India's primary market is expected to raise up to $18 billion through IPOs in the second half of 2025, with companies like Tata Capital Ltd., ICICI Prudential Asset Management Co., and others planning to go public.
The surge in IPO offerings follows a slow start in the first half of the year, with $5.3 billion raised from IPOs. The rebound is attributed to a buoyant stock market and strong performances of companies like HDB Financial Services Ltd.
Investor confidence is on the rise due to foreign inflows and aggressive monetary easing by the central bank, despite initial market volatility. More than 50 IPOs are expected to tap the market by year-end.
Among the notable IPOs anticipated in the second half are e-commerce company Meesho Ltd., stock broking firm Groww Invest Tech Pvt., and eyewear-maker Lenskart Solutions Ltd.