Bharti Hexacon's IPO is the country's largest since Mankind Pharma Ltd raised 43.3 billion rupees a year ago. A strong start could help open a window for more large deals in India, dubbed by bankers as one of the hottest spots for first-time share sales in Asia this year. "Bharti Hexacom is well-positioned to capitalize on the evolving market trends and consumer preferences," said Rajan Shinde, Mumbai-based analyst at Mehta Equities Ltd. The offering may further boost activity in the equities market that has mainly been hosting IPOs smaller than $100 million in size over the past year. Those share sales drew a strong response from retail investors and surged after listing, drawing scrutiny by regulators concerned about market froth. In the past 12 months through Wednesday, only two offerings in India raised more than $500 million.