Due to higher-than-expected tax income and a record surplus transfer by the Reserve Bank of India (RBI), India may enhance its FY25 capital expenditure by 8–10% from the Rs 11.11 lakh crore previously authorized, according to a report released on Tuesday.
According to a report by domestic financial giant Pantomath Group, the results of the June election fueled continuous confidence for policies and changes, sustaining a medium- to long-term bullish outlook for Indian equities.
In the second quarter (Q2) of this year, in May, the nation’s stock market capitalization also crossed the $5 trillion barrier for the first time, placing it fifth in the world after the US, China, Japan, and Hong Kong. “Favourable market conditions, high liquidity, a conducive growth environment with stable interest rates, and benign inflation have facilitated a boom in the IPO market,” said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors.
After the budget, the IPO market will get more traction, and India is expected to emerge as the next frontier for equity finance for multinational companies, he continued.
A busy time is expected in India’s primary market, as 55 companies intend to raise more than Rs 68,000 crore through initial public offerings (IPOs).
In the first half of 2025, about 35 initial public offerings (IPOs) raised about Rs 32,000 crore, with an average subscription rate of 61 times.
In terms of the real estate industry, government policies and urbanization are expected to propel strong growth, necessitating debt financing of Rs 14 lakh crore ($170 billion) between 2024 and 2026.
According to the report, the cities of Bengaluru, Mumbai, and the National Capital Region (NCR) are predicted to reap the greatest benefits, as construction finance and lease rental discounting (LRD) are expected to rise by 40% over the next three years.
With the expectation of 6-7 percent compound growth in the upcoming years, the cement industry’s major companies are extending their reach through inorganic acquisitions. By March 2025, the top five firms will hold a majority share of the market. FMCG companies have started guiding for recovery in business from rural regions.
According to the report, the cities of Bengaluru, Mumbai, and the National Capital Region (NCR) are predicted to reap the greatest benefits, as construction finance and lease rental discounting (LRD) are expected to rise by 40% over the next three years.
With the expectation of 6-7 percent compound growth in the upcoming years, the cement industry’s major companies are extending their reach through inorganic acquisitions. By March 2025, the top five firms will hold a majority share of the market.
