New Delhi, Dec. 9 -- India has emerged as the global leader in IPO issuance as the top five global IPOs in October collectively mobilized over USD 10 billion, of which two were from India, highlighted a report by the Securities and Exchange Board of India (SEBI).

According to the report, the global IPO market saw significant fundraising activity during the month, despite geopolitical tensions, trade uncertainties and financial market volatility.

A total of 139 companies across the globe raised USD 22 billion through IPOs. Verisure, registered in the UK, recorded the largest IPO of the month, raising more than USD 4.2 billion, making it Europe's biggest IPO since 2022. This was followed by Tata Capital, which listed on domestic exchanges...