Amidst the ongoing decline of the last few months in the stock market, the stir in the initial public offer ie IPO market has reduced. However, CITI’s investment banking head Rahul Saraf says that the IPO market can be larger than 2024 in 2025. In the ‘Moneycontrol Global Wealth Summit’ held in Mumbai on 7 March, said, “In the next 12 months, there are about ₹ 1.5 lakh crore in the pipeline, which have already been approved, soft-mandated or coming soon.” However, he also admitted that there is instability in the stock market at this time. In such a situation, many companies can consider the timing of the IPO. Saraf admitted that due to the current weakness of the market, companies can adopt the option to postpone their IPO for 3-6 months. In particular, the IPOS Jin is being brought to the offer-for-cell (offs) model. OFS means that these companies do not need to raise capital immediately for their business. In such a situation, she can wait for a better market condition. He said, “If the market is soft, as it is today, they have the facility to postpone for three to six months if needed.” The IPOs of 2024 were recently the last year IPO market was initially quite encouraging, but later it proved to be a defamation deal for many investors. More than 70% of IPOS in 2024 are trading below their listing prices at this time, while shares of 45% companies have gone below their issue price. In a separate conversation on the newspapers concerned, Saraf also spoke on the listing of government companies. He said that the government should focus on selling more stake than new listing this year. He said that most of the big government companies of India, which have been attained the status of Maharatna and Navratna, are already listed in the stock market. He said, “The government has made a program to reduce its stake in these companies gradually and we believe it will continue.” Saraf said, “Today, very large or private-owned government companies are not left for listing.” Read also- Bonus Share: 1 new share is going to be available on every 2 stocks, free, 10 March is record Detaudisclaimer: The ideas and investment advice given by experts/brokerage firms on Moneycontrol is their own. Moneycontrol advises users to consult a certified expert before making any investment decision.
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