India's IPO Market Transitions From Startup Winter To Selective Spring
Published on: Dec. 26, 2025, 9:58 p.m. | Source: NDTV Profit
India’s IPO market in 2025 marked a decisive turn from the startup winter to a selective spring, with investors rewarding quality and sectoral leadership even as exuberance cooled in pockets. Fundraising hit fresh highs, led primarily by healthcare, technology and non-banking financial companies (NBFCs), which emerged as the biggest contributors to new listings this year, according to Motilal Oswal.
