CosmicTaco

Indian IPO Frenzy Doubles Volume, Stirs Bubble Concerns

CosmicTaco · 2024-10-09T10:02:08.853351+05:30

- Indian families are heavily investing in IPOs, causing a surge in the market. - The total IPO volume in India has exceeded $9 billion this year, double the amount raised in the same period in 2023. - Regulators are concerned about a potential bubble, as many of the IPOs are from small companies with limited track records. - Despite regulatory efforts to curb the frenzy, retail investors continue to show strong interest, even resorting to borrowing money to buy shares. - Major upcoming IPOs, including Hyundai Motor Co.’s India unit, are set to test the sustainability of the boom. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-10-09/india-ipo-investors-tap-family-for-help-as-retail-frenzy-grows)

Indian families are heavily investing in IPOs, causing a surge in the market.
The total IPO volume in India has exceeded $9 billion this year, double the amount raised in the same period in 2023.
Regulators are concerned about a potential bubble, as many of the IPOs are from small companies with limited track records.
Despite regulatory efforts to curb the frenzy, retail investors continue to show strong interest, even resorting to borrowing money to buy shares.
Major upcoming IPOs, including Hyundai Motor Co.’s India unit, are set to test the sustainability of the boom.

Source: Bloomberg