Budget incentives may reshape India’s IPO strategies
Companies looking to go public in FY27 are likely to pivot from debt repayment and high offer-for-sale (OFS) components towards increased greenfield capex in their fundraises, boosting fresh equity for factories, machinery and capacity expansion, multiple dealmakers told Mint. “We anticipate 10-20% rise in capex allocation in DRHPs (draft red her prospectingus) for these sectors…