The latest issue of BW Businessworld, dated February 10, 2024, spots the trend of rise in Indian SMEs hitting the stock market with their public offers and creating value for investors with the combined market cap on BSE & NSE Emerge crossing the Rs 2 lakh crore mark. After an IPO winter in 2022,48 of the 58 mainboard IPOs in 2023 debuted post-July on the Indian stock markets when BW Businessworld spotted the trend of IPOs coming back in its cover story. This resurgence has been attributed to the robust market sentiment and the unwavering strength of the Indian economy, which is resilient to recessionary pressures.
IPO Trend in Indian Capital Markets
The cover feature of this edition looks at the surge in enthusiasm among small and medium enterprises (SMEs) and those who are exploring the IPO route for fundraising. Traditionally reliant on conventional financing methods, the story looks at how SMEs are now capitalising on the opportune market conditions.
The feature explores the various factors that have contributed to this surge and the value these firms have created for the investors and includes interviews with leaders of some of such firms that have had a successful listing, shedding light on the profound impact IPOs have had on these ventures.
Also, in an exclusive interview, Aditya Kanthy, CEO of Omnicom Advertising Services (OAS) in India, discusses the unique approach of the recently formed OAS framework in this issue. Kanthy emphasises how the individual brand ethos of BBDO India, DDB Mudra, and TBWA\India will be preserved and nurtured within this overarching structure.
India's Global Positioning
The issue also offers comprehensive coverage of the annual meeting of the World Economic Forum, showcasing how India strategically positioned itself at Davos. The nation's capabilities were displayed at national and regional state levels, providing an immersive experience across various sectors. Invest India's experience centre, featuring demonstrations by domain experts and entrepreneurs, emerged as a key attraction.
Supply Chain Excellence
A special package in this edition focuses on the second edition of the BW Supply Chain Competitiveness Summit & Awards. Themed 'Reinventing traditional supply chains amid global uncertainties,' the summit brought together India's top supply chain leaders. The issue delves into efficient, sustainable and digitally progressive supply chain practices among organisations and individuals, honouring them with coveted awards.
The issue also features insights from best-selling author Chris Miller, who discusses India's strategic approach to specific markets and competitors for chip manufacturing. Former RBI governor Raghuram Rajan also speaks to BW Businessworld in a special conversation about what India needs to do to accelerate its economic development.
In the 'Last Word' column, Daikin India Chairman and Managing Director K. J. Jawa emphasises the significance of Daikin’s new manufacturing plant in fostering long-term partnerships that would drive mutual success.
About BW Businessworld
BW Businessworld, with its 43 years of legacy, is the fastest-growing 360-degree business media house in India. With a network spanning 23 niche business communities and 10 magazines, BW Businessworld is proud to be entrenched in various verticals in the domestic as well as global business, that organise conferences and forums to facilitate interaction between sectoral business leaders and create a conducive environment for collaboration. All BW issues are also fully digitally covered, including online stories and video stories and eMagazine is also available for every issue.