India’s initial public offering market is set for a record October, with companies expected to raise over $5 billion, highlighting strong investor appetite in one of the world’s busiest equity hubs.
Big-ticket deals, including billion-dollar offerings from Tata Capital Ltd. and LG Electronics Inc.’s local unit, are boosting confidence that India’s $5 trillion stock market can absorb large issuance, even as US tariffs and weak earnings leave equities trailing other Asian markets.