Centrum's Rajendra Naik on the IPO market, valuations, higher fees and more

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IPO-bound entities are commanding lower valuations, with investors now driving a harder bargain, according to Rajendra Naik, managing director of investment banking at Centrum Capital. The mid-market investment bank recently joined a global M&A network of I-banks representing 45 countries, called the ‘Terra Alliance’ as the only representative from India, he ......