Indian IPO Market Set for Record Month With $5 Billion in Deals

India’s bustling market for new equity listings is entering a crucial period, with proceeds from initial public offerings in October expected to cross a record $5 billion.

Two billion-dollar-plus IPOs, including the year’s biggest, will start taking orders from the public in the coming week. The offers by Tata Capital Ltd. and LG Electronics Inc.’s Indian arm are set to test investor appetite in one of the world’s busiest IPO venues of 2025, which has seen the pace of share sales accelerate despite global tariff shocks and geopolitical tensions.

The IPO rush in India has been powered by corporates ...