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IPO market likely to stay bullish in April-June 2021 as 20 cos file DRHP

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https://ift.tt/eA8V8J Initial public offerings (IPO) activity in India jumped massively in the January-March period of 2021, fuelled by ample liquidity, robust demand and investor appetite. On the BSE and NSE, there were 17 IPOs in Q1CY2021 as compared to 1 IPO in the same period last year and 10 IPOs in Q4CY2020. As regards SME markets, there were 5 IPOs in Q1 2021 versus 11 and 9 IPOs in Q1 2020 and Q4 2020, respectively, representing a decrease of 55 percent and 44 percent as compared to Q1 2020 and Q4 2020 respectively. India ranks ninth globally in terms of the number of IPOs year-to-date (YTD), according to EY India IPO Trends Report: Q1 2021.

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IPO market likely to stay bullish in April-June 2021 as 20 cos file DRHP IPO market likely to stay bullish in April-June 2021 as 20 cos file DRHP Reviewed by Manish Pethev on April 23, 2021 Rating: 5

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