A recent report published by the Securities and Exchange Board of India (SEBI), India  has become the world’s top center for initial public offers (IPOs), despite increased  geopolitical tensions and global financial uncertainties. October 2025 was a  particularly good month for equities fundraising, as Indian issuances were among the  top-performing listings worldwide, confirming India’s growing importance in  international financial markets. 

The SEBI investigation showed that the worldwide IPO environment remained  exceptionally busy despite ongoing market volatility, trade-related concerns, and  macroeconomic instability across multiple regions. Over the course of the month, 139  businesses worldwide raised around USD 22 billion through primary market issuances. 

With nearly USD 4.2 billion raised, Verisure, a UK-registered firm, became the largest  public listing in Europe since 2022 and topped the global IPO chart. With its domestic  market debut, India-based Tata Capital secured USD 1.7 billion, making it one of the  biggest offerings of the month. India contributed to two of the top five global initial  public offerings (IPOs) that raised over USD 10 billion, demonstrating the nation’s  increasing influence in international fundraising. 

“India’s primary markets lead the world in IPO issuances despite global headwinds such  as geopolitical tensions and financial market volatility,” said SEBI. The regulator also  pointed out that India continued to lead China and Japan in IPO volume, confirming  Asia’s supremacy in both listing activity and capital mobilization during that time.  Significantly, due to a strong rise in large-ticket public offerings, Europe raised more  money than the US.

A Milestone Month for Indian Capital Markets 

For India’s IPO ecosystem, October 2025 is very significant. Together, the listings of LG  Electronics India Limited and Tata Capital Limited increased overall fundraising to an  astounding ₹41,783 crore, the biggest amount ever measured in a single month, exceeding the previous high of ₹36,305 crore reached in November 2021. 

The increase in Offer for Sale (OFS) transactions was one of the month’s most notable  trends. 73% of all capital raised through mainboard IPOs came from OFS, setting a new  record and surpassing July’s previous high. On the other hand, OFS participation  remained low at 4%, and SME IPOs continued to favor new issuance. 

Investor Sentiment and Regional Trends 

Regarding the exact amount of money raised and the quantity of initial public offerings,  the Western Region continued to hold the top spot. Twenty-nine of the 63 issues that  were issued in October came from western states, and together they raised a significant  sum of ₹19,847 crore. 

Market observers credit the robust performance to favorable liquidity circumstances in  the domestic equity market, active institutional participation, and persistent investor  confidence. India’s standing as a resilient capital market despite worldwide volatility  was further strengthened by strong listing demand and oversubscription in a number of  sectors. 

Conclusion 

An important turning point for India’s financial markets was its rise to the top of the  world’s IPO rankings in October 2025. India is already ahead of major foreign economies  in IPO mobilization thanks to strong local investor interest, favorable regulatory support,  and growing worldwide confidence in Indian businesses. India’s primary market  strength seems set to accelerate further as capital inflows continue to expand and more  businesses access stock markets, indicating a future in which India will continue to be a  major player in global fund-raising activity.