PE-backed firms ride NSE, Jio tailwind to launch IPO roadshows

Investment bankers are planning IPO roadshows for five to six PE-backed companies, including KKR-backed InCred Holdings (targeting up to Rs 3,000 crore at around Rs 15,000 crore valuation), Bain Capital-backed Dhoot Transmission (up to $250 million), and Everstone-backed Integris Medtech (fresh issue up to Rs 925 crore). The activity follows the DRHP filings of NSE and Jio Platforms, which improved domestic liquidity sentiment, while easing West Asia tensions are reviving share-sale plans that over 30 PE-backed firms had deferred earlier. Truhome Finance, AGS Health, and Cube Highways Trust also remain in the waiting pipeline.