Steel companies prepare IPO pipeline as policy outlook improves

Indian steel firms are planning IPOs worth around ₹4,000 crore as policy clarity and improved sector outlook boost confidence to access equity markets.

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Steel companies prepare IPO pipeline as policy outlook improves

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Steel companies prepare IPO pipeline as policy outlook improves
Indian steel firms are planning IPOs worth around ₹4,000 crore as policy clarity and improved sector outlook boost confidence to access equity markets.
Several Indian steel manufacturers are planning initial public offerings worth nearly ₹4,000 crore, encouraged by an improved outlook following the lifting of safeguard duties. Industry executives indicated that better pricing visibility and stabilising demand have strengthened confidence to tap equity markets.The potential listings highlight how policy clarity and sector recovery are influencing capital-raising decisions across heavy industries.
Sentinel