India Leads Global IPO Activity in October with 2 of Top 5 Deals Globally: SEBI Data

India emerged as a dominant player in the global IPO market in October, contributing 2 of the 5 largest IPOs reported globally, according to the Securities and Exchange Board of India (SEBI). 

Amidst continued geopolitical and trade challenges, Indian companies have effectively raised capital, highlighting the country’s strong investor sentiment and primary market depth. 

India Secures 2 Spots in Top 5 Global IPOs 

As per the official SEBI report, the top 5 IPOs globally in October garnered over $10 billion in total. Out of these, 2 offerings originated from Indian markets.  

Tata Capital Limited raised $1.7 billion through its listing on domestic exchanges, becoming the 2nd-largest IPO of the month after Verisure, which raised more than $4.2 billion in Europe.  

LG Electronics India Limited also contributed to the capital raised, leading to India’s strong presence in the global IPO rankings. 

Indian Capital Markets Show Strong Activity 

Throughout October, 139 companies globally raised $22 billion via IPOs. In India, primary market mobilisation reached a record ₹41,783 crore, surpassing the previous peak of ₹36,305 crore in November 2021.  

A major notable trend was the increase in the Offer for Sale (OFS) component in mainboard IPOs, accounting for 73% of the total funds raised. In comparison, SME IPOs included only a 4% OFS component. 

Regional and Sectoral Highlights 

The Western Region retained dominance with 29 of the total 63 public offerings, raising ₹19,847 crore alone. This indicates significant concentration of capital market activity in that zone.  

Asian countries, particularly India, China, and Japan, collectively led in terms of IPO volume and value, while Europe surpassed the US market in overall IPO fundraising during the month. 

Read More: India’s IPO Fundraising Touches Record ₹1.77 Trillion Amid Strong Demand! 

Conclusion 

October witnessed significant IPO activity globally, with India contributing strongly through notable listings led by Tata Capital and LG Electronics India. Despite global financial stress and uncertainty, Indian primary markets have remained active and resilient. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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