The current value of IPOs in the US is as high as the dot-com bubble time


New Delhi: Low interest rates and massive returns have led to record demand for IPOs in the US, but valuations of new public companies have recently reached the level they were seen during the dot-com bubble. Some analysts believe that the US IPO market is nearing completion.

The June quarter has been the best of the last two decades in terms of IPOs in the US. 114 companies raised ૭ 20.50 billion in the last quarter, according to a report.

The first quarter also saw record IPOs. In the United States, companies raised ૯ 21.50 billion in 2020, the highest amount since 2000. Due to this demand, valuations are currently at the level they were during the dot-com bubble two decades ago. In 2020, the value of IPOs of companies will be doubled. In the year 2000, this number was 21 times.

Evaluations are currently declining but are still being maintained at historic levels, the report noted.

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