India’s IPO Boom Hits Record ₹1.8 Lakh Crore in 2025 as Wakefit and ICICI Prudential AMC Anchor a Blockbuster December
India’s IPO fundraising reached ₹1.77–1.8 trillion ($19.6 billion) by 8 December 2025, surpassing the 2024 record of ₹1.73 trillion. Major offerings from Wakefit Innovations and ICICI Prudential AMC are expected to push the total higher. Over 300 companies listed this year, but about half now trade below their issue price. Demand for large IPOs remains strong, with average subscription near 18 times.