IPO Watch: Here's how India's IPO market fared in 2024

At $19.9 billion, IPO volumes in 2024 were the highest in over two decades for India.

As markets continue to see consistent selloff, investors shy away from markets in fear of great losses. The market downturn has also affected IPOs which saw a strong decline in premiums since the beginning of the year. This however is in sharp contrast to 2024 which saw a boom in IPO volumes over heightened market participation amid strong investor interest.

According to the 'EY Global IPO Trends 2024' report released in December, India had risen to the top in global IPO volumes for the first time in 2024. It left behind US which had 183 issues. India also listed more than two and half times as many as those seen by Europe.

At $19.9 billion, IPO volumes in 2024 were the highest in over two decades for India.

The US however grabbed the top spot globally in terms of IPO proceeds ($32.8 billion) in 2024, for the first time since its 2021 peak. It also continued to be the leading IPO destination for international listings with 101 deals accounting for 89 per cent of such transactions.

"Malaysia achieved a 19-year record high in IPO activity, largely because of its valuation and liquidity, as well as economic policies that make the country attractive to foreign direct investors," according to the EY report.

A grand total of 1,215 issues raised $121.2 billion across America, Asia -Pacific and EMEIA, the report had added.

The TMT (Tech, Media and Technology), industrials and consumer sectors dominated global IPOs that year, commanding an approximate 60 per cent combined share across all sectors by both number and proceeds.

Speaking about 2025, the EY report added that across regions, TMT is expected to lead the charge in IPOs across the globe, followed by industries, and health and life sciences sectors.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.