Fundraising by companies through IPOs crossed ₹1.6 lakh crore, setting a new record. It has surpassed the previous year's ₹1.59 lakh crore even with a full month still ahead. Meesho is set to raise around ₹5,421 crore, Aequs Limited plans to mobilise nearly ₹921 crore, while Vidya Wires is expected to raise about ₹300 crore through its IPO in December.