It's been a dream run on D-Street. As 2023 nears its end, the market rally has not only attracted a record number of retail investors to equities, but also triggered a rush among promoters to take their companies public. A vibrant primary market has been added draw for investors from around the world. Hopes of political stability, expectation of a soft landing, rate cuts in India and the US in 2024 and expectations of very strong earnings growth in FY25 have kept the bull run unhindered. What were the top IPOs of the year? Which were the most subscribed? Catch Nickey Mirchandani with more details.
GMR Infrastructure plans to raise up to Rs 2,500 crore through issuance of equity shares, equity linked instruments, debentures or any other securities.