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Murthy says that it is not a good thing because IPOs comes with huge responsibilities and startup founders may face pressure from venture capitalists to succeed as early as possible
How Upstox Upped the Ante
Dubai Electricity And Water Authority's US$6.1 Billion Initial Public Offering Becomes The Largest Ever Listing In The Middle East Since 2019
DEWA listed nine billion shares, representing 18% of its share capital, at a price of AED 2.48 per share, thereby implying a market capitalization of AED124 billion, and thus making it the largest company on the DFM as well.