India bags 22% of global Initial Public Offering (IPO) share, rakes in Rs. 23,844 crore (US$ 2.8 billion) in Q1 2025: Ernst & Young (EY) report.

Indian primary markets demonstrated resilience and growth in Q1 2025, securing a 22% share of global initial public offering (IPO) activity, according to a report by Ernst & Young (EY). Despite declining volume, the percentage of profitable IPO companies surged, reflecting strong market fundamentals. A total of 62 IPOs are listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), raising Rs. 23,844 crore (US$ 2.8 billion) in proceeds. The report highlighted that India remains a leading destination for companies looking to go public, even amid global market uncertainties.

The report also pointed out the growing participation of retail investors, driven by the increase in the number of profitable IPOs, which reflects strong market fundamentals. Key sectors included Industrials, Real Estate, Hospitality & Construction, and Health & Life Sciences. Although overall IPO activity declined by approximately 20% compared to the previous year, the report emphasised the growth in deal size, indicating a robust pipeline of financially sound candidates. Notably, Hexaware Technologies' public offering, which raised Rs. 8,516  crore (US$ 1.0 billion), stood out as the largest offering during the period, underscoring the ongoing demand for technology-related IPOs in India. The report also highlighted an all-time high in Mergers and Acquisitions (M&A) deal volumes, further reinforcing investor confidence in India's financial landscape. Experts remain optimistic about continued momentum in both public and private markets as the country's dynamic economic environment supports growth.#indian #EconomicEvolution