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Another Rs 45,000 cr of IPO should happen for rest of the year, says ICICI Securities’ Raghwendra Pande

Updated : September 25, 2020 14:39:07 IST

The current fiscal has already seen equity fund raise IPOs, QIPs and offer for sales (OFS) worth over Rs 80,000 crore so far, and there is a visible pipeline of approved offers worth another Rs 25,000 crore or more in the pipeline.

In an interview to CNBC-TV18, Pranav Haldea, MD of Prime and Raghwendra Pande, EVP at ICICI Securities discussed the appetite to absorb all this equity as well as whether FY21 could go down as a record year on fund raising.

According to Raghwendra Pande, the IPO pipelines are built over a period of time and he is expecting another Rs 45,000 crore of IPO for rest of the year.

Haldea said that there has been a lot of fund raising in the first 4-5 months of this year.
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