New Delhi: At least a dozen Indian companies working on the initial public offering are now under the supervision of additional investors after the debut of the Digital Paytm payment disaster, the largest IPO in the country.
Offering on radar includes that of Orael Stays Ltd, hotel reservations operator Startup Oyo, which wants to collect almost $ 1 billion.
Other large listings include Fire Holdings Ltd., Pharmacy online pharmacy parent, and Delhivery Ltd.
logistics company.
Smaller IPO planned can have more difficult prices if there is a new taste for a new list.
Paytm Rival One Mobikwik Stock Systems Ltd.
has fallen around 40% on the gray market called.
Paytm shares have fallen by around 30% since they started trading last week, with a rebound on Tuesday not enough to remove losses from the previous two sessions.
Some companies that seek to benefit from flooding transactions in the IPO market that are booming in India so far this year may rethink the time and pricing of their problems, according to Edelweiss Financial Services Ltd.
Valuations tend to be the main sticky point for them.
Looking for knocking market.
Paytm Assessment – around 26 times the sale price for the 2023 book year – the tower above the S & P Sensex benchmark index is around 4 times.
This is an Indian IPO with the spotlight after Paytm disaster
