India’s primary market continues to remain active with several new IPOs and listings scheduled over the coming week. Apart from the successful SBI Funds issue, investors are also tracking upcoming offerings such as Xtranet Technologies, Cube Highways Trust InvIT and multiple SME public issues.
Investment bankers expect fundraising activity to remain strong during the second half of the year as improving domestic liquidity and stable investor sentiment encourage more companies to access the capital markets. Market experts advise investors to focus on business fundamentals, earnings visibility and valuations while evaluating new public offerings.
