India’s economy is on the cusp of a major transformation, poised to become a $5 trillion powerhouse. India’s capital markets have come of age, boasting a market capitalisation of $4.5 trillion and a record-breaking 234 IPOs in 2023. This momentum has propelled India to the seventh-largest market globally and the fourth-largest stock market, surpassing Hong Kong. Despite geopolitical headwinds and market volatility, Indian capital markets have outperformed their emerging market peers. In fact, only the US has raised more capital via onshore IPOs, with India’s firms generating $5.8 billion in fresh capital. The country’s equity capital markets are also thriving, with firms raising $32.6 billion, second only to the US. Every aspect of the business is flourishing, from block trades to IPOs. As the country reaches this critical juncture, global investors are taking notice, drawn by the promise of growth and returns.
The Conclave will feature a panel discussion on IPO Readiness: The Road to Going Public will delve into India’s growth story with IPOs, IPO eligibility, preparation, and post-listing considerations, as well as recent developments such as the Social Stock Exchange. Attached is the tentative Agenda for your reference.