India had a flood of listings in 2023, which hit a nine-year high of 238 with $7.35 billion raised. Could 2024 set a new record?
A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise.
"I expect a record-breaking year for India with a significant number of IPOs and private equity exits," Neil Bahal, founder of Negen Capital"The IPOs are not because some tech company guys think they should raise money from the stock market instead of from private equity. There is amazing fundamentals in equity markets with supportive policies from SEBI , retail participation and broad-based opportunities," he said.
Sengupta's pick of Aakash Educational Services is unusual given that it has inadvertently been embroiled in its parent company. What sets Aakash apart, however, is that it has been doing "exceptionally well," with several of its students acing their examinations, the wealth manager said. Word on the street is that the company will go to market this year to "quickly raise some funds," he added.
India's bourse is no stranger to the listing of foreign companies' Indian entities thanks to the likes of
Rollatainers Ltd Tantia Constructions Ltd Nippon India ETF Nifty PSU Bank Bees BSE Ltd US Dollar/Indian Rupee FX Spot Rate HDFC Bank Ltd One 97 Communications Ltd India Internet & Ecommerce ETF S&P 500 Index Qualcomm Inc Tata Consultancy Services Ltd Teleperformance SE Ishares MSCI ACWI ETF Ishares MSCI India ETF CNX Nifty Index S&P BSE Sensex Total Return Index Elon Musk DXY US Dollar Currency Index Global X India Active ETF Reliance Industries Ltd Mankind Pharma Ltd Walmart Inc Maruti Suzuki India Ltd Hindustan Unilever Ltd Siemens Ltd ABB India Ltd Life Insurance Corporation Of India Awfis Space Solutions Ltd Tbo Tek Ltd Roche Holding AG Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNBC's Inside India newsletter: Modi's loss could be India's gainWall Street analysts expect Indian stock markets to rise 12-15% annually over the next five years.
Read more »
CNBC's Inside India newsletter: Modi's loss could be India's gainWall Street analysts expect Indian stock markets to rise 12-15% annually over the next five years.
Read more »
CNBC's Inside India newsletter: What's next for India's regulators?One area that has caught regulators’ attention is the rapidly growing derivatives market, particularly futures and options trading.
Read more »
CNBC's Inside India newsletter: What's next for India's regulators?One area that has caught regulators’ attention is the rapidly growing derivatives market, particularly futures and options trading.
Read more »
CNBC's Inside India newsletter: Could markets sink even if Modi wins?Although the counting of ballots will only begin on June 4, exit polls by local media outlets are likely to pour in soon after voting finishes on Saturday.
Read more »
CNBC's Inside India newsletter: The secret of the stock market rallyCard-description
Read more »