ЦБ сообщает: IPO in Russia: from hopes to reality (Банк России)

INTERNATIONAL FINANCIAL CONGRESS
2 July 2021

Enthusiasts expect an IPO boom in the Russian market and expect Russian investors to meet the growing businesses’ demand for capital, while skeptics continue talking about the investment climate problems, lack of a long-term investor and sufficient number of medium-size companies that need equity capital and can attract investors.
Will IPO remain a tool for raising capital for the company’s development needs, or will it finally become only the exit instrument for pre-IPO investors?
Is there a perspective for IPO/SPO to be effective tool to attract money to the Russian economy? What should be preconditions for that? Are there any specific restrictions or barriers to this, in addition to sanctions?
What are the motives for the Russian businesses to make IPO/SPO using foreign holdings? What should be the efficacious incentives for equity placement under the Russian jurisdiction? And finally, double listing: Moscow/London and Moscow/New York: is it a fashion, a habit or real necessity?

See more: https://ifcongress.ru/index/en

IPO in Russia: from hopes to reality