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India’s IPO Engine Is Running at Full Throttle

India has emerged as one of the strongest IPO markets worldwide prompting multinational corporations from the U.S. South Korea Europe and Southeast Asia to explore listings for their India based subsidiaries. As local markets hit record highs and investor participation reaches unprecedented levels global firms now view India as a strategic market for unlocking value.

Over the last two years India’s primary markets have consistently outperformed global peers with total IPO proceeds crossing tens of billions of dollars. Analysts say that listings are being driven not only by market momentum but also by the extraordinary valuations that Indian business units typically command — often significantly higher than their parent companies’ global market caps.

Why Global Companies Want to List Their Indian Arms

Multinational subsidiaries operating in India benefit from strong domestic demand rising consumption expanding digital infrastructure and a rapidly growing middle class. These factors have pushed valuations of Indian units to a premium making local listings financially attractive for global firms.

Companies in technology manufacturing consumer goods pharmaceuticals and logistics are now evaluating or preparing for IPOs. Korean and American multinationals in particular have shown deep interest recognizing that India’s equity markets provide access to a large investor base eager to back high growth businesses.

Some global corporations have reported valuation gains of 20 percent to 40 percent on their Indian operations even before going public due to aggressive bidding from institutional investors and strong secondary market performance in peer companies.

Domestic Liquidity Is Fueling Bigger and More Frequent IPOs

One of the largest catalysts behind India’s booming IPO environment is the abundance of domestic capital. Mutual funds have seen sustained inflows for more than 30 consecutive months while retail participation in equity markets has reached historic highs. Over 150 million Demat accounts are now active in India representing a surge in individual investors seeking opportunities in new listings.

This deep liquidity allows the market to absorb larger IPO sizes — including multi billion dollar public offerings — without severe volatility. Retail oversubscriptions are common institutional demand remains robust and anchor investors often commit large amounts before the public subscription opens.

High liquidity also supports elevated listing premiums as many recent IPOs have debuted with gains ranging from 15 percent to over 70 percent on the first day of trading.

A Market That Global Firms Can No Longer Ignore

India’s capital markets now rival major Asian financial hubs attracting attention from global banks private equity firms and multinational corporations. Rising confidence in India’s economic trajectory combined with strong corporate earnings has cemented the country as a preferred destination for global listings.

For international companies the message is clear: India’s IPO market is not just active — it is booming at a scale that is reshaping regional capital raising strategies. As valuations remain high and liquidity continues to flow global firms are positioning themselves to benefit from one of the world’s most dynamic public markets.