Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next few years, one of the biggest investment bankers said on Tuesday. The market, which has seen a slew of initial share sales this fiscal, has already witnessed USD 21 billion … Read more
Mumbai: A Securities and Exchange Board of India (Sebi) panel focused on primary market reforms is considering changes to the way in which promoters are defined for companies looking to launch initial public offerings (IPOs). The committee is proposing that companies must show the basis on which they have identified promoters in their draft offer … Read more
MUMBAI: Investment bankers have had it rough in 2021 so far, despite a flood of initial public offerings (IPOs) in the country’s primary equity market. Investment banking activities generated $761.5 million in fees in the first nine months of 2021, down 5.4 per cent compared with the same period last year, data compiled by Refinitiv … Read more