India’s IPO boom is increasingly funding debt repayment over growth initiatives. Data reveals that nearly a quarter of funds raised in recent share sales are allocated to paying off borrowings, surpassing capital expenditure. This shift suggests companies are prioritizing balance sheet repair and liquidity for insiders rather than investing in new projects.
7 investing lessons from Jim Leitner for building the right market mindset
Leitner believes investors should remain open to new ideas and recognise that markets can challenge even experienced participants.