What are the IPOs that are suitable for the Indian market?
The characteristics of IPOs that are suitable for the Indian market are:
The size of float should be huge
Competitive edge should be sustainable and scalable
Valuations should be on the lower side
Should be able to generate high return on equity and also do so on the back of huge capital intake
Should have an up-to-scratch management team that's able to execute the opportunity at
hand, via a complex business plan
Should be practicing good management and governance practices, more in spirit than in
letter, which is essential to attract capital.
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