India Leads Global IPO Charts as November Funding Hits ₹33,507 Crore

India has emerged as the world’s most active IPO market in November 2025, outpacing global giants like the US and China, as per the latest Securities and Exchange Board of India (SEBI) bulletin. Companies collectively mobilized ₹33,507 crore through public issues, marking a sharp rebound in primary market fundraising and reinforcing India’s position as an emerging capital markets powerhouse.

Analysts attribute this momentum to stable economic fundamentals, higher retail participation, and a resilient corporate earnings cycle that continues to attract foreign and domestic capital inflows. High profile listings in manufacturing, infrastructure, and defence sectors helped sustain investor enthusiasm despite global market volatility.

The bulletin also noted strong performance in SME listings and sustained interest in the debt market, reflecting widening capital market participation across categories. Experts believe the trend will likely continue into early 2026 amid policy stability, low inflation, and favourable regulatory frameworks.

Key Highlights

• Total fundraising (Nov 2025): ₹33,507 crore.
• India’s Rank: Number one globally in IPO activity, ahead of China and the US.
• Drivers: Robust domestic demand, institutional inflows, and healthy macroeconomy.
• Market Segments: Active fund raising across mainboard and SME platforms.
• Outlook: Continued IPO pipeline expected into Q1 2026.

Sources: SEBI Bulletin (December 2025), The Economic Times, Business Standard.