Deem Roll Tech shares debut with a 55% premium on the NSE SME platform. The IPO receives strong response from investors. The net proceeds will be used for the expansion of manufacturing unit in the iron and steel rolling mill industry. The Indian steel industry offers good potential for roll manufacturers.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next