Saturday, July 16, 2011
| Posted by: Grant Thornton
Categories: India, India Watch Issue 13 | Tags: India, UK, India Watch, 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.