Reported 2 days ago
In 2024, India's booming IPO market produced seven new billionaires, primarily in the renewable energy sector. Key figures include Chiranjeev Singh Saluja of Premier Energies, whose company has risen significantly in value due to increased investment in solar energy. Despite the potential for further growth, industry leaders foresee a need for consolidation and face challenges from economic uncertainties and global market conditions. The Indian IPO landscape is evolving, with projections for more companies to enter the market in 2025, especially from financial services and tech sectors.
Source: YAHOO