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IPO pipeline may moderate in Samvat 2075 over weakness in secondary market

A total of 30 companies raised Rs 510 billion in Samvat 2074 surpassing the previous year's tally of Rs 489 billion, data sourced from Prime Database shows

IPO
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Sundar Sethuraman Mumbai
After back to back blockbuster years, the initial public offering (IPO) market is expected to witness moderation in activity in Samvat 2075. Weakness in the secondary market and political uncertainty are expected to weigh on new issuances in the coming months, say experts.
 
A total of 30 companies raised Rs 510 billion in Samvat 2074 surpassing the previous year’s tally of Rs 489 billion, data sourced from Prime Database shows.
 
Market players say the sharp correction in small- and mid-cap stocks and spike in volatility is forcing companies to hold back their IPO plans. Experts say there will

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