India’s IPO market witnessed a historic year in 2024, raising a record Rs 1.6 lakh crore through 90 issues, driven by favorable conditions and economic growth. Hyundai Motor India’s Rs 27,870 crore IPO was the largest. With 34 companies already approved and 55 awaiting clearance, 2025 is poised to continue this momentum, potentially surpassing Rs 2.5 lakh crore.