The initial public offering (IPO) landscape in India is set to witness a change because of Hyundai Motor India Limited's (HMIL's) mega issue.
So far this year, primary share sales have commanded the IPO space, accounting for 52 per cent of total issuances -- the highest share since 2012. However, HMIL's entirely secondary share sale, worth ₹27,870 crore, signals a reversal.
Following HMIL's offering, the primary share sale component in 2024's IPO activity is expected to drop to 36.5 per cent. Despite this decline, experts maintain that the robust fundraising of over ₹33,772 crore via fresh share sales reflects continued strong demand for growth capital.
Esta historia es de la edición October 16, 2024 de Business Standard.
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Esta historia es de la edición October 16, 2024 de Business Standard.
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