India’s IPO Boom Cools as Weak Markets Force Issuers to Cut Back
India’s initial public offering boom is fading, with proceeds down by a fifth from a year earlier as companies cut deal sizes, accept lower valuations and delay listings, raising doubts...
By Rajesh Mascarenhas · Bloomberg Markets
India’s initial public offering boom is fading, with proceeds down by a fifth from a year earlier as companies cut deal sizes, accept lower valuations and delay listings, raising doubts about sustaining momentum after two record years.