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Although some IPOs appear to be in the offing this month, the mood among the companies, investors and the public is yet to be lifted after a dismal December.Fort
Retailer of Indian ethnic wear withdraws initial share sale documents for proposed ₹4,000 crore initial public offering
Adani Ports and Special Economic Zone, a company of the Adani Group, plans to prepay Rs 1,000 crore ($120.8 million) in commercial papers maturing in March, a company spokesperson said.
Several Adani Group companies have been prepaying debt obligations in order to soothe its investors and shareholders in the wake of the scathing report by US short seller Hindenburg Research.
As per Ventura Securities, a careful evaluation of RHP is necessary to decide the attractiveness of an IPO. RHP contains comprehensive information about a company planning to raise money through public markets.