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Merchant bankers cautiously optimistic for IPOs after GreenSignal issue fails

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Merchant bankers cautiously optimistic for IPOs after GreenSignal issue fails
Credit: Mukul Mudgal/VCCircle

Merchant bankers working on a pipeline of upcoming public issues are trying to shrug off the negative sentiments following GreenSignal Bio Pharma Ltd’s withdrawal of its initial public offering (IPO) on Wednesday.Chennai-based GreenSignal Bio fell prey to the market volatility resulting from the outflow of capital from the Indian market, ......

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