The Indian stock market is a candidate to add $ 3 billion dollars thanks to the IPO boom
JM Financial, the Council of Directors and the managing director of JM Financial, said that the subscription look in India could contribute between two trillion and three trillion dollars to the market value during the next decade. “India is about to become the most attractive and exciting market in the world,” Campani added in an interview in Mumbai. Initial public proposals raised more than $ 6 billion this year, according to data monitored by “Bloomberg”. The share of HDB Financial Services -‘n non -bank financing for the largest private bank in India “HDFC Bank” -onver 1.5 billion dollars in the initial offer, the largest public subscription for this year, and “JM Financial” was one of the most important banks that contributed to it. ICICI Prudential Asset Management applied for a preliminary public offer with the aim of raising up to $ 1.2 billion. Investors bet on India, investors bet on the potential for growth in India, based on the momentum caused by record levels of transactions over the past year. About $ 21 billion was raised by primary public proposals in 2024, including the largest listing in the country’s history by the unit of the local Hyundai car, in addition to two other proposals exceeding the value of each billion dollars, according to data. Also read: India’s entry boom makes 7 billionaires in 2024, although some judgments may look high in the short term. Campani believes that investors can achieve major returns in the long run. The standard “Neifte 50” index in the Indian stock market achieved about 8% profits this year after recovering from the lowest levels in March. Campani suddenly pointed out that the price power was moved to local investors in shares, after being in the hands of foreign investors a decade before. Investment banker at JM Financial said: “The rise of a strong local capital was already unexpected.” More size Campani explained that there are more expected transactions in different sectors, including renewable energy, consumer goods, retail, pharmaceutical, manufacturing and financial services. He added: “We have the most powerful group of possible offers ever,” and note that the size of the transactions is increasing, as an increasing number of them exceeds the hindrance of a billion dollars. India continues with the momentum of public subscriptions with a prospective offer of a company for renewable energy from the government. More details here and below the upcoming primary public proposals, Tata Capital – the non -bank financing arm of the “Tata Group” group – plans to raise about two billion dollars, which can make it the largest stock market insertion for the current year. Vonpe is also preparing for “Lamart” – the largest digital payment services provider in India – to provide initial documents for launching that could raise up to $ 1.5 billion, according to a previous report to “Bloomberg”. LG Electronics is studying a provisional public offer to the Indian unit as soon as possible as soon as possible, according to people who are familiar with the matter. High merger agreements and acquisitions have said that the integration and procurement activity is also increasing, with the involvement of both businesses and investment institutions actively in the conclusion of transactions, although the implementation of acquisitions becomes more difficult in view of the high reviews. According to data collected by “Bloomberg”, the amount of integration and acquisition agreements that include Indian businesses reached about $ 31 billion, an 18% increase compared to the same period last year. These transactions include the acquisition of the French consulting company “Capgemini” on the outbreak business “WNS Holdings” in the field of information technology, compared to $ 3.3 billion, and the Torrent Pharmaceuticals on a controlling share in “JP Chemicals & Farmasations” (JB Chemicals & Pharmaceuticals) of the ” $ 1.4 billion. “It is likely that the transactions in India will maintain a strong pace, with the continued growth of the economy.”