Despite a sluggish start, India's IPO pipeline for 2025 looks promising.
Published in The Hindu Business Line | March 2025
Despite a sluggish start, India's IPO pipeline for 2025 looks promising.
Akhil Puri, Partner, Financial Advisory, said, "the secondary market appears to have stabilised after bottoming out. With expectations that the upcoming March quarter results will be better than the previous three quarters, this could further support the positive sentiment, ultimately aiding IPO valuations.
Firms with solid credit ratings and established market positions are well-placed to attract investments, particularly given India's strong economic growth trajectory. Also, companies cannot delay their fund-raising initiatives for long.
With strong economic fundamentals and companies strategically positioning themselves, the primary market could see renewed momentum."
