New Delhi: India’s equity market is set to raise up to $8 billion through IPOs in the final quarter of 2025, investment bankers say, with Tata Capital and LG Electronics India among the top firms launching share sales this month.

That would make the October –December quarter the second busiest on record, trailing only the same period last year when companies similarly rushed to sell shares.

Over 240 large and mid-sized firms raised $10.5 billion in the first nine months of 2025, making India the third-largest globally in terms of funds raised via IPOs, LSEG data shows.

“Investor interest is very strong and we are seeing some eight to nine very large IPOs lined up in this quarter,” said Suraj Krishnaswamy, managing director of investment banking at Mumbai-based Axis Capital.

“Each of

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