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Record IPO Week: $4.4 Billion Raised, AI Stocks Surge

9/15/2025

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Story summary
  • The IPO market had a record week, with seven companies raising $4.4 billion, the highest amount in nearly four years.
  • Five IPOs exceeded pricing expectations, yielding an average return of 17%, while the IPO Index increased by 4.3%, outperforming the S&P 500.
  • AI stocks, especially CoreWeave and Astera Labs, surged after Oracle's positive earnings report.
  • Hy-Tech Engineers Limited filed for an IPO, seeking up to INR700 million for machinery, debt repayment, and corporate needs.
  • The Indian hydraulic fittings market is expected to grow at a CAGR of 10.4% from CY24 to CY30, driven by industry demand.
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