The next two years will see the highest activity in the IPO sector in India

MUMBAI: Fund raising activity by companies in India will be the strongest ever in the next two years. Not only corporate groups, tech companies and financial service providers will be looking for capital for growth, companies are also ready to grab the current opportunity, said a senior official of Bank of America Corp.'s investment banking in India in an interview.
If 2023 was the year of block trades, 2024 will be the year of Initial Public Offerings (IPO). This pace is expected to be maintained in 2025 as well.
Both 2024 and 2025 will be seen as very busy years for IPOs so far. In addition to tech companies, some Indian subsidiaries of multinational companies will be seen among the companies bringing IPO.
India's equities benchmark indices have risen over the past eight years and the level of retail investors has also been steadily increasing. A strong economy provides favorable opportunities for IPOs.
The economic growth rate of India is expected to be 6.50 percent in 2024 and 6.70 percent in 2025 by IMF.
While China is currently struggling to cope with the crash in the stock market and the turbulent state of the property market, India is on the path of progress, due to which foreign investors are also eager to pour billions of dollars here.
Most of the private equity funds are looking for an investment base other than China. India is being seen as a separate market, the official further said.
It is to be mentioned here that in terms of number of IPOs in 2023, India was at the top globally.
Comments
Post a Comment