2024 Marks a Historic Year for India's IPO Market

As 2024 concludes, India's economy showcases remarkable resilience, with the IPO market achieving an unprecedented milestone by raising a record Rs 1.6 lakh crore through 90 maiden public issues. This surge was fueled by favorable market conditions, regulatory improvements, and robust economic growth.

Looking Ahead to 2025

The IPO pipeline for 2025 is anticipated to surpass Rs 2.5 lakh crore, indicating continued momentum. With 34 companies already securing SEBI approval for IPOs aiming to raise a combined Rs 41,462 crore and 55 firms awaiting regulatory clearance targeting approximately Rs 98,672 crore, the future looks promising.

Hyundai Motor India Leads the Charge

This year, Hyundai Motor India made history with its Rs 27,870 crore IPO, the largest in India's history. Following closely were Swiggy's Rs 11,327 crore issue and NTPC Green Energy's Rs 10,000 crore offering, marking significant achievements in the Indian IPO market.

Diversity and Exceptional Performance

The IPO market showcased diversity in size, from Vibhor Steel Tubes' Rs 72 crore issue to larger offerings. Over 60 companies delivered positive returns on their debut day, with standout performers including Jyoti CNC Automation, KRN Heat Exchanger, and Premier Energies.

Revival of New Age Technology Companies

After two subdued years, NATCs made a strong comeback with nine IPOs, raising Rs 27,993 crore. This highlights renewed investor confidence in India's tech ecosystem, with prominent issuers like Mobikwik, Ola Electric, and Swiggy leading the way.

What's Next for 2025?

Notable upcoming IPOs include Indo Farm Equipment Ltd, Technichem Organics Ltd, Leo Dryfruits & Spices Trading Ltd, and Fabtech Technologies Cleanrooms, all set to launch in the coming weeks.