New Delhi [India], December 28 (ANI): India’s IPO market achieved a historic milestone, with proceeds doubling from USD 5.5 billion in 2023 to USD 11.2 billion in 2024 says Global Data report.
Murthy Grandhi, Company Profiles Analyst at GlobalData, says 2025 guarantees even greater fireworks. He stated, “India’s IPO market hit a bull run in 2024, with proceeds skyrocketing to USD 11.2 billion–more than doubling the USD 5.5 billion raised in 2023. The pipeline for 2025 promises even bigger fireworks, fueled by skyrocketing retail participation, hefty domestic inflows, and FPIs flexing their muscles despite being net sellers in the secondary market.”He added, “This blockbuster year reflects issuer confidence and investors’ insatiable appetite for listing-day pops and long-term growth plays.”The authorities’s emphasis on infrastructure and core sector growth, mixed with elevated non-public capital expenditure, performed a pivotal function in enhancing market dynamism.
Grandhi emphasised that India’s IPO increase is greater than only a numerical achievement–it signifies the evolution and resilience of the nation’s monetary ecosystem, establishing India as a worldwide hub for capital fundraising.
India’s key IPOs in 2024 included Hyundai Motor’s USD 3.3 billion concern, Swiggy’s USD 1.3 billion providing, NTPC Green Energy’s USD 1.2 billion IPO, Vishal Mega Mart’s USD 0.9 billion itemizing, and Bajaj Housing Finance’s USD 0.8 billion concern.
Other Asia-Pacific (APAC) nations additionally reported vital IPO exercise. Japan skilled an outstanding 275.1 per cent development, with 69 IPOs producing USD 12.6 billion, whereas Malaysia recorded a 145.9 per cent enhance, with 36 IPOs elevating USD 1.1 billion.
However, China noticed a considerable decline in IPO numbers, with a 51.3 per cent drop attributed to tightened rules. The nation had 64 IPOs, elevating simply over USD 5.2 billion.
The area recorded 604 IPOs, elevating a complete of USD 33.9 billion–a 21.5 per cent enhance in proceeds in comparison with 2023. Among APAC nations, India stood out as the highest performer, with over 200 corporations going public, based on Global Data, a distinguished knowledge and analytics agency.
The APAC IPO market was led by the expertise and communications sector, which recorded 118 transactions value USD 3.8 billion, adopted by the monetary providers sector, with 60 offers amounting to USD 2.6 billion.
On the broader APAC entrance, standout offers included Lineage Inc’s USD 4.4 billion IPO and Tokyo Metro’s USD 3.2 billion itemizing, each in Japan.
The report said that globally too, 2025 IPO market will surpass 2024 IPO exercise, with a robust pipeline already in place. However, the trajectory will rely on world components corresponding to Federal Reserve fee choices and the efficiency of rising markets.(ANI)