India ranks the ninth largest IPO market in the world, capturing 3 % of the global market share, according to the Thomson Financial data.
Among Brazil, Russia, India and China (BRIC ecnomies), only Brazil and India increased their IPO proceeds two-fold, recording a rise of 292.4 per cent and 166.2 per cent respectively.
India has established the largest IPO and the largest follow-on offer on record, all issued this year, according to the Thomson Financial data.