<ul data-eligibleForWebStory="false"><li>JM Financial predicts that Indian IPOs could contribute $3 trillion in market value over the next decade, making India a lucrative market for investors.</li><li>IPOs in India have raised over $6 billion this year, with prominent offerings like HDB Financial Services Ltd raising $1.5 billion and ICICI Prudential Asset Management Co. filing for an IPO to raise up to $1.2 billion.</li><li>Investors are optimistic about India's growth potential, with last year's record IPO activities totaling around $21 billion, driven by factors like the Nifty 50 Index gaining 8% this year.</li><li>Upcoming IPOs include Tata Capital Ltd planning to raise $2 billion and Walmart Inc.'s Phonepe preparing for an IPO that may raise $1.5 billion. M&A activity is also increasing in India, with deals totaling $31 billion.</li></ul>

JM Financial sees Indian IPOs adding $3 trillion market value over decade

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