The company may wish to boost sentiment of the IPO given the lukewarm interest in the automotive industry.

High interest rates have affected car and motorcycle sales. The high interest rate climate has affected consumer demand; retail sales have been affected.

The best buyers are the ones who come knocking on your door, because they have an interest in your company.

If you're a savvy institutional investor, you don't want interest earnings, you want the company to deploy the cash.

Simultaneous listing would lengthen the process as it would be the first such trial for both exchanges and lots of issues would crop up. The company probably wants to get the sale done sooner rather than later.

It is positive to see that there is sufficient interest in the company... We expect a bid in about two months.