In 2025, 5 IPOs have attracted investor bids exceeding ₹1 lakh crore. Apart from the two previously discussed offerings, this list includes ICICI Prudential AMC, Tenneco Clean Air, HDB Financial Services, and Anthem Biosciences. Below is an overview of how these 5 heavily subscribed IPOs have performed since listing.
ICICI Prudential AMC’s ₹10,602 crore IPO attracted robust interest during its three-day offering, with institutional investors and ICICI Bank shareholders leading the demand. The issue garnered bids exceeding ₹3 lakh crore, positioning it as the second-most bid-for IPO in India in 2025.
LG Electronics India emerged as the most subscribed IPO of the year, drawing bids worth ₹4.4 lakh crore over its three-day issue period and achieving a subscription of 54 times.
The stock made an impressive market debut, listing at ₹1,715 against an issue price of ₹1,140. After gaining 48% on listing day and touching a post-listing peak of ₹1,789, the stock has since entered a corrective phase. It is currently trading about 13% below its post-listing high and has slipped under its listing price. Despite this, the stock remains up 33% from its IPO price.
More than a month after its listing, Tenneco Clean Air continues to hold most of its gains. Its ₹3,600 crore IPO attracted bids worth ₹1.57 lakh crore, making it the second most subscribed IPO of 2025, with an overall subscription of 61.79 times.
The stock listed at a premium to its issue price and later climbed to a post-listing high of ₹517. It has since declined around 10% from that peak. Even so, shares are still trading 17% above the IPO price of ₹397.
HDB Financial Services saw demand of over 16.6 times, with total bids amounting to ₹1.6 lakh crore against an issue size of ₹12,500 crore. The stock listed at a slight premium and moved up to a post-listing high of ₹891. However, it has struggled to maintain momentum thereafter.
Anthem Biosciences recorded strong investor interest, with its ₹3,395 crore IPO being subscribed over 60 times and receiving bids worth ₹1.6 lakh crore during the issue period.
The stock debuted above its issue price of ₹570 and has managed to stay above that level. However, after reaching a post-listing high of ₹873, the stock has corrected by about 22%.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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.
Published on: Dec 22, 2025, 2:51 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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