World’s biggest market for sub-$100 million IPOs booms in India

Investors in India are turning to small companies offering up to $100m in stock sales as the country hosted 92 such listings this year, the most in the world, according to Bloomberg data. After recent large IPOs such as paytech start-up Paytm and the nation's largest insurer, which both lost investors money, investors are seeking the higher returns of smaller firms fueling India's economy thanks to a five-month market rally.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KbReADW