India has emerged as the fourth-largest IPO market in the world, a milestone that reflects the growing depth and maturity of its capital markets. However, according to Santosh Rao from Manhattan Venture Partners, investors must tread carefully amid the rush of new listings. “That is always a good sign, but you have to be careful,” … Read more
Dalal Street is gearing up for another busy week of public offerings, led by the much-awaited Groww IPO, which will test investor appetite for India’s new-age fintech stocks amid a wave of regulatory and market volatility. Alongside, a handful of smaller SME issues will also hit the market, keeping retail investors engaged. With around Rs … Read more
Eyewear retailer Lenskart Solutions Ltd. and financial services firm Billionbrains Garage Ventures Ltd. are set to raise a combined $1.7 billion via initial public offerings later this month, people familiar with the matter said, adding to India’s deluge of stock listings. SoftBank Group Corp.-backed Lenskart plans to launch an IPO worth about $900 million, while … Read more