The Indian IPO market is abuzz with activity as a number of companies are looking to list with valuations of about ₹3,500 crore. These trends reflect the increasing investor appetite across various sectors.
Major IPOs in the pipeline:
1)Avanse Financial Services: The education NBFC is planning a ₹3,500 crore IPO to finance its growth and build its lending book.
2)Indira IVF: Supported by Swedish private equity firm EQT, the chain of fertility clinics has made a confidential filing for an ₹3,500 crore IPO via an Offer for Sale (OFS).
3)Navi Technologies: To sell a ₹3,350 crore IPO in March 2025 with a fresh issue and no OFS element.
These IPOs show strong market sentiment with companies using public listings to drive growth and innovation. As the market settles after Fed rate decisions, analysts see good investor support for these issues.
Sources: Moneycontrol, Economic Times, NDTV Profit, March 17, 2025