IPO Valuations Dip in India as Local Funds Flex Pricing Muscle

🇮🇳 Bloomberg (IN) —

AI Summary

Indian domestic investment funds are using their growing influence to push down valuations for companies seeking IPOs, including major offerings. The tougher pricing stance comes as the broader stock market struggles.

India’s domestic funds are driving a harder bargain on IPO pricing, using their growing clout to rein in valuations even for the biggest deals as the broader stock market struggles.

Markets Deals India IPOs valuations domestic funds equity markets pricing

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