Why UBS Indiaâs Anuj Kapoor Thinks 2021 Is Primed For IPOs Feb 18 2021, 10:57 AM February 18 2021, 10:50 AM February 18 2021, 10:57 AM UBS India is confident that a ârobust environmentâ for primary issuances is in place even as initial public offerings picked up pace only in the last quarter of the calendar year 2020.âOver the last few months, investors have made money and hence the environment is quite conducive for primary issuances through IPOs,â Anuj Kapoor, managing director of UBS India, told BloombergQuintâs Niraj Shah in an interview. Investors will lap up t... UBS India is confident that a ârobust environmentâ for primary issuances is in place even as initial public offerings picked up pace only in the last quarter of the calendar year 2020.