IPOs worth ₹1.8L cr to hit D-St in 12 months: Citigroup

RELIANCE JIO, MEESHO AMONG NOTABLE OFFERS IN THE PIPELINE

- NESIL STANEY

THE IPO PIPELINE is expected to stay strong in the near term with about ₹1.78 lakh crore ($20 billion) worth of offerings in the next 12 months, according to Citigroup's Head of Equity Capital Markets (ECM) Execution and Solutions for Asia Pacific Harish Raman.

Fundraising from IPOs has already hit $12 billion this year and is estimated to cross $20 billion.

India ranks fourth in IPO volumes in 2025. The US leads IPOs globally with about $53 billion raised, Hong Kong is second with $23.4 billion and China third with $16.2 billion.