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India records 22 IPOs worth over $2.5 billion in January-March period
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India records 22 IPOs worth over $2.5 billion in January-March period
PTI / Apr 21, 2021, 16:23 IST
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The IPO pipeline has over 20 companies that have filed their DRHPs and more than 30 PE-backed companies are planning exits. (Representative image)
NEW DELHI: India witnessed 22 initial public offers worth over $2.5 billion in the first three months of 2021 amid high momentum in the country s capital markets and the trend is likely to stay bullish in the current quarter also, according to a report.
Leading consultancy EY India s IPO (Initial Public Offer) report released on Wednesday showed that consumer products and retail, diversified industrial products, automotive and transportation were the most active sectors in terms of the number of IPOs in the 2021 first quarter.
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New Delhi: India witnessed 22 initial public offers worth over USD 2.5 billion in the first three months of 2021 amid high momentum in the country s capital markets and the trend is likely to stay bullish in the current quarter also, according to a report. Leading consultancy EY India s IPO (Initial Public Offer) report released on Wednesday showed that consumer products and retail, diversified industrial products, automotive and transportation were the most active sectors in terms of the number of IPOs in the 2021 first quarter. The IPOs include both in the main as well as SME (Small and Medium Enterprise) markets. With a robust Q1, IPO market likely to stay bullish in Q2 2021, it said, adding that India ranks ninth globally in terms of the number of IPOs Year-To-Date (YTD) 2021.
India records 22 IPOs worth over $2 5 bn in January-March period business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.