Despite the slow start compared to the same period last year, the Indian markets saw 119 IPOs in the first six months of 2025, of which a total of Rs. An increase of 51,150 crore, showing S&P data. Of the 157 lists in the first part of this 2024, Rs. 37,682 crore.
Hyundai Motor India’s 3 $ 3.3 billion share sales like landmark deals, with Rs 1.71 lakh crore on 3 333 IPOs closed Indian exchanges 2024.
The S&P report suggests that when the primary market between global and domestic equity instability began on a slow note of 2025, a rebound is on. The report states that EY analysts see a strong IPO pipeline likely to hit the market in the next three to six months.
Large ticket deals and next list
This year’s biggest deal came from HDB Financial Services, a subsidiary of HDFC Bank, which raised Rs 12,500 crore in June. Out of the top ten IPOs by size, three are originated from discretionary companies and two financial services.
Many high-profile filings are in the pipeline, with Rs. CRORE, 2 million draft prospectus includes the release of Securities and Exchange Board India for India (SEBI) and Anthem Bioscience in early July.
Other companies such as Orwell Stay, Febindia Limited and Hero Fincorp, who delayed the list in previous years, can revive their plans based on market conditions.
S&P said that if macroeconomic stability, IPO activity is expected to accelerate in the second half of 2025. Investors’ appetite remains strong, especially for reasonably valuable and basic strong companies.
India’s widespread economic pace is also supporting capital markets. The Reserve Bank of India expects the economy of only $ 4 trillion to grow at 6.5% in the financial year 26, which corresponds to the previous financial year. A total of 100 basis points in the rate decline from February, which includes a surprising 50-BPS reduction in June, which is likely to increase liquidity and financing.
Markets and regional tails
India’s benchmark Nifty 50 index closed at 25,082.30 pm on July 14, which is 5.6% so far this year. The S&P has noted that this recovery procurement is contributing to new enthusiasm in the primary market, with the participation of increasing retail investors.
The report draws attention to the possibility of a strong list in areas such as financial technology, AI -operated companies and Industrial Dysfunction Tech, in which renewal is favored.
With dynamic stock market, auxiliary monetary policy and improvement in the global background, India’s IPO environment looks ready for a stronger second half, the NSE continues to establish itself as a major global list place.
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(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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