India’s IPO Boom Reflects Market Maturity, Not Speculative Mania: Bernstein’s Venugopal Garre
India’s surging IPO activity in 2025 is a reflection of market maturity, structural depth, and investor confidence—not speculative excess, according to Venugopal Garre, Managing Director at Bernstein India. Speaking to ETMarkets on October 16, 2025, Garre emphasized that the country’s IPO pipeline, which has already seen 78 mainboard listings and raised over $14.2 billion this…