FY25 IPO Performance: 79 IPOs Raise 3X Capital Than Last Year

IPO Central  says the IPO market reflected widespread investor confidence and a mature investment ecosystem

By Arrangement With IPO Central

India’s equity primary market staged a commanding comeback in FY 2025, not just reviving but setting historic benchmarks. In FY25, 79 companies went public and raised over INR 1.62 lakh crore. Notably, 13 out of 79 IPOs were listed in negative territory. FY25 emerged as one of the most active years in Indian capital market history. From deep retail participation to robust institutional backing, the IPO market reflected widespread investor confidence and a mature investment ecosystem.

IPO Types Breakdown

1. Fresh Issues

• Number of IPOs: 13
• Funds Raised: INR 14,921.45 crore
• Average Listing Gain: 34.84%

2. Mixed Issues (Fresh + OFS)

• Number of IPOs: 52
• Funds Raised: INR 88,715.05 crore
• Average Listing Gain: 27.05%

3. Pure Offer for Sale (OFS)

• Number of IPOs: 14
• Funds Raised: INR 58,880.73 crore
• Average Listing Gain: 32.99%

Despite concerns around promoter exits, OFS-based IPOs in FY25 delivered strong performances, reflecting market maturity.

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