New Delhi, April 29 -- India's Initial Public Offering (IPO) market continues to demonstrate resilience, securing a 22 per cent share of global IPO activity in the first quarter of 2025, according to the Q1 2025 IPO Trends Report by EY.

With 62 IPOs raising a total of USD 2.8 billion, India remains a leading destination for companies seeking to go public, even amidst a backdrop of global market uncertainties.

As per the EY report, the largest IPO during this period was by Hexaware Technologies Ltd., which successfully raised USD 1.0 billion, highlighting the ongoing demand for technology-related offerings in the Indian market.

However, the overall IPO activity in India saw a decline of approximately 20 per cent compared to the previous...