In 2024, India’s IPO market is expected to exceed last year’s record of Rs 1.6 lakh crore, with around 70 companies seeking regulatory approval to raise approximately Rs 1.82 lakh crore. Despite a downturn in the Sensex and Nifty-50, investor enthusiasm remains strong, with 44 IPOs approved by SEBI aiming to raise Rs 66,095 crore. Notable upcoming IPOs include LG Electronics India and HDFC Financial Services. Although primary market activity typically thrives in bullish conditions, current market sentiment remains subdued, raising concerns about potential postponements of IPOs amidst shifting investor portfolios.

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