IPOs in Asia

BSE attracts the biggest Asian IPO in August

Sterling & Wilson Solar's flotation topped Asia's IPO deal list by value last month, according to Dealogic. But market reaction to the renewable energy company highlights concerns for its future growth.

Stock exchanges from emerging markets stood out in August with some of the month's largest IPOs.

Sterling Wilson Solar topped the Asian IPO market with a $406 million listing on August 20 on the Bombay Stock Exchange, according to data from Dealogic.

It is the first Indian solar company to go public at a time when the Indian solar power market is quickly catching up with the rest of the world. According to research from the National Renewable Energy Laboratory, India ranked third globally last year for solar photovoltaic PV installation about 8 gigawatts in total trailing China and the US.

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