Initial public offerings in India should get back on track in the second half of the year, according to Citigroup Inc., moving on from a rocky start that’s seen foreign investors withdraw capital and the rupee slide.
The ceremonial opening bell for LG Electronics India Ltd.'s listing ceremony at the National Stock Exchange (NSE) in Mumbai, India, on Tuesday, Oct. 14, 2025. LG Electronics India soared in its Mumbai trading debut after investors flocked to its initial public offering and made it the country’s most oversubscribed billion-dollar deal of its kind in 17 years.
Reliance Industries Ltd.’s plan to sell shares in digital arm Jio Platforms Ltd. — potentially India’s biggest-ever initial public offering — is running into a thicket of challenges exacerbated by the war in Iran.