Big-ticket IPOs return to favour as 2025 subscriptions hit four-year high

November 14, 2025

2025 has seen a surge in demand for large IPOs, with average subscriptions for issues over ₹5,000 crore reaching 17.7 times, the highest since 2021. This broad-based demand, driven by institutional investors and a preference for profitable, proven businesses, marks a shift towards more discerning investment strategies.

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