India’s IPO Fundraising Touches Record ₹1.77 Trillion Amid Strong Demand

India’s IPO fundraising activity has reached an all-time high of ₹1.77 trillion by December 8, 2025, indicating strong investor interest despite subdued secondary market returns.  

The participation from both retail and institutional investors continues to support the robust primary market trend. 

Strong Investor Demand Fuels ₹1.77 Trillion IPO Proceeds 

Initial public offerings in India have collectively raised ₹1.77 trillion ($19.6 billion), breaking the previous record of ₹1.73 trillion achieved in 2024. This was achieved even as over 300 companies entered the market this year. Upcoming deals, including a ₹10,000 crore offering by ICICI Prudential Asset Management Co., are expected to contribute further by mid-December. 

The growth has been driven by increasing retail investor participation and consistent institutional interest in new listings. Capital market reforms and smoother listing procedures have further contributed to this momentum. 

Mixed Performance Post Listing for New IPOs 

Despite the strong fundraising data, nearly 50% of the newly listed firms are trading below their offer prices. Companies such as Tata Capital Ltd., JSW Cement Ltd., and WeWork India Management Ltd. are among those underperforming post debut.  

The IPO pipeline consists of companies from industries ranging from financial services to infrastructure and technology. Foreign institutional investors remain active participants in these offerings, especially due to stable policy conditions and economic growth expectations. 

Read More: Jio Platforms IPO: Reliance Industries Said to Begin Work on Draft Prospectus! 

Conclusion 

India’s IPO market has achieved record fundraising of ₹1.77 trillion in 2025, reflecting investor confidence in primary markets. However, post-listing performances suggest careful evaluation may be essential while investing, as many stocks remain below listing price despite strong demand. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.