India sees record number of IPOs this year
Image Credit: economic times
India has become a bustling hub for initial public offerings (IPOs), with a record-breaking number of small and medium-sized businesses going public this year amid a thriving stock market. Bloomberg data reveals that 184 companies have been listed in India this year, surpassing any previous full year. In October alone, 30 firms debuted on the market, outpacing the US, China, and Hong Kong. This boom is credited to robust economic activity and favorable investor sentiment toward India.