New Delhi, Jan 12 (NationPress) At least 100 companies have submitted draft offer documents to the Securities and Exchange Board of India (SEBI), with projections for 2025 indicating that fundraising through the primary market may exceed ₹2 lakh crore, according to market experts.
The Indian IPO landscape experienced a record-breaking year in 2024, with more than 90 companies raising an impressive ₹1.62 lakh crore collectively, which is more than double the ₹49,436 crore raised in 2023.
“Looking ahead to 2025, the primary market is on track for even greater achievements, with forecasts suggesting fundraising could surpass ₹2 lakh crore,” stated analysts from Pantomath Capital Advisors.
Currently, 100 firms have filed draft offer documents with SEBI, with several already having received approvals or pending clearance.
“This heralds a positive outlook for the year, reflecting robust market momentum and investor confidence in the forthcoming IPOs,” remarked the financial services group.
India's macroeconomic situation remains strong, characterized by healthy growth and a favorable balance of payments (BoP) outlook, along with a manageable fiscal and inflationary scenario (barring recent fluctuations).
As per Shripal Shah, MD and CEO of Kotak Securities, India continues to be one of the world’s fastest-growing major economies, making it a highly attractive investment hub for global investors.
“We anticipate the equity market to gain additional momentum, with commodities reaching historic highs in 2025. Additionally, an increase in younger investors entering the stock market to build wealth early will further contribute to overall market expansion,” he added.
While domestic fundamentals will remain strong, a cautious optimism is advisable. Long-term investors should prioritize quality assets amidst high valuations.
Global economies are stabilizing as monetary policies shift towards easing, with anticipated interest rate cuts in the US, Europe, and Asia, according to Kotak Securities.