PE exits pick up momentum with nine IPOs


    New Delhi, April 15 | Private equity (PE) exits have picked up momentum in 2021 with exits worth $4.2 billion, which is 70 per cent of the total value recorded last year.

    According to the IVCA-EY monthly PE/VC roundup, on a year-on-year (YoY) basis, exits doubled in terms of value in 1Q21 ($4.2 billion versus $1.9 billion in 1Q20) and were higher by 81 per cent compared to 4Q20 ($2.3 billion). The number of exits in 1Q21 (56 exits) were 54 per cent higher compared to 1Q20 (37 exits).

    Vivek Soni, Partner and National Leader, Private Equity Services, EY, said PE/VC exits have picked up momentum in 2021 with exits worth $4.2 billion, which is 70 per cent of the total value recorded last year. 1Q21 has recorded nine PE-backed IPOs which is the highest quarterly number so far.

    “Should the mid-cap/small-cap indices remain buoyant and not become volatile, we expect to see many more PE-backed companies hitting the capital markets this year, given the healthy appetite for primary issuances. As of now, there are over 90 IPOs that have filed their DRHPs with SEBI of which more than 45 are PE-backed,” he added.

    Soni said that e-commerce has emerged as a new IPO intense sector wherein six companies have filed their DRHPs, including Zomato, Nykaa and Grofers.

    “If these companies see favourable investor interest, we could see follow through from a significantly higher number of companies from the e-commerce sector,” he added.

    This is in line with the global trend of startups going the IPO route; in 2020, US exchanges hosted 120 VC-backed IPOs worth a combined value of $259.8 billion.

    Notwithstanding the encouraging build up in PE/VC investment and exit activity in 1Q21, the second wave of Covid-19 infections is surging in India as well as globally.

    New variants of the virus and slow vaccine rollout are raising fresh concerns as many governments/local authorities are imposing mini-lockdowns, which could endanger the recovery underwriting thesis. Investors could turn cautious till more clarity emerges on government response to the second wave, Soni said.

    According to the IVCA-EY monthly PE/VC roundup, the Jan-Mar period recorded investments worth $8.3 billion across 266 deals, on the back of 22 large deals worth $4.8 billion. Exits recorded $4.2 billion across 56 deals, with nine PE-backed IPOs.

    “After the flurry of mega deals towards the second half of 2020, there has been a marked decline in large deals in 1Q21 with just 22 large deals aggregating S$4.8 billion vs 30 deals worth $16 billion recorded in 4Q20. Likewise, the number of buyouts have also reduced significantly with 10 buyouts worth $1.1 billion in 1Q21 vs 21 buyouts worth $8.9 billion in 4Q20,” Soni added.

    Source: IANS

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    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    “Work and you’ll get what you need; work harder and you’ll get what you want”.

    The above-mentioned quote speaks volumes about the courage of those who have made substantial breakthroughs in their life with hardwork and dedication.

    One such committed individual who is preparing several notable names with their social media reach is Durgesh Dhaker. An agile and someone who keeps himself upbeat with the happenings in the country, Durgesh has acquired expertise in carving the social media strategies for various stalwarts. He is also the founder of Aapno Rajasthan

    facebook page with more than 1 million likes which he gain within very short time with his expertise.

    Coming from the beautiful city of Chittorgarh in the land of Rajasthan, Durgesh Dhaker is making his parents and fellows pride of his strides and success acquired through hustling with perseverance. His social media expertise enables him to give his top tips for growing one’s social media presence, it is as below-

    1-Create a network

    Social media comprises of a huge number of people who need to build their reach, subsequently, it turns into a fiercely cutthroat spot where every individual is attempting to draw in mass consideration, thus it is basic that we upgrade our activities to pick a specialty which suits our inclinations, it ought to be something that you are prepared to deal with for quite a while of your life.

    Zero in on making an intuitive substance that can be discovered when somebody looks for it, the most ideal approach to do is to is utilize significant hashtags on Facebook, Twitter, etc.

    2-Create steady, quality posts that are relatable

    Today, the web has enough data however we can help our supporters discover quality data that isn’t excess by posting relatable substance according to our niche, recall, forthright, valuable, and quality substance is as yet restricted on the web, consequently assuming you give individuals what they are searching for reliably, gradually and slowly, you will see considerable development in individuals who follow you.

    3-Social media showcasing/connecting websites

    Social media marketing is perhaps the most ideal approach to get ideal reach online, to see speedy outcomes, posting cool videos, and opinion on the latest happenings are some methods which can be deployed. If one has a website on their name or related to their field of work then those can be attached on social media profiles to promote them better.

    In a nutshell, we can conclude that, according to Durgesh Dhaker, the top way to grow your social media presence is by being relevant and consistent with the content that is suited to the tastes of your target audience, linking several web pages and blogs to boost traffic and last but not the least correct marketing of your content that can lead to conversions.


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