2019 is a weak year in terms of IPOs: raising money at the bottom of four years
Mumbai, Ta. December 26, 2019, Thursday
In the wake of the impact of the economic downturn, Initial Public Offerings (IPOs) in India have fallen to a four-year low in value. But analysts are expecting a good year for IPOs in view of the government's potential reform program.
In the 5th, companies raised $ 5.5 billion through IPOs, a four-year low. The number was $ 8 billion in 1 and $ 8 billion in 1.
From the perspective of the IPO market, 1 year has been a bad year, ”said one analyst. Due to various setbacks, such as corporate failures and bankruptcies, the situation has slowed down.
The financial and industrial sectors have led the decline in IPOs. The amount of money raised through IPOs has dropped by fifty percent. The Nifty4 Index so far has improved by more than 5% in the current year.
In the last three months, the government has taken several necessary reform measures. Not only this, the performance of IPOs in the current year is also showing good, which is why the outlook for IPOs in the 5th is promising.
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