NSE Ranks 4th Globally in IPO Fundraising as India’s Market Rebounds

Expert Analysis:

1. Global IPO Fundraising Position: NSE ranked fourth globally in IPO fundraising in H1 2025, raising $5.51 billion and capturing 8.9% of global IPO proceeds, according to S&P Global Market Intelligence.
2. Domestic Market Performance: Indian markets saw 119 IPOs raising Rs 51,150 crore in H1 2025, up from Rs 37,682 crore across 157 IPOs in H1 2024.
3. Full-Year 2024 IPO Activity: Indian exchanges raised Rs 1.71 lakh crore from 333 IPOs in 2024, driven by major deals like Hyundai Motor India’s $3.3 billion offering.
4. Key Listings and Pipeline: HDB Financial Services led 2025 with a Rs 12,500 crore IPO. Drafts filed include Credila Financial Services (Rs 5,000 crore) and Anthem Biosciences.
5. Macroeconomic and Monetary Support: RBI projects 6.5% GDP growth in FY26 for India’s nearly $4 trillion economy, supported by 100 bps rate cuts since February, including 50 bps in June, boosting liquidity and lending.
6. Stock Market and Sectoral Outlook: Nifty 50 closed at 25,082.30 on July 14, marking a 5.6% gain in 2025, with rising retail participation fueling IPO market enthusiasm.
7. Sectoral Strength and NSE’s Global Position: Strong listing potential in fintech, AI, and industrial tech, combined with favorable macroeconomic conditions, positions NSE for robust IPO activity in H2 2025.