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A handful of large new listings have emerged from South Africa, Kenya and Angola and more are set to follow
Submarine mast maker's IPO raised €132.8m
Vincorion is expected to continue defence IPOs later this week
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Indian state-owned Rites has filed a draft prospectus for an IPO through a syndicate of local bookrunners.
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TMH Telecom Public Co will list on the Yangon Stock Exchange in Myanmar next week, having held an IPO that included a chunk of primary shares — the first flotation in the country with new stock.
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Dermapharm Holding, the German pharmaceuticals company, has begun investor education for the first IPO on the Frankfurt Stock Exchange this year.
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State-owned Vietnam National Oil and Gas Group (PetroVietnam) has raised D5.6tr ($244.3m) from the IPO of subsidiary Binh Son Refining and Petrochemical Company — nearly $100m more than anticipated.
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Air conditioner manufacturer Amber Enterprises launched its IPO on Wednesday, gunning for Rp6bn ($93.8m) from the three day bookbuild.
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Anmol Industries has hired three banks to lead its flotation in India this year, which could raise around Rp10bn ($156m).