India, Oct. 3 -- For real estate developers, an initial public offering is no longer simply a question of raising money. It is a decision that can change the way a company operates, brings in talent, builds credibility and manages its business.

That was the central question at a session on IPOs at CREDAI NATCON 2026, the three-day national real estate convention being held in Kolkata from October 2 to 4.

With India's primary market seeing strong activity this year, the discussion focused on a more fundamental issue for developers: should a company go public because market conditions are favourable, or only when the business is ready for the discipline and scrutiny of a listed company?

The timing of the discussion is significant. India'...