Banner year beckons again after $19 billion IPO record
Vishal Mega Mart Ltd.’s trading debut Wednesday underscored this insatiable appetite for IPOs — shares of the retailer surged more than 40%. The feeding frenzy is set to roll into 2025, according to several women on the front lines.
“We are gearing up for another busy year, both in terms of IPOs and M&A,” said Sonia Dasgupta, a managing director and chief executive officer of investment banking at JM Financial Ltd.
Dasgupta was speaking during a roundtable discussion with other female leaders in Mumbai, talking about India dealmaking and their role in powering the boom.
“Organizations that are able to attract, retain and nurture women have the leverage of a bigger and better pool of talent,” Dasgupta said. Her company’s meritocratic system “always takes precedence,” which results in significant participation by women at various levels, she said.
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