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Indian MSMEs rush to list on the bourses


Indian companies rush to list on the bourses
Besides MTAR, a bunch of other Indian firms are also waiting to launch their initial public offerings.
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2021 is expected to be a blockbuster year for IPOs in India as homegrown startups, as well as small and medium businesses, look to give its investors valuable ‘exits’. 
Cumulatively, IPOs raised around Rs 30,000 crore in capital in 2020, more than double of the Rs 12,362 crore it had raised in 2019. Experts reckon this year is going to be as big or even bigger. 
The latest to head the IPO way is Hyderabad-based engineering company MTAR Technologies, which listed on the bourses on Monday at an 85.03 percent premium of its issue price of Rs 575.  ....

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