New Delhi, Nov 24 The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute Ltd expected to raise a combined ₹20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras …
A flurry of high-profile IPOs took place in Samvat 2080, with 332 companies going public. Hyundai Motors' record-breaking IPO raised ₹27,000 crore, while Bajaj Housing Finance raised ₹3.2 lakh crore. Other notable IPOs included Bharti Hexacom, IREDA, Firstcry, Ola Electric, Aadhar Housing Finance, and Premier Energies. The IPO pipeline remains strong, with 26 companies cleared to raise ₹72,000 crore by …
India is expected to see a steady flow of small-to-mid-sized deals next year as investors grow wary about large listings after the disastrous performance of some major technology initial public offerings. India’s markets regulator currently has about two dozen IPO applications including SoftBank Group-backed Oyo Hotels and Tata Play Ltd. The overall fundraising via IPOs next year “will be a …
The record fundraising spree is expected continue in the new year as more companies seek to launch their share sales after 2021 turned out to be the best year for public issues in two decades for the Indian market. Many new-age digital players are Unicorns like Delhivery, Droom, MobiKwik, Oyo, Pharmeasy, Ixigo, BYJU'S, Foxconn India's unit Bharat FIH Ltd are …
After a decent show so far in 2020 despite the pandemic, the initial public offer market is awaiting a bumper crop with more than 30 IPOs worth over ₹30,000 crore lined up for the new year. Come 2021 IPO street, consumer companies are set to dominate the market with Kalyan Jewellers, Indigo Paints, Stove Kraft, Samhi Hotels, Apeejay Surrendra Park …
