With many big companies likely to hit the primary market, 2020 could be far better than 2019. In fact, it could be the best in the past five years, as suggested by experts who Moneycontrol spoke to.
Only 17 companies launched their IPOs in 2019. Dinesh Engineers withdrew its public issue due to weak market conditions during the year 2019. Hence, 16 firms (against 24 companies in 2018) raised Rs 12,362 crore in total. The year 2020 is expected to be completely different as at least 20 companies will come out with their IPOs and the size could be far more than those launched in 2019, experts feel.
