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

Entero Healthcare sees negative listing. Should investors exit?

Entero Healthcare Solutions witnessed a negative debut on the exchanges on Friday, falling short of pre-listing expectations. Analysts said the underwhelming listing highlights concerns surrounding the company’s financial health. Entero has incurred losses in the past three fiscal years, raising concerns about its financial sustainability and profitability. It also faces challenges with negative cash flows … Read more