India’s IPO market is poised for a record year in 2024, with 298 companies having raised Rs 1.406 trillion as of December 3, a 22.6% increase from 2023. The funds raised reflect a 139% surge compared to last year’s Rs 588.27 billion. Experts predict a substantial IPO pipeline exceeding $20 billion over the next 12-18 months, with expectations of 2025 setting a new record. Despite recent economic growth concerns, India’s GDP is projected to grow by 6.8% in the fiscal year ending March 2025. Retail investment has surged, contributing to strong market sentiment despite foreign institutional investor outflows.