Nexus -
info_outline
Stay signed in to save your points and redeem your rewards at Nexus

Your Rewards are Waiting!

Stay signed in to save the points you've earned. Click on the points to redeem your rewards at Nexus before they expire.

Login In Now
Markets

India IPO market gears up for bigger debuts

A gig worker waits to pick an order outside a Swiggy's grocery warehouse at a market area in New Delhi, India, May 6, 2024. REUTERS/Priyanshu Singh

New Delhi: Indian companies are testing investors appetite for bigger initial public offerings (IPOs) after recent debuts raked in multifold gains.

At least three IPOs of more than US$1bil each are in the pipeline, with SoftBank-backed food-delivery platform Swiggy Ltd, as well as Indian units of LG Electronics Inc and Hyundai Motor Co planning to tap the market.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
India , IPO , Swiggy , LG , Hyundai Motor

Next In Business News
Charting a new growth phase
Jewellery is out, gold bars are in
Divided over AI fears
Branching out beyond palm oil
Indonesia faces an investor exodus
Indonesia’s burning issue
Stocks favoured despite rising risks
Safe havens face fresh test
Rate normalisation in focus
Sitting pretty in China

Trending in Business

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read

    Load more

    Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

    Best viewed on Chrome browsers.