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The Nexus
BUSINESSAug 3 · 01:30 UTCBLOOMBERGRajesh Mascarenhas

India’s IPO Boom Cools as Weak Markets Force Issuers to Cut Back

India’s initial public offering boom is fading, with proceeds down by a fifth from a year earlier as companies cut deal sizes, accept lower valuations, and delay listings. This trend raises doubts about sustaining momentum after two record years.

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