“Increase in these overseas issuances is driven by offshore investors seeking INR fixed income and foreign exchange exposure as a proxy to buying G-secs (government securities) via the FPI (foreign portfolio investment) route, without having to contend with local operational and taxation related aspects,” said Siddharth Bachhawat, head-markets at Barclays India.
$1.86 billion worth of IPO shares set to unlock in July: Nuvama Report
A substantial $1.86 billion in pre-IPO shareholder lock-ins is expiring in July 2025, potentially altering the ownership structure of several recently listed firms. Nuvama Institutional