India’s primary market continues witnessing strong activity, with several mainboard and SME public issues open simultaneously. Besides SBI Funds Management, Alpine Texworld and Millworks Technologies have also entered the market, reflecting healthy fundraising activity despite volatile equity markets.
Investment bankers expect the IPO pipeline to remain robust during the second half of the year, supported by healthy domestic liquidity and improving investor participation. Companies with strong financial performance, reasonable valuations and clear growth strategies are expected to receive the strongest response from investors.
