Trumpian economics and fluid geopolitics notwithstanding, Indian companies are poised to raise over $2 billion from Initial Public Offerings (IPOs) in July alone.
In fact, the country’s share in global IPO listings has risen from 17% in 2023 to 30% in 2024—the highest in the world.
A subtext of this phenomenon is the contribution of the Indian retail investor. For long they were considered risk averse, preferring safety over returns. No longer. Their growing risk appetite is the subtext of this IPO boom.
To unpack India’s makeover from a saver to an investor nation, StratNewsGlobal.Tech spoke to Pranav Haldea, Managing Director, Prime Database on Capital Calculus.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.
