India’s IPO Fundraising Hits Record ₹1.77 Trillion Update Summary - IPO proceeds touch ₹1.77 trillion, surpassing last year’s ₹1.73 trillion. - Strong retail and institutional demand despite volatility. - Upcoming IPOs like ICICI Prudential AMC could lift totals further. Key Details - Secondary market showing weakness as some listings trade below issue price. - Robust pipeline signals deepening investor appetite. - Highlights India’s emergence as a major global equity-raising hub. Impact - Capital Markets: Positive — record fund inflows reinforce investor confidence and market depth, though near-term valuations remain stretched. Key Takeaway Record-breaking IPO inflows affirm India’s growing stature as a leading global fundraising destination.