New IPOs to help add $400 bn to m-cap in three years, India to be the 5th largest market globally: Goldman Sachs

The estimate comes on the back of a surge in IPO activity in the last few months, which has seen companies raise $10 billion from public markets since the beginning of the year -- higher than the money raised in the three years prior to that, Goldman Sachs said.

New IPOs to help add $400 bn to m-cap in three years, India to be the 5th largest market globally: Goldman Sachs
The estimate comes on the back of a surge in IPO activity in the last few months, which has seen companies raise $10 billion from public markets since the beginning of the year -- higher than the money raised in the three years prior to that, Goldman Sachs said.