India’s primary market is gearing up for a massive fundraising spree, with over $50 billion worth of IPOs expected to hit Dalal Street over the next 12–18 months. This wave of equity supply, driven by both private equity exits and fresh fundraising by Indian corporates, is likely to test the market’s appetite and resilience. According … Read more
Mumbai: The buoyancy in the primary market continued with the initial public offerings (IPO) of Clean Science and Technology and G R Infraprojects, which closed for subscription on Friday, witnessing strong investor appetite. Clean Science’s ₹1,546-crore issue was subscribed 96 times while the ₹963-crore offering of GR Infra received bids 105 times the issue size. … Read more
The first week of July also showed continuation of the momentum that we saw in June but now in the second and third week of July, things are probably tapering off a bit, says the CIO of Max Life Insurance. Last time we spoke you were still a little cautious and valuations were continuing to … Read more