IPO Market

Topic: IPO status in Indian Economy

Recent Economic slowdown in U.S, easy ECB( External Commercial Borrowing) norms, low investment in stock-market, high inflation rate,  has hugely affected the IPO market in 08.

According to Assocham Eco Pulse study, there had been decline in the primary markets and the number of offerings made are one each in April and May.

Companies are postponing their IPO offerings because of the slow down of economies among the leading powers of world and also because of ECB norms. According to some result the IPO market would return to its previous state in the last quarter of year, due to stability being reached with respect to inflation rate as a result of corrective measures taken by government. The number of offerings is only 19 compared to last year’s 44 in the first five months.

Source: The Hindu, Business