India led global IPO listings in Q3 2024 with a 36% share, raising $4.285bn on the main market.

In Q3 2024, India led global IPO listings with a 36% share, significantly ahead of the US at 13%. The Indian main market had 27 IPOs, raising $4.285 billion, marking the highest quarterly listings in 20 years. The SME segment raised $398 million through 84 IPOs. Contributing factors include increased market maturity, investor confidence, and a favorable economic climate with moderate interest rates and easing inflation.

October 29, 2024
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