A bunch of new-age companies are proposing to list in India, says Atul Mehra, managing director and co-chief executive officer (investment banking), JM Financial. In an interview, he tells Ashley Coutinho that more companies will prefer a domestic listing as it will bring more visibility. Edited excerpts:
A number of firms have tapped the market for initial public offerings (IPOs) this year. What are the reasons for this renewed optimism?
The euphoria on IPO Street has been fuelled by excessive liquidity flowing from generous stimulus measures of central banks. Investors also believe in India’s stronger-than-expected economic recovery, healthy earnings growth, and low