‘$200 mn an hour, oversubscription in hours’! India’s IPO market booming

News Snapshot:

India's IPO market is experiencing a significant boom, driven by strong domestic investor participation. Companies like LG Electronics India and Lenskart Solutions Ltd. have seen rapid oversubscriptions, positioning India as a leading global IPO destination. This surge reflects deep local liquidity and a fundamental shift towards a self-sufficient equity ecosystem. IPOs such as LG's, which is the third-largest this year in the Indian markets, have positioned India as one of the world’s most active IPO destinations. (AI image) India’s IPO (Initial Public Offerings) market is booming, even though the secondary market has seen timid returns this year. Sample this: In...