 "Sunil Khaitan, managing director (MD) and head of India Financing Group at Goldman Sachs")
The equity capital market (ECM) broke the record last year when it mobilised Rs 1.6 trillion mobilised through initial public offerings (IPOs). It has slowed down now but SUNIL KHAITAN, managing director (MD) and head of India Financing Group at Goldman Sachs, believes market volatility hasn't hindered IPOs. In an interview with Samie Modak and Sundar Sethuraman in Mumbai, Khaitan expressed optimism that 2025 could be another exceptional year, citing growing recognition among issuers and investors of the importance of balanced pricing over short-term gains. Edited excerpts:
Market volatility spiked after September. How does this impact ECM activity?
Volatility intensified
