India’s first $1B-class IPO this year (SBI Funds Management Ltd.) is set to deliver one of the weakest payouts to its underwriters among large Indian debuts. The article signals a comparatively poor outcome for the nine banks managing the deal, which may temper near-term investor/underwriting sentiment toward similar large IPOs in India.
India’s first $1B-class IPO this year (SBI Funds Management Ltd.) is set to deliver one of the weakest payouts to its underwriters among large Indian debuts. The article signals a comparatively poor outcome for the nine banks managing the deal, which may temper near-term investor/underwriting sentiment toward similar large IPOs in India.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialOverall Sentiment
mildly negative
Sentiment Score
-0.35
