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IPO Alert! 3 Companies Including PharmEasy Get The Green Light

IPO Alert! 3 Companies Including PharmEasy Get The Green Light

NDTV
Wednesday, February 23, 2022 10:03:14 AM UTC

The strong momentum in India's IPO market is poised to continue with the market regulator approving the IPOs of three firms including PharmEasy.

2021 was a ground-breaking year in terms of initial public offerings (IPOs). But 2022 has kicked off on a sour note.

Over the last few weeks, Indian stock market has been turbulent.

Investors are facing geopolitical risks, imminent interest rate hikes by the US Fed, high inflation, supply chain disruptions, a liquidity crunch, and peak valuations. This is bound to affect the primary and secondary markets adversely.

While the markets may remain choppy for some time, an attractive lineup of IPOs has already been announced.

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