Big Bang IPO season: Tata Capital, LG, Groww lead Rs 2.58 lakh crore rush

India’s IPO market is set for a blockbuster in the second half of 2025, with big-ticket offerings lined up such as Tata Capital (Rs 17,200 crore), LG Electronics (Rs 15,000 crore), and Groww (Rs 5,950 crore). A diverse mix of financial services firms, tech startups, and unicorns are preparing to tap the public markets. IPOs worth Rs 1.15 lakh crore have already received Sebi's nod, while another Rs 1.43 lakh crore in proposals await approval — bringing the total pipeline to a massive Rs 2.58 lakh crore, according to data from Prime Database, as reported by The Economic Times.

In H1 2025, 26 companies raised Rs 52,200 crore, led by HDB Financial Services’ Rs 12,500-crore issue. The upcoming slate includes new-age names like Meesho, PhonePe, Boat, Lenskart, and Physics Wallah, with expected issue sizes ranging from Rs 1,500 crore to Rs 9,000 crore. Others like Pine Labs, Amagi, and Urban Company are also eyeing market debuts. The momentum builds on 2024’s strong finish, where 90 IPOs raised over Rs 1.60 lakh crore in total. Check out the list of upcoming IPOs and their estimated issue values.