Hong Kong has reclaimed its spot at the top of global IPO charts for total funds raised—a position it last held in 2019. In 2025, global IPO markets raised $158.4 billion across 1,227 deals, ...

Last year turned out to be one of the best years for initial public offerings (IPOs) since 2014. In 2025, the U.S. had 353 IPOs, with 210 operating company IPOs, and $70 billion in capital raised.

As a result, the IPO was 4.63 times oversubscribed. In the end, it minted a generation of retail investors who still talk about that moment today.

India’s equity capital markets have experienced a significant transformation between 2020 and 2025, shifting from being a cyclical fund-raising avenue to a structurally deeper and more resilient ...