India’s IPO market shatters records in 2024; mainland China, SE Asia falter

India’s IPO market shatters records in 2024; mainland China, SE Asia falter

Photo by Ishant Mishra on Unsplash

For India’s primary markets, 2024 was a year for the books as the number of initial public offerings (IPOs) on the country’s bourses surged to its highest level in over two decades, even as peers in China and Southeast Asia faltered.