Citi expects India IPO market to rebound later in 2026
NewsBytes | May 21, 2026 4:39 PM CST
IPOs $3.5bn and M&A activity rising
Only $3.5 billion has been raised through IPOs so far in 2026, way down from $22.4 billion last year when India was the world's third-biggest IPO market.
Still, Citi's Arvind Vashistha says most deals usually happen at the end of the year, and this time, numbers could even beat 2025 by up to 10%.
On the mergers and acquisitions front, activity is picking up too, with Indian companies making big moves and global firms selling off non-core assets despite some economic headwinds.
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