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JP Morgan: India's IPOs to reach USD 20 billion annually, becoming a new normal.
Summary
JP Morgan predicts that India's initial public offerings (IPOs) will reach USD 20 billion annually, establishing a new normal in the coming years. This signifies a robust growth trajectory for the Indian economy and increased investment activity.
Key Points
- JP Morgan forecasts USD 20 billion annual IPOs for India.
- This is expected to become an annualised run rate.
- The statement highlights the growth potential of the Indian economy.
Full Article
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 few years, one of the biggest investment bankers said on Tuesday.
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