2015- A Big Year for IPOs

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saketroy2
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Joined: Mon May 26, 2014 11:23 am

2015- A Big Year for IPOs

#1 Postby saketroy2 » Mon Jan 05, 2015 10:35 am

It may be too early to comment on this but latest trends showing that 2015 might be an year big IPOs. India's leading smartphone maker Micromax Informatics is willing is dilute their minute stake and asking for RFP from top bankers and has sought help of Morgan Stanley and Goldman Sachs in rolling out the IPO of expected 3100Cr INR. Next big-wigs in the que are ..Cafe Coffee Day ( 1500 Cr ), Rashtriya Ispat Nigam ( 2500 Cr INR ), Adlabs Entertainment ( 500Cr ) and many more.

However, this would be the second attempt of Micromax to tap the Capital market and hopefully, increase in the valuation which helps in raising funds.

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