Asia Pacific was the top region in terms of initial public offerings, according to GlobalData, with India being the continent’s leader.
APAC saw 604 companies go public and raise a total of $33.9 billion in 2024, according to GlobalData. India was the regional leader with $11.2 billion raised from 216 initial public offerings (IPO).
Globally, there was a total of 867 IPOs raising $84.9 billion compared to $73.4 billion from 1,041 listings in 2023. Technology and communications (TMT) was the top sector with 149 IPOs and a total value of $8.9 billion. This was followed by financial services (122 deals, $9.3 billion), pharmaceuticals and healthcare (77 deals, $10.2 billion) and construction with (73 deals, $3.3 billion).
2025 Outlook
According to Murthy Grandhi, company profiles analyst at GlobalData, the outlook for next year is also set to be positive.
«GlobalData expects the global IPO market is set for a strong performance in 2025, fueled by favorable monetary policies, robust liquidity, and rising valuation levels. Historically, IPO activity has increased after US presidential elections due to greater policy clarity and stabilized market sentiment. Industrials, TMT, and financials are expected to lead the early wave of IPOs, with growth anticipated across nearly all sectors,» Grandhi said.
«As these dynamics converge, 2025 promises a dynamic and interconnected global IPO market, presenting compelling opportunities for issuers and investors alike.»
