Equity raised through IPOs will cross US$ 23.46 billion (Rs. 2,00,000 crore) in 2025: Report

India has emerged as the global leader in Initial Public Offerings (IPOs), hosting twice as many IPOs as the United States and 2.5 times more than Europe, according to data analysed by Pantomath Group. In the first 11 months of 2024, 76 companies raised US$ 15.25 billion (Rs. 1,30,000 crore). The report predicts India will achieve a record-breaking IPO fundraising of over US$ 23.46 billion (Rs. 2,00,000 crore) in 2025. This marks India’s historic top position in IPO volume, surpassing the US and Europe. However, the US remains the leader in total IPO value at US$ 35.6 billion (Rs. 3,03,526 crore). India follows with US$ 22.7 billion (Rs. 1,93,540 crore), highlighting a vibrant but smaller-scale market compared to the US. 

Despite tighter regulations in mainland China, which resulted in the weakest IPO performance in a decade, global IPO activity remains strong, particularly in the Technology, Media and Telecommunications (TMT), industrials, and consumer sectors. India leads globally in IPO numbers, with 332 IPOs, far ahead of the US (205) and China (130). However, the US continues to dominate in average IPO size, reflecting a disparity in IPO scale across regions. The surge in IPO subscription rates from 16x in 2022 to 64x in 2024 indicates strong investor interest and market optimism. 34 companies have secured approval for IPOs, targeting US$ 4.86 billion (Rs. 41,462 crore), while 55 others await clearance to raise US$ 11.57 billion (Rs. 98,672 crore). Pantomath Capital forecasts that equity raised through IPOs will exceed US$ 23.46 billion (Rs. 2,00,000 crore) in 2025, driven by strong market performance.  

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.