India's IPO Market Sets New Records in 2024

In 2024, India's Initial Public Offerings (IPOs) reached unprecedented heights, raising a staggering Rs 1.6 lakh crore. This remarkable achievement was driven by favorable market conditions, economic growth, and regulatory improvements. Among the notable IPOs, Hyundai Motor India's Rs 27,870 crore offering stood out as the largest in the country's history.

The year saw a diverse range of companies, from large to small, tapping into the IPO route, with the average issue size more than doubling from the previous year. The robust market activity was evident with at least 15 IPO launches in December alone.

Looking Ahead to 2025

Market analysts predict that the fundraising momentum will accelerate further in 2025, potentially surpassing 2024's record figures. Key upcoming IPOs include HDB Financial Services' Rs 12,500 crore issue, LG Electronics India's Rs 15,000 crore public float, and Hexaware Technologies' Rs 9,950 crore offering.

The resurgence in IPO activity reflects a stable economic environment, policy continuity, and broad-based economic growth. Factors such as private equity exits, sponsor-driven sales, and shifts in corporate funding strategies have also contributed to the surge in IPOs.