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India ranks among top IPO markets with $2.8 billion raised in Q1: EY
The Daily Guardian
|April 30, 2025
India's Initial Public Offering (IPO) market continues to demonstrate resilience, securing a 22 per cent share of global IPO activity in the first quarter of 2025, according to the Q1 2025 IPO Trends Report by EY.
With 62 IPOs raising a total of USD 2.8 billion, India remains a leading destination for companies seeking to go public, even amidst a backdrop of global market uncertainties.
As per the EY report, the largest IPO during this period was by Hexaware Technologies Ltd., which successfully raised USD 1.0 billion, highlighting the ongoing demand for technology-related offerings in the Indian market.
However, the overall IPO activity in India saw a decline of approximately 20 per cent compared to the previous year, reflecting a cautious investor sentiment as the BSE SENSEX index experienced a slight decrease of 1.1 per cent.
Cette histoire est tirée de l'édition April 30, 2025 de The Daily Guardian.
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