Key Highlights
- Sustained participation from retail investors, along with strong interest from overseas investors amid rich valuations in the secondary market, has resulted in a record 365 companies successfully listing their shares during the year.
- Over the past 24 months, IPOs have emerged from a wide range of sectors rather than being confined to a select few or primarily to emerging industries, as was common in previous years.
- According to domestic brokerage firm Motilal Oswal, this diversification is a positive indicator for Indian capital markets, as it offers investors multiple opportunities to participate in India’s growth story.
- The brokerage’s analysis showed that 701 companies raised ₹3.8 trillion during CY24–CY25 YTD, higher than the ₹3.2 trillion mobilised through 629 IPOs between CY19 and CY23.
- In 2025 alone, as many as 365 IPOs raised ₹1.95 trillion, surpassing the previous record of ₹1.90 trillion raised by 336 IPOs in CY24, highlighting the sustained momentum in primary market fundraising.
