India tops global IPO volumes in November; ranks second in issue value at $3.7 billion, ahead of US

December 25, 2025

India led global IPOs in November with 22 listings. The nation secured second place for funds raised, collecting $3.7 billion. Asian markets were strong, contributing over $12 billion to the global total. Indian IPOs showed robust performance, with many mainboard and SME issues listing at a premium. Financial services led fundraising in mainboard IPOs.

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