(Bloomberg) India has turned into Asia’s hottest market for share sales including initial public offerings, and as elections come to a close, a bumper crop of deals is poised to set a record as investors seek to tap the rapid growth in the region’s third-largest economy.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Donald Trump Becomes First Former US President Guilty of CrimesHere Are th
India has emerged as the top market for IPOs in Asia, having raised $3.9 billion so far in 2024. Post-election, IPO activity is also expected to exceed $20 billion over the next two years as confidence in India s growth prospects rises.
About $3.9 billion has been raised in India via IPOs so far this year, more than double the same period in 2023, and a tally thats higher than the combined amount raised in South Korea and Hong Kong, according to data compiled by Bloomberg.
India bankers brace for IPO surge as election uncertainty lifts moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Several high-profile companies and startups including Tata Capital, Hexaware, Ola Electric, and Swiggy are preparing for their public market debut in 2024-25.Investment bankers expect the IPO lineup in FY25 to be twice as many as in FY24, including some that are expected to exceed $1 billion