From IPOs to SPACs: India’s M&A Market at a Turning Point
Keywords:
IPOs to SPACs, Mergers, compelling, M&A Market, IPO routeAbstract
The Indian M&A market has witnessed phenomenal changes over the last few decades, starting with being a small, insular regional market and increasing integration with global mainstream financial systems. In this ongoing journey, a critical development was the wave of Special Purpose Acquisition Companies (SPACs) sweeping across the world and now hitting the shores of India. PE is waking up to SPACs, a new way companies are going public without the rigors of the conventional IPO route.
Mergers and acquisitions in India are known to bring in both opportunities and challenges, and hence, SPAC discussions somewhat are compelling.
References
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SCC Online. Reviews India’s regulatory landscape for SPACs, addressing specific challenges under the Companies Act and SEBI regulations. It also explores how the International Financial Services Centres Authority (IFSCA) is shaping SPACs in GIFT City [Online]. Available from: https://www.scconline.com.
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