India’s IPO market eyes record December with eight issues worth over ₹30,000 crore

India’s primary market is heading for its busiest December on record, with eight companies expected to launch initial public offerings worth more than ₹30,000 crore by month-end, according to people familiar with the matter. If realised, this would surpass December 2024’s record of ₹25,438 crore raised through 15 IPOs. E-commerce platform Meesho is set to lead the pack with an issue size of around ₹6,000 crore, targeting a post-money valuation of approximately $5.93 billion. The company filed draft papers c ...