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India dominates global IPO race with over 220 deals in first eight months of 2024, reveals GlobalData

Summary by GlobalData
India topped the global IPO market, with 227 transactions totaling $12.2 billion in the first eight months of 2024. The remarkable performance was driven by strong market sentiment, a favorable macroeconomic environment, and a surge in investor interest fueled by fear of missing out (FOMO). Both the SME and mainboard IPO segments have contributed to this success, supported by strong demand from local retail investors and institutions, reveals Gl…

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