IPOs: Fresh capital raised via IPOs surges to a 9-year high, hints at private capex revival

IPOs: Fresh capital raised via IPOs surges to a 9-year high, hints at private capex revival

Mumbai: Amid massive selling by promoters and private equity players in the secondary market, fresh capital raised via initial public offerings (IPOs) in the first-half of the year has surged to the highest in nine years, indicating a slow revival in capital expenditure by India’s private sector. Of the ₹33,610 crore raised by 37 companies … Read more