IPO pipeline faces uncertainty as market sentiment takes a big hit
The Initial Public Offering market is bracing for a slowdown as 26 companies, which have the Securities and Exchange Board of India (SEBI) approval to raise over Rs 43,000 crore between April and December 2024, are yet to launch their offerings.
The Initial Public Offering market is bracing for a slowdown as 26 companies, which have the Securities and Exchange Board of India (SEBI) approval to raise over Rs 43,000 crore between April and December 2024, are yet to launch their offerings. According to data obtained from Prime Database, 26 domestic companies received approval from the Sebi between April and December 2024, and they are yet to hit the primary market.
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