IPOs come out of deep freezer as market revives, liquidity eases

More cos could join Burger King, Antony Waste in giving listing another shot

Several firms that had filed their offer documents last year but given up on their listing plans due to disruptions caused by the pandemic are getting a new lease of life.

The success of recent initial public offerings (IPOs) and the stability in the secondary market are propelling many firms and investment bankers to remove their IPO plans out of the deep freezer.

Burger King India has revised its offer document filed last year, and has filed draft papers with Sebi to raise Rs 542 crore through fresh issuance of shares. Antony Waste Handling, which had withdrawn its IPO in March amid