AFTER A RECORD â¹1.6 lakh crore raised through initial public offerings (IPOs) in 2024, more companies are expected to tap the primary market in the coming year, despite the not-so-rosy outlook for equities next year.
Experts anticipate companies to mop-up around â¹2 lakh crore with the present IPO pipeline already at â¹1.58 lakh crore.
Any investment banker would tell a company to get listed with the current valuations in the market, said Andrew Holland, CEO at Avendus Alternate Strategies LLP.
"Given the valuations you get in the marketplace now, for any company that is not listed, this is an opportune time to get a high rating. If you don't use these kinds of valuations to get listed now, then you might be waiting a long time afterwards," Holland said.
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