Very interesting development. ✅ There’s a growing trend of multinational companies looking to list their subsidiaries publicly in India to unlock value as they are likely to get higher multiples in the country. ✅Household names, including multinational companies such as Hyundai, LG Electronics, and IGI are gearing up for big-ticket IPOs on Indian bourses ✅The trend should also motivate startups to list in India in pursuit of better valuations ✅With the apparent growth potential of India's economy and the opportunities for tech companies to expand their share of the country's total market capitalisation, India is set to witness a flurry of new-age IPOs in the coming years
Interesting thank you for sharing Siva
Fascinating shift. Subsidiaries unlocking latent value via Indian listings. India's growth beckons multinationals, startups. Will incentivize local IPOs. Siva Nadarajah
Founder. We help Health Tech Companies Go to Market.
5moInteresting Siva Nadarajah. Also a few companies are choosing GCC. Saudi is number three already in terms of listed stocks/volume.