India, Feb. 22 -- A new report by Blume Ventures has noted that 23% of the IPOs activity in the world in 2024 took place in India. India accounted for 268 IPOs, with 90 mainboard listings and 178 SME listings, according to the Indus Valley Annual Report 2025.

Additionally, India's IPOs also raised the highest amount of money, at $19.5 billion, followed by US Nasdaq-listed IPOs, which raised $16.5 billion, and US NYSE-listed IPOs which raised $15.9 billion. The year also saw India's largest IPO, Hyundai Motors' Rs.27,870-crore fresh issue, which was the world's second largest IPO too in 2024.

However, the report added that the median market capitalisation of firms launching their IPO dipped for the third consecutive years in 2023, from R...