India’s IPO megadeals will test jittery retail investors (opens original article in a new tab)

India's upcoming IPOs for the National Stock Exchange and Jio Platforms face challenges in attracting retail investors amid economic uncertainties.

• India's two major IPOs include the National Stock Exchange's $3 billion offering and Mukesh Ambani's Jio Platforms' $4 billion debut.
• The success of these IPOs depends on retail investor sentiment amid a sluggish market and a depreciating rupee.
• The NSE IPO involves an offer-for-sale by existing shareholders, while Jio raises new capital to retire debt, affecting foreign and domestic investor confidence.