Equity capital market to see increased volumes: Citi execs

India’s equity capital market volumes are expected to increase next year from the current level that stands at $46 billion, top Citi Group executives told Mint.

- PRIYAMVADA C & Sneha Shah

“We have done close to $15 billion of IPOs since the beginning of 2025, and we have a few more in the pipeline. I think this year the volumes have largely increased, and the sizes have been bigger,” Arvind Vashistha, head of Citi India’s equity capital markets, told Mint. He said Indian companies could raise over $20 billion through initial public offerings by 2025-end.