“I think IPOs have taken a breather but it will be probably three to six months away from coming back,” Debasish Purohit, co-head of India investment banking at Bank of America, said in a Bloomberg Television interview on Wednesday. Some of last year’s IPO activity has more recently given way to sales of secondary shares, which are quicker and give holders a chance to monetize their stakes, Purohit said.
Q4 results today: What to expect from Adani Ports & Apollo Hospitals
Adani Ports is expected to register a 31% growth in revenues to Rs 5,028 crore with an 80% profit rise to Rs 1,842 crore in