India's record-breaking capital-raising spree will continue in 2025 given the strong pipeline of firms looking to go public, the head of the country's oldest exchange told Reuters.
"There are 90-plus companies that have already filed their draft prospectus with the regulator, looking to raise an estimated 1 trillion rupees ($11.65 billion) at some point this year," Sundararaman Ramamurthy, the CEO of BSE said on Thursday.
Last year, 91 large firms went public on the BSE, earlier known as the Bombay Stock Exchange, and the NSE, or National Stock Exchange, raising a record 1.6 trillion rupees via initial public offerings (IPOs), according to analytics firm Prime Database.
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