Q1 IPO 2021: 11 Indian & American Businesses Gone Public
Initial Public Offering (IPO) is the process of private companies going public to raise capital from public investors. In layman's terms, private companies' shares are traded to the public. Individuals can consider investing in IPOs as it gives them entry to the foundation of a private company with a high growth rate. Experts believe that investing in IPOs can be a lucrative consideration over time. Further, the benefits can be used for retirement planning or investing in property. The Indian IPO market is growing; in 2020, over Rs, 25,000 crores were raised by Indian IPOs.
Here's a list of 11 companies across different sectors from India and the United States who went public in 2021 (up until April):
Kalyan Jewellers
Founded in Thrissur, 1993, Kalyan Jewellers is an Indian jewelry chain ...