Rising interest rates also do not bode well for Indian businesses as they will make raising funds via debt costly
IPO of LIC | IPO | Indian companies QIP
Puneet Wadhwa |
Last Updated Jun 27, 2022 10:07 IST
Uncertainty in the secondary markets is likely to cast a shadow over primary market activity as well in the coming months, analysts said, who believe India Inc will delay listing or change its fundraising plans. So far in the calendar year 2022 (CY22), initial public offerings (IPOs) from 16 companies have hit the high street and raised a total of Rs 40,311 crore through May 2022, according to data from Prime Database.
ALSO READ: UBS expects retail flows to equity markets to slow amid rising rates
TO READ THE FULL STORY, SUBSCRIBE NOW FOR JUST RS 249 PER MONTH.
Key stories on business-standard.com are only available to premium subscribers.
Already a premium subscriber? LOGIN NOW
SUBSCRIBE TO PERSPECTIVES
What do you get on Business Standard Premium?
First published: Monday, June 27, 2022. 10:07 IST