150 Firms, $30 Billion Dreams—India’s Equity Market Enters Overdrive

Image Source : Incorp Advisory

India’s equity markets are gearing up for a blockbuster year, with over 150 companies expected to raise more than $30 billion through initial public offerings over the next 12 months. The surge follows a record $21 billion raised in 2024 and signals deepening confidence in India’s capital markets.

Key Highlights:

HDB Financial Services led the charge with a $1.5 billion IPO, the largest in 2025 so far
Tata Capital plans to raise $2 billion; LG Electronics India eyes a $1.7 billion listing
Overall IPO proceeds for 2025 stand at $7 billion, with Jefferies forecasting $18 billion more in H2

Drivers of Growth:

India’s 6%+ GDP growth continues to attract domestic and foreign investors
Political stability and resilience to global uncertainties bolster market sentiment
Robust retail participation and mutual fund inflows support equity demand

Potential Headwinds:

Weak secondary market performance could dampen enthusiasm
Foreign investors may shift focus to undervalued markets like China
Domestic liquidity and valuation concerns remain watchpoints

Outlook:

With a strong pipeline of billiondollar deals and newage tech firms preparing to list, India’s IPO landscape is entering a golden phase. Analysts expect continued momentum, provided macroeconomic stability and investor appetite hold firm.

Source: The Hindu BusinessLine, Economic Times, Bloomberg