India’s primary market continues to witness a strong pipeline of upcoming public issues despite heightened volatility in global equity markets. Companies from healthcare, financial services, infrastructure, manufacturing and consumer sectors are preparing to launch IPOs during the second half of the year.
Investment bankers believe healthy domestic liquidity and sustained participation from mutual funds are helping maintain confidence in the IPO market. Companies with strong corporate governance, stable earnings and reasonable valuations are expected to attract quality investor interest.
Market experts believe the pipeline will remain active as businesses continue using equity markets to fund expansion and reduce debt.
