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Experts attribute the recent surge on factors like favorable market sentiment, robust domestic liquidity, and a strong appetite among retail and institutional investors.
13 Mainboards, 84 SMEs: IPO Market Gathers Steam In 2025
IPOs: The IPO market has seen a revival in the past few weeks after a slumber to raise capital, including both mainboards and SMEs. The sudden rebound in the primary market comes on the heels of a revival in the secondary market, which has been in the consolidation zone over the past one year.
HDB Financial Services has so far the biggest IPO of 2025 with an issue size of Rs 12500 crore. It is currently available for subscription. On the end of Day 2, the issue was subscribed fully. Investors bid for 15,11,23,780 equity shares against the offered shares of 13,04,42,855.
In the first five months of 2025, a total of 13 mainboard IPOs were listed in the primary market, with no listings in March and April 2025.
According to MoneyControl report citing exchange data, eight mainboard IPOs have collectively raised around Rs 17,688 crore, the highest monthly fundraising via IPOs in the last six months.
In the SME segment, 30 companies launched IPOs in June, aiming to raise around Rs 1,329 crore, which is a nine-month high.
Experts attribute the recent surge on factors like favorable market sentiment, robust domestic liquidity, and a strong appetite among retail and institutional investors.
Bajaj Broking research noted that many companies are capitalizing on high valuations amid bullish secondary markets to raise capital and de-leverage their balance sheets or fund expansion.
Bajaj Broking research also hinted on SEBI’s regulatory reforms streamlining the IPO process, reducing timelines and encouraging more companies – especially from tech, financial services, and manufacturing – to go public.
India has emerged as a major player in the global IPO landscape, capturing 22% of global IPO activity in the first quarter of 2025 (Jan-March), according to the latest IPO trends report by EY.
LG Electronics Limited, NSE IPO, Tata Capital, JSW Cement, Ather Energy are some of the heavyweight IPOs which can come this year. On the startup front, PhonePe, Zepto, boAt, OYO, Swiggy, Urban Company, OfBusiness, and Prozeal Green Energy are preparing filings for 2025 listings, reflecting diverse industry representation from fintech to EVs and hospitality
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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