GST will bring in 1,000 new IPOs, says BSE CEO
BSE CEO Ashish Chauhan has said 1,000 companies will list on his bourse over four years. Smaller firms that become tax-compliant due to GST, scheduled for implementation on July 1, would want to go public because they won't have anything to hide. Notably, 74 companies raised $4.3 billion through first-time share sales on BSE in last fiscal, highest since 2010. 