Grant Thornton: International and Emerging Markets Blog

The AIM of the game: why and how to list on the Alternative Investment Market

Thursday, August 04, 2011 | Posted by: Fiona Cullinan
Categories: Thought leadership | Tags: India, China, LSE, AIM, London Stock Exchange, guide, London, IPO, listing, alternative investment market, flotation, how to, services, share offering, requirements, float

Grant Thornton recently helped the first Zambian company to list on the Alternative Investment Market of the London Stock Exchange. If you’re considering a market flotation in London, here is the what, why and how of listing on AIM…

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Indian listings in London: AIMing for the long term

Saturday, July 16, 2011 | Posted by: Grant Thornton
Categories: India, India Watch Issue 13 | Tags: India, India Watch, UK, South Asia Group, AIM, Capital Markets, Hugh Sandeman, liquidity, PLUS, main market, raising finance

One of the first things that investors ask Indian companies planning a London listing is how this fits with their financial strategy. They’re not expecting a single answer to this question: it can make just as much sense for a domestic Indian power generator to go offshore and IPO in London, as it can for an Indian company with global ambitions and operations. But what investors do want to hear is that the Indian promoter is going to put his or her full confidence in the long term in the London market as the vehicle for growing their company.

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Grant Thornton India Watch Index outperforms all major London indices for the first half of 2011

| Posted by: Grant Thornton
Categories: India, India Watch Issue 13 | Tags: India, economy, Grant Thornton, performance, India Watch, UK, South Asia Group, AIM, IPO, London listing, share price, capital markets, PLUS, main market, raising finance, equity

The Grant Thornton India Watch Index* showed the strongest performance in H1 2011 of all the major London indices, with a positive performance of 2.65%. This compares to FTSE 100 (0.78%) and FTSE AIM UK 50 (1.17%) and the falling AIM 100 (-8.54% ) and FTSE AIM All-Share (-8.10%).

Interestingly, since the start of the financial crisis in late 2008, the Grant Thornton India Watch Index has gained 142.85%, followed by the FTSE AIM ALL-SHARE (117.58%) and FTSE AIM 100 (112.46%) respectively, highlighting the sustained growth of the AIM market.

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Majority of Indian AIM firms outperform other UK indices

Monday, October 18, 2010 | Posted by: Grant Thornton
Categories: India, India Watch Issue 10 | Tags: India, finance, economy, performance, India Watch, LSE, South Asia, AIM, stockmarket

In the quarter ended 30 September 2010, Grant Thornton’s India Watch Index underperformed other UK indices. This underperformance was due mainly to the heavyweight stocks Essar Energy and Vedanta Resources which were a drag on the Index’s overall performance. However, the majority of Indian AIM companies actually outperformed the main UK indices over the quarter and the pipeline of Indian IPOs on AIM continues to look strong.

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Indian AIM stocks returned 2.5 times your money this year

Wednesday, October 21, 2009 | Posted by: Grant Summers
Categories: | Tags: India, Grant Thornton, LSE, South Asia Group, India Price Index, Anuj Chande, AIM, Capital Markets, Fiona Owen, London Stock Exchange, KSK, Cross border, India Hospitality Corp

Grant Thornton’s latest India Watch Index reveals that the share prices of Indian companies listed on the London Stock Exchange (LSE) have collectively outperformed both the AIM 100 and the FTSE 100. The India Watch Index has soared by 153% in the year-to-date, following a 36% rise in the third quarter of 2009.

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The Indian Gold Rush and AIM

| Posted by: Saurabh Mukherjea
Categories: | Tags: India, India Price Index, South Asia, AIM, Capital Markets, Indian Economy, London Stock Exchange, Alternative Investment Market, Noble and Company Limited, Saurabh Mukherjea, Sectors

The Indian economy grew by more than 6% last year and is likely to repeat that performance again this year. Unsurprisingly therefore, global investors are running to invest in the Indian stockmarket. In the six months since March 2009, $13.7bn of foreign equity capital has entered India. This is equal to the figure that entered India in the whole of FY08, a year which was hitherto viewed as the high watermark of foreign investor interest in India.

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India watch issue 5 - Indian stocks gather pace despite economic slowdown

Monday, July 13, 2009 | Posted by: Grant Summers
Categories: | Tags: India, LSE, South Asia Group, India Price Index, AIM, Capital Markets, Fiona Owen, KSK, Cross border, India Hospitality Corp

Grant Thornton’s latest India Watch index reveals Indian companies listed on the London Stock Exchange (LSE) are collectively outperforming the FTSE 100 and continue to outperform AIM 100, AIM all-share and AIM 50 markets.

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