New-Age IPOs Are Re-Wiring India’s Growth Story
The narrative has moved beyond the glitz of unicorn status to the grit of the balance sheet. In 2025, India’s IPO market quietly crossed a symbolic milestone of more than Rs 1.7 lakh crore raised in a single year, surpassing even the blockbuster primary issues of 2024. The narrative has moved beyond the glitz of unicorn status to the grit of the balance sheet. While the successful listings of Lenskart, Meesho, PhysicsWallah, and Pine Labs are being cheered for their listing gains, the real...