India’s IPO market is booming. And it’s luring global companies to list local units

India’s IPO market is booming. And it’s luring global companies to list local units

Even as foreign investors remain net sellers of Indian equities this year, global companies are rushing to list their local business units in one of the world’s busiest IPO markets, lured by a valuation premium. Coca-Cola’s Indian bottling unit is reportedly weighing a billion-dollar float next year. The Indian division of South Korea’s CJ Darcl…

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