NBFCs are witnessing spurt in demand for loans to invest in IPOs following success of Equitas, attractive grey market premiums
Volume focus , asset-light model help generate strong cash flows, profitability
These shares would be sold by the company's existing shareholders, including A Velumani HUF and Anand Velumani
With e-commerce, payments banks and general insurance companies entering the market, investors will have to work on their understanding of these sectors
The performance of IPO, however, is a mixed bag, with 12 stocks in the green and 12 in the red compared to their IPO price
Meanwhile, in 2015, the Indian IPO market saw significant momentum after a gap of nearly four years
Overall equity capital raising, however, dips 17% over previous fiscal
21 companies have raised Rs 13,330 crore through IPOs between April 2015 and February 2016, data suggests
According to sources, the company is expected to hit the Dalal Street in the first half of April
The IPO of HCG will open on March 16 and close on March 18, while that of Bharat Wire Ropes will begin on March 18 and conclude on March 22