Indian IPOs in 2018 aimed at offering exit route to PE funds, shows data

Indian IPOs in 2018 aimed at offering exit route to PE funds, shows data

Photo: Mint

Though the primary markets have seen hectic activity in the first half of 2018, there has been no change in demand for fundraising through initial public offerings (IPO). The heavy rush for IPOs is driven by offers for sale, which gives an exit route to private equity (PE) players or existing shareholders, data showed.

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