Since September 2024, India's IPO market has surged with a 167% increase
GS3Economy · S&T · Environment · Security· Capital markets & SEBI· Prelims·
Primary market resilience and capital formation: a key GS3 economic analysis point.
Why in news
India's IPO market witnessed a significant surge between September 2024 and September 2026, characterized by a 167% increase in IPO volume despite a decline in major indices like Sensex and Nifty.
Background
The IPO market saw a 253% rise in issue amounts by September 2026. Hyundai Motor India launched the largest IPO to date at ₹27,858.75 crore, followed by the National Stock Exchange's ₹22,562.71-crore issue.
Facts for Prelims
- FactIPO market surge: 167% increase in number of IPOs and 253% rise in issue amounts between September 2024 and September 2026
- FactSensex and Nifty performance: Sensex declined 12.3% and Nifty fell 10.4% during the same period
- FactHyundai Motor India IPO: ₹27,858.75-crore issue (largest to date)
- FactNational Stock Exchange IPO: ₹22,562.71-crore issue
- FactForeign investor behavior: Net sellers in listed markets but active buyers in IPOs
Prelims practice question
What was the issue amount of the Hyundai Motor India IPO, the largest to date as of September 2026?
- (a)₹27,858.75-crore
- (b)₹10,250.50-crore
- (c)₹35,900.10-crore
- (d)₹15,400.20-crore
Show answer
Answer: (a) ₹27,858.75-crore — The note identifies Hyundai Motor India's ₹27,858.75-crore IPO as the largest to date.
For Mains
Q. Analyze the factors driving the resilience of India's primary market (IPOs) amidst volatility in secondary market indices like Sensex and Nifty.
Dimensions to cover in your answer
- Investor sentiment: Preference for direct equity participation over secondary market volatility
- Liquidity dynamics: Shift of foreign institutional investment towards primary market offerings
- Market depth: Impact of large-scale corporate listings on capital formation and market liquidity
Keywords: Capital formation · Primary market · Secondary market · Liquidity · Investor sentiment · Market volatility
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This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.