India's IPO market boomed in 2024, creating seven new billionaires, but faces economic challenges ahead.

In 2024, India saw a surge in IPOs, creating seven new billionaires, notably in renewable energy. The market raised a record 1.66 trillion rupees, with predictions of 85 more companies listing in 2025, targeting 1.53 trillion rupees. Despite optimism, the sector faces potential consolidation and economic headwinds, including global tensions and a slowing economy.

2 months ago
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