India's primary market saw an all-time high in 2025 with several records in terms of initial public offerings being made with investor interest and investments. The highlights of the year were large-cap financial and infrastructure plays, high subscription rates and large retail and institutional participation. One of the most subscribed IPOs was in ICICI Prudential Asset Management Company, which shows that there is confidence by the investors in the mutual fund and financial services industries in India.

The IPO markets in India were also driven by other issues like Tata Capital and LG Electronics India, also contributed to India's IPO market reaching significant fundraising milestones, with total public offerings raising tens of thousands of crores and displaying broad investor interest across sectors. 

Looking ahead, a robust IPO pipeline, supportive market conditions, and improving corporate fundamentals suggest continued momentum, with both domestic and global investors expected to remain active participants in India’s capital markets.

• ICICI Prudential AMC Among India’s Most Subscribed IPOs of 2025 
• Tata Capital IPO Emerges as One of India’s Largest Public Issues 
• LG Electronics India Makes Strong Debut in Indian Capital Markets 
• HDB Financial Services Strengthens BFSI Presence with Major IPO