Unsure if India's IPO market will recover in 2014: NSE CEO

Tags: IPO, NSE, Stock Market
India's IPO market may not revive this year unless the country sees a more

RELATED ARTICLES

sustained economic recovery, National Stock Exchange CEO Chitra Ramkrishna told a TV news channel on Tuesday.

"There is no surety that India's initial public offer market will recover in second half of 2014," Ramkrishna said. "Sustained period of economic uptick will help IPO market revive."

The IPO market remains slow, even as the Nifty has hit a string of record highs since February, which analysts attribute to a weak economy and dwindling participation by retail investors in the wake of the global financial crisis in 2008.

The NSE has seen 2 listings, with two more announced so far this year, against 6 for the whole of 2013. That's sharply below the 71 IPOs seen in 2010.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India’s relief-rescue ops in Nepal are part of Modi’s South Asia strategy

    In reacting with alacrity to the earthquake disaster in Nepal, prime minister Narendra Modi has demonstrated two things.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Taslima Nasreen

Will Saudi sex slavery ever end?

An intriguing news item was published in the Arab world ...

Purnendu Ghosh

Err all right, but hiding is wrong

We are human, and therefore, prone to making mistakes. We ...

Shona Adhikari

Art lovers in India are spoilt for choice

Recent art trends point towards the inclusion of a wider ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture