Mumbai: India’s primary market has seen a surge in Initial Public Offerings (IPOs) this December, with NTPC Green Energy and Lamosaic India among the key players. The increased activity signals renewed investor interest, especially in the renewable energy and technology sectors.
NTPC Green Energy, a subsidiary of state-run NTPC, aims to raise ₹2,500 crore through its public offering. The funds will support the company’s ambitious expansion in the renewable energy space. Similarly, Lamosaic India, a technology solutions firm, plans to raise ₹1,200 crore, reflecting investor appetite for technology-driven businesses.
The buoyant IPO market comes after a subdued period in 2023 due to macroeconomic uncertainties. Analysts believe the revival of IPOs is a sign of growing investor confidence and optimism regarding India’s economic prospects in 2025.