The IPO market in India has been steadily growing from 2015 and the trend continues in the first quarter of 2017. 2015 saw 21 companies raising 13,564 and in the next year, about 26 companies garnered nearly twice that amount at 26,000 crores. In the first quarter of 2017 some 21 companies have applied to SEBI for approval of IPOs totaling to about 11,000 crores. The market regulator has already approved some of these and the premiums over the issue price have been pretty attractive.
Markets look surprisingly positive
As at the beginning of March, 2017, the stock markets are looking[....]