India's initial public offering (IPO) landscape is heating up, with significant developments anticipated in 2024. The private equity investment inflows into the Indian real estate sector reached $2.2 billion in Q3 2024, marking a 9% sequential increase and more than doubling the investment volume from the same period last year, according to a report by India Savills. In addition, the total equity invested by private equity firms in India during the first nine months of 2024 hit $10.9 billion, a 38.9% increase compared to the previous year. Among the notable IPOs, ed-tech unicorn PhysicsWallah has shortlisted four investment banks for a planned IPO valued between $400 million and $500 million, expected in 2025. Furthermore, recent regulatory reforms in India are expected to facilitate the return of IPO-bound startups that are currently based abroad, as they will no longer face a cumbersome compliance step that previously delayed their homecoming. This shift is anticipated to accelerate participation in India's burgeoning IPO market, which is drawing increased interest from retail investors, many of whom are enlisting family members to secure share allotments.