Minister of State for Finance and Corporate Affairs Anurag Thakur in a written reply to a question about the dip in an initial public offering in the last five years said that as per the data furnished by market regulator Securities and Exchange Board of India (Sebi) the IPOs have not witnessed a five year low in 2018-2019. To corroborate the statement, Thakur furnished the data by Sebi. As per the data, the number of companies went for IPO in 2018-2019 was 123 and successfully raised Rs 16087 crore. However, in 2017-2018, 201 companies went for IPO and raised about Rs 83685 crore. And in the past few years such as 2016-2017, 2015-2016, 2014-2015 the number of companies went for IPO stood at 104, 74, and 46 respectively.