look news india
Mumbai: Fund raising activity by companies in India will be the strongest ever in the next two years. Not only will corporate groups, technology companies and financial service providers be looking for capital for growth, but companies will also be ready to take advantage of the current opportunity, a senior official of Bank of America Corp's investment banking in India said in an interview. Are.
If 2023 was the year of block trades, 2024 will be the year of initial public offerings (IPOs). This momentum is expected to continue in 2025 also.
Both 2024 and 2025 will be seen as very busy years for IPOs so far. Apart from tech companies, some Indian subsidiaries of multinational companies will also be seen among the companies bringing IPO.
India's equity benchmark indices have risen over the last eight years and the level of retail investors has also been rising. The strong state of the economy provides favorable opportunities for IPOs.
IMF has expected India's economic growth rate to be 6.50 percent in 2024 and 6.70 percent in 2025.
While China is currently struggling to deal with the fall in the stock market and the turbulent situation in the property market, India is on the path of progress, due to which foreign investors are also eager to invest billions of dollars here.
Most private equity funds are looking for an investment base other than China. The official further said, India is being seen as a separate market.
Let us tell you here that India was at the top globally in terms of the number of IPOs in 2023.