Why we are in a season of IPO drought2 min read . Updated: 15 Jul 2022, 12:40 AM IST
The quiet phase is mainly because of intensifying geopolitical tensions, rising inflation worries, and global growth concerns that have rattled the equity markets.
MUMBAI : There is a lull of initial public offerings (IPOs) after a storm last year. Consolidation over the past few months have made it tough for companies wanting to tap the capital markets to raise funds. As a result, there has been a dearth of IPOs for more than a month. This is the longest dry spell since May 2021, the only month in last year’s IPO boom when no public issue hit the primary markets.
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