While big ticket offerings have seen relatively muted responses, India’s IPO market has been buoyant, with about 290 companies raising nearly $14 billion so far this year, roughly twice the amount raised in all of last year, LSEG data showed.

India's Initial Public Offering (IPO) market has seen a historic surge in 2024, raising an unprecedented ₹1.19 lakh crore. The remarkable growth is due to strong investor demand, fueled by excess liquidity and robust returns from recent IPOs.

Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.

In this week's newsletter, you can read about IBM India's growth plans, dealmaking secrets from former Softbank CFO, and Indian companies on Forbes Asia's 100 to Watch list