The latest edition of BW Businessworld, releasing on July 1, 2023, tracks the initial public offerings (IPOs) market and the forecasts for this year. The year has an impressive pipeline of IPOs in the second half of 2023 and beyond. It is estimated that the IPO market will raise more than Rs 1 lakh crore in capital markets during the next ten months. Furthermore, the issue throws light on the sharp rise in retail investors in Demat accounts, as well as its significance to the IPO market.
To discover the viability of the IPO market, BW Businessworld team scrutinises the sector and interacts with industry experts.
Rise of IPOs
In an exclusive interview with BW Businessworld, Robin Raina, Chairman, EbixCash addresses the major areas where the IPOs will be fully executed, in addition to the expansion of business sectors in this fiscal year. He touches on his belief in maintaining a simple financial vision, focusing on the selling price being far greater than the cost price to attain profitability. Furthermore, he adds that since the inception of EbixCash, profitability accompanied by growth has always been their primary objective, and they intend to continue doing the same as done in the past 23 years. Raina also emphasises the significance of differentiation EbixCash has created for itself, whether it is the business based on platform as a service product that works in conjunction with technology or the extensive customer diversity they have created for the organisation to ensure consistent profitability.
The latest issue also highlights the market's return to IPO optimism, with insights from industry leaders such as Samir Bahl, CEO of Anand Rathi Investors; Veenit Surana, Partner at EY India; Dara Kalyaniwala, Executive Director, Investment Banking, Prabhudas Lilladhar Capital Market (PLCM), and others. In this issue, BW Businessworld explores what will be different this time in IPOs and the positive trajectory that will emerge.
Largely, this issue focuses on the market's return to IPOs and the purposeful attempt to expand significantly in the coming months.
The Road To Rise
The recent issue 'Road to IPOs Begin Again' draws attention to Healthvista India and IndiaFirst Life, emphasising the healthcare and BFSI industries joining forces with the introduction of IPOs in their respective sectors and observing significant growth.
The exclusive conversation with Meena Ganesh, Co-founder & Chairperson, Portea Medical, highlights the company's debut on the BSE and NSE under the parent company, Healthvista India, along with the proposed listing plan of its overall strategy to maintain its leadership position in their respective sector. On the other hand, the interaction with R.M. Vishakha, Managing Director & CEO, IndiaFirst Life addresses its remarkable performance throughout the fiscal year 2022 by taking the proposed listing path, in addition to the current technological strength they hold.
Moreover, the issue also features a column by Prahlad Singh Patel, Minister of State, Ministry of Food Processing Industries and Jal Shakti. The column talks about ‘Nine Years of Vikasvaad’ under the regiment of PM Narendra Modi and how the past nine years had been a dedication towards inclusivity, progressiveness, and towards sustainable development.
The Future Ahead
This issue considers student's institutional preferences for specific courses. For courses in engineering, the emphasis is on the Indian Institutes of Technology (IITs). It underlines and engages with the institute's different branches, including IIT Madras, IIT Roorkee, IIT Guwahati, and IIT Kanpur.
Furthermore, this issue focuses on 'Engineering in the Age of AI' and the manner engineering campuses are gearing up for the impact of the advancing technology, along with the strategies they are devising on the ground to create the future of the students. It highlights the impact of technology in engineering institutes, emerging engineering arenas introducing other disciplines, and the challenges they face in the present scenario.
Additionally, the issue features an exclusive interview with P.B. Sharma, Vice Chancellor, Amity University Gurugram, emphasising the immense potential accessible to students because of the global technological revolution. On this subject, he also addresses the institution's emphasis on preparing students to be multitaskers and future-ready. The interaction focuses extensively on the development of university students in the age of artificial intelligence.
Moreover, BW Businessworld ranks the top engineering colleges and universities based on pedagogy, research, and overall experience for aspiring engineering students.
Click here https://rb.gy/frhf2 to read the e-magazine of BW Businessworld on ‘The IPO Market and the expectations held for the year along with its exclusive additional supplements on the road of IPOs along with India’s top engineering colleges.
About BW Businessworld
BW Businessworld, with its 43 years of legacy, is the fastest-growing 360-degree business media house in India. With a network spanning across 23 niche business communities and 10 magazines, BW Businessworld is proud to be entrenched in various verticals in the domestic as well as global business, that organize conferences and forums to facilitate interaction between sectoral business leaders and create a conducive environment for collaboration. All BW issues are also fully digitally covered, including online stories and video stories and eMagazine is also available for every issue.