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flag India led global IPO activity in 2024, issuing 268 stocks and raising $19.5 billion.

flag In 2024, India led global IPO activity, accounting for 23% of all public issues and raising $19.5 billion. flag The country saw 268 IPOs, with a significant increase in the median market capitalization of SME IPOs. flag Despite this, the median market capitalization of companies going public has declined over the past three years. flag India's quick commerce sector also saw rapid growth, reaching an estimated $7.1 billion in FY25.

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