Guess who took maximum advantage of the $10-bn IPO rush this year? w - VC Circle

The rush of initial public offerings on Indian stock markets this year has not just helped companies raise funds and private equity investors cash out of their portfolio firms. It has also helped the government drive its disinvestment programme that aims to raise a record Rs 72,500 crore ($11 billion) in the financial year through March 2018. In fact, it is the government that has taken the maximum advantage of the bull run by taking four state-run companies public and selling shares in some others that were already listed on the bourses. And there are more share […]
 

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