The primary issue market of India has hit an all-time high with 63 corporates raising ₹ 1,18,704 crore through main-board initial public offerings (IPOs) so far in 2021. The simplification of rules by the Securities and Exchange Board of India (SEBI) has led to the record fundraising by the new-age technologies firms, which are mostly loss-making. Earlier regulation required a firm to have profit-making records in order to get listed at the stock exchanges. However, SEBI has changed the regulation. Now the loss-making companies can also get listed with some conditions. Ample global liquidity, strong revenue and increased retail participation were among the main factors driving IPO markets in India in 2021.