• Primary market expansion: After raising approximately ₹178,000 crore across 112 IPOs in the previous fiscal year, Indian primary market issuances are poised to potentially double, supported by strong domestic institutional liquidity and upcoming mega-offerings.
• Capital expenditure funding: Companies are increasingly tapping markets to fund physical expansion rather than pure secondary cashing out, with QIP fundraising in the first five months nearly matching the ₹62,000 crore raised across 29 QIPs during the prior year.
• Private equity monetization: Around 40% of current main-board IPOs are PE- or VC-backed, and public market channels including IPOs and secondary block trades now account for 50% to 60% of total private equity exits.
• Retail investing trends: Retail and HNI investors are shifting from chasing short-term listing gains toward long-term portfolio allocation, evaluating company quality and sector diversification rather than applying indiscriminately.
• Sectoral capital allocation: Manufacturing leads market appetite and comprises 25% to 40% of private equity and investment banking focus, followed by sustained interest in power infrastructure, healthcare CDMO, financial services, and profitable new-age technology firms.