The global initial public offering (IPO) market in 2024 showed signs of recovery, though it remained cautious. In the United States, IPO activity picked up, but a heated presidential election caused a pause in activity, pushing hopes for a stronger rebound to 2025. In India, the IPO market was robust, with companies raising a record ₹1.6 lakh crore in 2024, highlighted by Hyundai Motor India's historic ₹27,870 crore IPO, the country's largest ever. The Indian market's strength was driven by investor interest in IPOs and a bullish market sentiment that facilitated record exits by private equity (PE) and venture capital (VC) firms, totaling ₹1.14 lakh crore across 103 firms. Smallcap stocks in India saw PE/VC exits worth over ₹54,000 crore in 2024, with 447 companies experiencing insider deals resulting in net selling of ₹1.3 lakh crore. Southeast Asia's IPO market hit a low in 2024 but is expected to rebound in 2025, with a focus on local listings and tech-driven IPOs. The tech sector globally saw a slow year for IPOs in 2024, but there is optimism for 2025, with expectations of increased activity from high-growth tech companies.