India’s initial public offering (IPO) market has already witnessed 80 listings in 2025, raising over ₹80,000 cr so far. Looking ahead, analysts estimate that the IPO pipeline could generate an additional ₹41,000 cr in the next 10 weeks alone.
Several marquee companies are gearing up to hit the market. Groww is targeting around ₹6,500 cr, while Lenskart Solutions has filed for an IPO worth about ₹6,000 cr, with roughly ₹2,150 cr through fresh issuance. PhysicsWallah is also preparing to raise around ₹3,800 cr, including ₹3,100 cr via fresh issue and ₹720 cr via offer for sale.
Other notable IPOs in the pipeline include ICICI Prudential AMC, aiming to raise between ₹9,000–10,000 cr, and Pine Labs, which is eyeing about ₹5,500 cr.
The surge highlights the robust appetite in India’s primary markets, though analysts caution that listing performance and valuations will remain under close scrutiny.India’s initial public offering (IPO) market has already witnessed 80 listings in 2025, raising over ₹80,000 cr so far. Looking ahead, analysts estimate that the IPO pipeline could generate an additional ₹41,000 cr in the next 10 weeks alone.
Several marquee companies are gearing up to hit the market. Groww is targeting around ₹6,500 cr, while Lenskart Solutions has filed for an IPO worth about ₹6,000 cr, with roughly ₹2,150 cr through fresh issuance. PhysicsWallah is also preparing to raise around ₹3,800 cr, including ₹3,100 cr via fresh issue and ₹720 cr via offer for sale.
Other notable IPOs in the pipeline include ICICI Prudential AMC, aiming to raise between ₹9,000–10,000 cr, and Pine Labs, which is eyeing about ₹5,500 cr.
The surge highlights the robust appetite in India’s primary markets, though analysts caution that listing performance and valuations will remain under close scrutiny.
