The knocking of 111 in India created panic all over the world, even America was left in shock!

There is a buzz about IPO in the Indian stock market. According to EY India report, 111 companies entered IPO in the July-September quarter. Companies raised bumper amount through this IPO. This number is the highest in the last two decades. According to the report, India's dominance in the global IPO market is increasing. Of all IPOs worldwide in the third quarter, 36 percent were from India. In this matter, India also left America (13%) behind.

According to the NBT report, EY India Market Leader Prashant Singhal said that the strong performance of the Indian IPO market reflects the increasing maturity of the capital market and increasing investor confidence. He said we are seeing strong participation from both domestic and international investors, strengthening India's position as a preferred destination for companies looking to go public.

How much capital do companies raise through IPO?
The report said that both core and SME markets have seen a pick-up in IPO activity. There were 27 IPOs in the main market. Which is 29 percent more than the same quarter last year. Companies raised $428.5 million through this IPO. This is 142% more than last year. While 84 IPOs in the SME segment raised $39.8 million.

According to EY India, both the core and SME markets have seen exceptional growth in Q3 2024. There were 27 IPOs in the main market, which is an increase of 29% compared to 21 IPOs in the third quarter of 2023. The SME segment maintained strong momentum with 84 IPOs.

In the third quarter of 2024, India's main market saw 27 IPOs compared to 13 in the previous quarter. The excellent performance of the market can be gauged from the fact that the IPO has given a return of 65.3% year-on-year. This return is much better than the Sensex return of 14.9%.

Consumer products, diversified industrial products, real estate, hospitality and construction sectors are leading the IPO activity in both mainstream and SME markets.

Which major IPOs came
Major IPOs in the third quarter included Bajaj Housing Finance ($781.16 million), Ola Electric Mobility ($732.25 million) and FirstCry ($499.45 million).