Archive · 19 Dec 2025
India's IPO Boom and Domestic Investor Surge
India has seen a lot of companies going public (IPOs) recently, with domestic investors putting in a lot of money.
This shows that more people are investing in the stock market instead of saving money in other ways.
The number of individual investors has grown a lot, from 3 crore in 2019 to 12 crore in 2025.
While foreign investors have been pulling out money, domestic investors have been putting in more, helping the market stay strong.
The IPO boom and increased domestic investment show that India's market is becoming more mature and can handle changes better.
India has seen 91 IPOs raising ₹1.52 trillion by mid-November 2025, nearly matching the ₹1.59 trillion raised in all of 2024.
Domestic investors have invested approximately ₹4.5 lakh crore in the equity markets through mutual funds and other indirect channels this year.
The number of individual investors in India has risen sharply from around 3 crore in 2019 to over 12 crore in 2025.
Foreign portfolio investor interest remained weak, with overseas investors pulling out nearly $18 billion from equities in 2025.
The Indian market has shown resilience, with strong retail and institutional domestic participation supporting fundraising activity despite challenging global conditions.
- Who
- Domestic investors, Indian households, foreign portfolio investors
- What
- A surge in domestic investments and IPO activity in India's equity markets
- When
- As of mid-November 2025 and throughout 2025
- Where
- India
- Why
- To recycle capital quickly, indicate a maturing market, and shift household savings toward market-linked assets
- IPOs in 2025
- 91
- Funds raised in 2025
- ₹1.52 trillion
- Average listing gains in 2025
- 9%
- IPOs in 2024
- 91
- Funds raised in 2024
- ₹1.59 trillion
- Average daily cash turnover in July 2025
- ₹1.02 lakh crore
- IPOs in first half of 2024
- 153
- Funds raised in first half of 2024
- ₹34,923 crore
- Domestic investments in 2025
- ₹4.5 lakh crore
- Cumulative household investments since 2020
- ₹17 lakh crore
- Number of individual investors in 2019
- 3 crore
- Number of individual investors in 2025
- 12 crore
- Foreign portfolio investor outflows in 2025
- $18 billion
- Rupee's fall in 2025
- 5%
Sources
Are too many IPOs a signal of maturing market?
India IPO proceeds may hit $25 billion in 2026 as Jio, NSE and PhonePe prepare listings
Domestic investors pour ₹4.5 lakh crore in markets this year as household savings shift to equities: NSE Report
Fishing For Foreign Funds: India Rolls Out Major Financial Reforms to Pull in Cash From Abroad
Indian markets stay resilient, raise ₹9.7 lakh crore in H1 FY26: Report
