India ranks among top IPO markets with $2.8 billion raised in Q1 2025: EY Report

India’s Initial Public Offering (IPO) market continues to demonstrate resilience, securing a 22% share of global IPO activity in the first quarter of 2025, according to the Q1 2025 IPO Trends Report by EY. With 62 IPOs raising a total of $2.8 billion, India remains a leading destination for companies seeking to go public, even amidst a backdrop of global market uncertainties.

As per the EY report, the largest IPO during this period was by Hexaware Technologies Ltd., which successfully raised USD 1.0 billion, highlighting the ongoing demand for…