Investor sentiment towards equities, particularly IPOs, continued to improve, buoyed by the strong aftermarket performance witnessed in 2023,” said Murthy Grandhi, company profiles analyst at GlobalData.
Investors, the report suggests, are shifting towards larger, more valuable IPOs at the global level despite the reduced number of listings thus far in 2024.
In the Indian context, a clutch of companies that includes auto major Hyundai Motor India, Swiggy, Hexaware Technologies, NTPC Green Energy, Afcons Infrastructure, Tata Play, and Vishal Mega Mart aim to raise nearly Rs 60,000 crore via IPOs over the next few months.
The story "822 IPOs globally aimed to raise $65bn till August; India tops APAC tally" has 542 words across 16 sentences, which will take approximately 3 - 5 minutes for the average person to read.
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The story "822 IPOs globally aimed to raise $65bn till August; India tops APAC tally" was covered 5 hours ago by Business Standard, a news publisher based in India.
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