India: Market volatility to affect IPO valuations of small, mid-sized firms

India: Market volatility to affect IPO valuations of small, mid-sized firms

The volatility in Indian stocks in the past few weeks is expected to impact the valuations of small and medium-sized companies that are preparing to launch their initial public offerings (IPOs).

Since 2015, a majority of the 94 companies that have launched IPOs for listing of their stocks on the main boards of exchanges are small and medium-sized companies, data from stock exchanges shows.

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