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Tag: trends in the primary market

Excited about the billion pipeline? Vikas Khemani says 80% of upcoming IPOs have poor business quality
Stock Market

Excited about the $20 billion pipeline? Vikas Khemani says 80% of upcoming IPOs have poor business quality

India’s record-breaking IPO year is drawing global attention, but one of the country’s prominent market voices says the pipeline quality gap is rapidly widening. Vikas Khemani, founder of Carnelian Capital, said after consulting with investment bankers that barely 5% of companies were worth meeting, and almost none struck the right balance between business fundamentals and […]

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