India's IPO market has shown robust growth, raising ₹1.71 lakh crore, a 7% year-on-year increase. Offer-for-sale transactions dominated, accounting for 63% of total fundraising. Fresh capital raised remained static. The growth indicates strong investor appetite for Indian equities and favorable conditions for existing shareholders to monetize holdings.
India's IPO Market Soars: ₹1.71 Lakh Crore Raised