there are possibilities of recession at the global level. In the year 2022, the IPO market has been affected at the global level and companies have pulled back instead of presenting IPO. Investors are attracted towards low risk investments. Despite all these reasons, India’s IPO market has emerged rapidly in 2022.
According to a report by Ernst and Young, Europe, the Middle East and India saw a decline of 53 per cent in total IPOs and 55 per cent in total amount. In this, a decline of $ 49.9 billion has been recorded. At the same time, the number of IPOs in India has increased from 134 to 138, which have raised US$ 7.5 billion.
LIC country’s biggest IPO
The biggest IPO in the country so far has been introduced by the Life Insurance Corporation of India (LIC). LIC’s IPO alone contributed $2.7 billion. However, with the arrival of the IPO, a decline of 17.3 per cent has been recorded in the total value of LIC as compared to 2021. The growth of the IPO market has also affected the stock market and the economy of India.
IPO market fell more than in 2021
The IPO market has fallen faster than in 2021. According to the report, the number of IPOs at the global level has fallen by more than 45 percent, while the income has decreased by more than 61 percent as compared to a year ago. According to London-based accounting firm Ernst and Young, there has been a 77 per cent drop in the number of financially sponsored IPO activities and a huge 93 per cent drop in earnings.
America recorded poor performance
The total number of IPOs worldwide was 2,436 in 2021 and has increased to 1,333 in 2022. Similarly, it has decreased by $ 280 billion to $ 179.5 billion. The worst performing IPO market has been the US. It is at a 13-year low in terms of numbers and 20-year low in terms of income.
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