Last year in 2024, a total of 268 IPOs were launched. The decline in 2025 was led by fewer SME offerings, which fell to 117 from 178 a year earlier. In contrast, mainboard IPOs increased to 103 in 2025 from 90 in the previous year, underlining sustained appetite for larger issues.
Initial public offerings (IPOs) in India are expected to regain momentum after a relatively steady first half of 2025, the latest data analysis by S&P Global Market Intelligence indicated.
Shares of One MobiKwik Systems were fully subscribed within the first hour of its opening on Wednesday, as market participants rushed to bag them in their portfolios.
Most notably, in the first half of 2024, India captured a quarter of global IPO volumes, and in the process, the country now has the highest number of mainboard listed companies globally at over 5,450.