India’s IPO market is scheduled to reach record level in October, where companies are expected to raise more than $ 5 billion funds. Which proves how deep and strong investors are interested in one of the world’s most busy equity centers. Tata Capital Limited and LG Electronics Inc. Apart from billions of $ billions of IPOs by the local unit, many other deals also increase the belief that India’s 5 trillion stock market can easily contain big issues. Even though the stock market has lagged behind other Asian markets due to American tariffs and weak income.
Investors increased confidence in the stock market
Due to strong investment from domestic mutual funds, it has seen a boom. Which has helped to compensate for the withdrawal of FII and make India an attractive place for bankers in uncertain global economy. Companies like Jefferies Financial Group and JP Morgan Chase and Company, which were looking at the pace last year, are estimating the same speed. At that time the Indian IPO raised a record 21 billion dollars. Dheeraj Reli, MD, HDFC Securities Limited in Mumbai, said that due to the investment made by domestic investors, the market has been prepared to raise such massive funds.
Which IPOs are going to come
The list of IPOs is getting long in October. Where Vwork India Management Limited will launch its 30 billion rupees ($ 338 million) on October 3. After that, on October 6, Tata Capital will sell shares of 155 billion rupees. According to Bloomberg News report, the Indian unit of LG Electronics is expected to raise around Rs 115 billion that week.
Digital Payment Provider, Pine Labs Limited, is planning to raise Rs 60 billion in late October, while Canara HSBC Life Insurance Company is preparing an IPO of Rs 25 billion. ICICI Prudential Asset Management Company is waiting for regulator approval for its public issue, which may be launched in late October. Ranveer Dawra, co-head of Investment Banking in HSBC Securities and Capital Markets (India) Private Limited, said that since India is broadly seen as a demand driving market, there will be strong interest in the large scale and quality IPOs.
How much money have been raised so far?
Certainly, foreign funds are investing less, even while participating in primary offers. According to the data, his investment in Indian IPO and placement has come down from 1.2 trillion rupees of 2024 to Rs 430 billion this year. According to Bloomberg data, Indian companies have raised about $ 11.2 billion through IPOs from January to September. According to Bharat Equity Capital Market Head Kailash Soni at Goldman Sachs Group Inc., in the last three months of the year, $ 8 billion can be added to $ 10 billion. He said that the participation of investors remains strong, many companies are currently doing road shows and both domestic and global investors are eager to invest capital in India’s growth story.