(Bloomberg) India has turned into Asia’s hottest market for share sales including initial public offerings, and as elections come to a close, a bumper crop of deals is poised to set a record as investors seek to tap the rapid growth in the region’s third-largest economy.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Donald Trump Becomes First Former US President Guilty of CrimesHere Are th
India has emerged as the top market for IPOs in Asia, having raised $3.9 billion so far in 2024. Post-election, IPO activity is also expected to exceed $20 billion over the next two years as confidence in India s growth prospects rises.
About $3.9 billion has been raised in India via IPOs so far this year, more than double the same period in 2023, and a tally thats higher than the combined amount raised in South Korea and Hong Kong, according to data compiled by Bloomberg.
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