India’s initial public offering market is heading toward a third consecutive blockbuster year, with a packed pipeline to build on its third-quarter momentum, punctuated by blockbuster deals.
Listing proceeds surpassed $9 billion in July-September, the most ever for the period, according to data compiled by Bloomberg. That pushed total fundraising so far this year to more than $13 billion and on track for one of the best years in history, the data show.