In August, India’s IPO market witnessed a remarkable recovery, becoming the most active month in nearly a year. Over twenty companies successfully raised more than twenty-one thousand crore rupees through public offerings. This revitalization comes after a quieter first half characterized by market instability and concerns over valuations. Positive market sentiment, coupled with strong performances from recent listings, has encouraged a significant number of companies to prepare for their IPOs.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said