India Tops Global IPO Volumes in November; Ranks Second in Issue Value at $3.7 Billion
India has emerged as a leader in the global IPO market for November, showcasing remarkable growth and resilience in its primary markets.
Key Highlights
– Top IPO Volumes: India led the global IPO game with 22 listings in November.
– Significant Funds Raised: The country secured the second spot in terms of capital raised, amassing $3.7 billion, only trailing behind China, which raised $6.3 billion. The United States followed with $2.4 billion.
– Global IPO Landscape: Over 100 companies worldwide raised approximately $16 billion through IPOs in November, with Asia accounting for more than $12 billion of that total.
India’s Impressive November IPO Trends
During November, Indian IPOs performed robustly:
– Mainboard Success: Out of 12 mainboard issues, 8 debuted at a premium, yielding an average first-day gain of 10%.
– SME Segment Performance: In the SME sector, 6 out of 10 issues listed at a premium, showcasing an extraordinary peak gain of 90.5% and an average gain of 14%.
– Regional Capital Mobilization: The Northern region led the way with 10 listings worth ₹17,082 crore, surpassing the Western regions.
Sectoral Insights
Analyzing the IPO data reveals fascinating sectoral trends:
– The financial services sector accounted for over one-third of the total raised in mainboard IPOs for FY26 up to November 2025.
– Other notable sectors included consumer durables, consumer services, and capital goods.
– The top four sectors collectively raised ₹96,068 crore, representing 69% of the total proceeds from mainboard IPOs.
India’s stellar performance in November underscores its growing significance in the global IPO landscape. As the country continues to attract investments and listings, it sets the stage for a robust pipeline in the coming months.
Conclusion
India’s lead in IPO volumes and its second-place ranking in issue value highlight a vibrant and growing market, reinforcing its position as a key player in the global financial ecosystem. With ongoing momentum in diverse sectors, the future looks bright for Indian IPOs as they continue to captivate investors and market enthusiasts alike.