investment banker

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

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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

Hyundai Motor gearing up to drive into Indian capital market

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Hyundai Motor gearing up to drive into Indian capital market

The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for an initial public offering, said people familiar with the matter.If successful, this would mark the first IPO by an automaker in India in more than … Read more