Indian IPO pipeline strong, other markets 'pretty dead': Link group execs

Number of IPOs happening in India probably equal to aggregate everywhere else combined, says Australia-headquartered firm

Link Intime India, a unit of Australia-headquartered Link group, is a leading registrar and share transfer agent (RTA), a Sebi-registered intermediary that maintains investor records for an initial public offering (IPO) and post-listing. Sydney-listed Link held its board meeting in Mumbai last month, marking India's strategic importance. Michael Carapiet, chairman of Link group, and Vivek Bhatia, group chief executive officer and managing director, told Samie Modak on the occasion that their India business stands out among global peers.

Here are edited excerpts from the interview.

How is the RTA business in India?

Carapiet: We've been extremely pleased with how the