PE-backed firms ride NSE, Jio tailwind to launch IPO roadshows
New Delhi, June 24 -- Days after the big-ticket initial public offerings of the National Stock Exchange of India Ltd and Jio Platforms Ltd were filed with the markets regulator, investment bankers are betting on a positive liquidity sentiment to launch roadshows for other private equity-backed IPO mandates, multiple people aware of the matter told Mint.
Merchant bankers for at least five to six PE-funded companies, including KKR-backed InCred Holdings Ltd, Everstone-backed Integris Medtech Ltd, and Bain Capital-backed Dhoot Transmission Ltd, are said to be finalizing documentation to launch investor roadshows within weeks, two people directly aware of the matter said, on condition of anonymity.
"The back-to-back DRHP (draft red herring ...
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