scorecardresearchAverage NFO collection slumps in FY23: Report

Average NFO collection slumps in FY23: Report

Updated: 22 Sep 2022, 10:20 AM IST
TL;DR.
49 NFOs launched between April and August have mopped up 12,671 crore, at an average of nearly 260 crore. By comparison, 176 NFOs were launched in FY22, collecting 1.08 lakh crore, translating into 613 crore per offering, the report pointed out.
49 NFOs launched between April and August have mopped up  <span class='webrupee'>₹</span>12,671 crore, at an average of nearly  <span class='webrupee'>₹</span>260 crore. By comparison, 176 NFOs were launched in FY22, collecting  <span class='webrupee'>₹</span>1.08 lakh crore, translating into  <span class='webrupee'>₹</span>613 crore per offering, the report pointed out.

49 NFOs launched between April and August have mopped up 12,671 crore, at an average of nearly 260 crore. By comparison, 176 NFOs were launched in FY22, collecting 1.08 lakh crore, translating into 613 crore per offering, the report pointed out.