Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Choppy markets take a toll on pre-IPO share sale talks
Mint New Delhi
|May 02, 2025
Wealthy individuals often snap up shares in private deals, tempted by potentially high returns in IPOs
Turbulence in public markets has muddied another fundraising avenue for unlisted companies: Pre-IPO share sales. Wealthy individuals and institutions often snap up shares in private deals, tempted by potentially high returns in future initial public offerings (IPO). However, choppy markets have clouded many IPO plans, sparking caution at the pre-IPO stage as well.
According to bankers and lawyers working on pre-IPO deals, investors who crowded such rounds earlier now want to bullet-proof their investments.
"Investors are increasingly asking for readjusted and discounted valuations, more controlling rights or stake, and negotiating on deal closing timelines to mitigate risks associated with the current market conditions," said Vineet Shingal, a partner at Khaitan & Co., which is actively working on several pre-IPO deals.
This story is from the May 02, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
US energy giants eye India LNG network
US energy giants Exxon-Mobil Corp. and Chevron Corp. are eying entry into India's LNG infrastructure business, including terminals and pipelines, said two people in the know, even as the two nations look to thrash out differences over New Delhi's Russian oil imports.
3 mins
October 01, 2025
Mint New Delhi
Will Tata Steel's Dutch pact help cut its emissions?
Tata Steel signed a pact with the Netherlands government on Monday to receive up to €2 billion aid to cut emissions at its Dutch facility.
2 mins
October 01, 2025
Mint New Delhi
Oil giant IOC eyes green shift
Indian Oil Corp. Ltd (IOC) is navigating choppy waters as nearterm business conditions remain uncertain amid oil price volatility, tariffs, exchange rate weakness, and geopolitical disturbances.
2 mins
October 01, 2025
Mint New Delhi
April-August fiscal gap rises to ₹5.98 tn
India's fiscal deficit rose in the first five months of 2025-26, as compared with the same period last year, due to higher government capital expenditure while net tax revenue declined.
2 mins
October 01, 2025
Mint New Delhi
TaMo aims to drive down Iveco costs, open new roads
Analysts questioned the rationale of buying the Italian firm that was facing growth hurdles
2 mins
October 01, 2025
Mint New Delhi
Nestlé India inks MoU with govt to push food sector investment
FMCG major Nestlé India on Tuesday said it has signed a memorandum of understanding (MoU) with the government to expedite investments in the food industry.
1 min
October 01, 2025
Mint New Delhi
Reits revolution: own a slice of malls, offices with just ₹500
Think mutual funds, but for real estate. That's how Pratik Dantara, executive committee member of the Indian Reits Association, explains Real Estate Investment Trusts (Reits)-a growing investment avenue giving retail investors exposure to office parks, malls, and other commercial properties.
2 mins
October 01, 2025
Mint New Delhi
How Indians get a passport to global markets via GIFT
Global access GIFT City outbound funds offer international exposure
2 mins
October 01, 2025
Mint New Delhi
Poonawalla eyes RCB at $1-1.2 bn valuation
Adar Poonawalla, owner of the vaccine maker Serum Institute, is evaluating a deal to buy the Indian Premier League team Royal Challengers Bengaluru at a valuation of up to $1-1.2 billion, a person directly aware of the development said.
1 mins
October 01, 2025
Mint New Delhi
Demand for offices stays strong: C&W
Net leasing of office spaces increased 35% across eight major cities during the JulySeptember period to 16.25 million sq. ft on better demand from domestic and overseas companies, according to Cushman & Wakefield (C&W).
1 min
October 01, 2025
Listen
Translate
Change font size