India Anticipates Record $8B IPO Surge in Year-End Quarter

India's IPO market is experiencing a record surge, with companies expected to raise between $5 billion and $8 billion in the final quarter of 2025. Major deals from Tata Capital Ltd. and LG Electronics India are leading this fundraising spree, with Tata Capital aiming to raise about $1.5 billion in its IPO. The market's strength is largely supported by strong inflows from domestic mutual funds, offsetting foreign outflows and boosting investor appetite. Other notable companies preparing for IPOs include WeWork India, Pine Labs, Canara HSBC Life Insurance, ICICI Prudential Asset Management, PhysicsWallah, Fractal Analytics, and Credila Financial. The IPO pipeline reflects robust investor interest and confidence in India's $5 trillion stock market, which continues to attract substantial fundraising despite global economic uncertainties. This year, India has already become the third-largest global market for IPO funds raised, with over $10 billion raised in the first nine months of 2025 alone.