IPOs soar to 8-month high in May with Rs 9,600 crore raised
Five companies have collectively raised Rs 9,606.15 crore through IPOs in May so far. This is the largest fundraising since September 2023
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Five companies have collectively raised Rs 9,606.15 crore through IPOs in May so far. This is the largest fundraising since September 2023
India Business News: India has become one of Asia's most active IPO markets this year, driven by a surge in smaller deals. This trend is shifting as larger share sales eme
A flurry of small deals has made India one of Asias busiest IPO markets this year. Bigger share sales brighten the nations chances of attracting global funds as investors rotate money amid a patchy recovery in China.
Several high-profile companies and startups including Tata Capital, Hexaware, Ola Electric, and Swiggy are preparing for their public market debut in 2024-25.Investment bankers expect the IPO lineup in FY25 to be twice as many as in FY24, including some that are expected to exceed $1 billion
The selling pressure in the listed markets and mild listing pop of Indegene have dented the sentiments for Aadhar Housing Finance and TBO Tek, said the market experts.