In total, 243 companies were listed on Indian bourses in the year ended December 31, 2023, the highest annual tally in at least six years, according to S&P Global Market Intelligence data. The aggregate transaction value of the IPOs in 2023, however, fell more than 9% to $7.10 billion, dragged down by the absence of big-ticket listings such as Life Insurance Corp. of India, through which the Indian government raised more than 205 billion Indian rupees in 2022 alone, the data said.