Archive · 26 Jul 2025
India-UK Trade Deal & IPOs Boost Market Activity
India and the UK have made a trade deal to lower taxes on many products.
This could make trade between them worth $34-36 billion each year.
Two companies, GNG Electronics and Indiqube Spaces, recently sold shares to the public and saw many more bids than shares available.
Also, new types of investment funds were launched to allow investors to invest in new types of funds, to capitalize on different strategies.
India and the UK signed a Free Trade Agreement, reducing tariffs and liberalizing services.
The FTA aims to increase bilateral trade to $34-36 billion annually.
GNG Electronics' IPO was oversubscribed by 150.21x.
Indiqube Spaces' IPO was subscribed 13.00x.
Aditya Birla, Zerodha, and Motilal Oswal AMCs launched new mutual funds.
- Who
- India, the UK, GNG Electronics, Indiqube Spaces, Aditya Birla, Zerodha, and Motilal Oswal AMCs.
- What
- India and the UK signed a Free Trade Agreement, while several IPOs and NFOs were launched.
- When
- The Free Trade Agreement was signed on July 23, 2025, and IPOs closed on July 25, 2025.
- Where
- India and the UK.
- Why
- The Free Trade Agreement aims to boost trade and investment. The IPOs and NFOs aim to raise capital and offer investment opportunities.
- India-UK FTA Trade Potential
- $34-36 billion annually
- GNG Electronics IPO Subscription
- 150.21x
- Indiqube Spaces IPO Subscription
- 13.00x