New Delhi, Dec. 31 -- 2025 turned out to be another blockbuster year for the Indian primary market, as companies across a diverse range of sectors entered Dalal Street in a bid to expand the scale of their operations.

The IPO market served as an effective platform for both companies and investors. While companies leveraged it to secure capital for growth, investors diversified their portfolios into emerging sectors, pushing overall fund mobilisation to record highs.

According to a report by Motilal Oswal, 365 IPOs raised Rs.1.95 trillion in 2025, surpassing the previous record of Rs.1.90 trillion raised by 336 IPOs in CY24. Of these, 106 were mainboard listings, raising Rs.1.83 trillion, while 259 were SME IPOs.

Despite record fundrais...