Large IPO pipeline may boost equity market and corporate capex
after close1 source ↓written by the desknot a recommendation
- equity issuances reached
- ₹2.36 lakh crore
- in FY23
- ₹0.80 lakh crore
India's equity issuance market is set to thrive with large IPOs on the horizon, as indicated by a Bank of Baroda report. In FY27, equity issuances reached ₹2.36 lakh crore, nearly tripling from ₹0.80 lakh crore in FY23. This surge is expected to enhance corporate capital expenditure as companies utilize IPO proceeds for growth.
The sustained fundraising momentum will likely keep the market buoyant, despite global uncertainties. Optimism remains strong among investors, indicating a positive outlook for upcoming IPOs.
Not investment advice. For informational purposes only.