India’s 2024 IPO boom explained in charts

India’s 2024 IPO boom explained in charts

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photo

The unbridled optimism in Indian equities this year has triggered a wave of initial public offerings (IPOs), providing company promoters as well as private equity and venture capital investors a window of opportunity to cash out through public market sales.