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Expect more IPOs in 2022 than in 2021, even LIC could debut next year: Mohit Ralhan of TIW PE

It is likely to be the start of multiyear bull cycle as India moves towards becoming a $5 trillion economy.

August 03, 2021 / 12:22 PM IST

Mohit Ralhan, Managing Partner and Chief Investment Officer at TIW Private Equity said the successful IPO of Zomato has indicated the maturing of India's startup ecosystem and is likely to open the floodgates for many more such IPOs of Indian unicorns.

2021 can be a new record year and 2022 is expected to be even bigger, he told Moneycontrol's Sunil Shankar Matkar, in an interview.

"As far as LIC IPO is concerned, it is likely to happen in 2022 since the government has indicated that it is looking to divest National Fertilizer, Mishra Dhatu Nigam and Rashtriya Chemical & Fertilizers before the IPO of LIC," he said.

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