India's IPO wave: New companies shake up the stock market

Business Nov 24, 2025

India's stock market is buzzing, with nearly 180 companies going public and raising around ₹3 lakh crore through IPOs in just two years.
This boom has brought a lot of fresh names to the domestic exchanges, and now over 800 listed companies are valued at ₹5,000 crore or more.

Big gains—and some warnings

While new IPOs like Tata Capital and LG Electronics India have added serious value (₹1.4 lakh crore and ₹1.1 lakh crore), older giants like TCS and Asian Paints have seen their stocks drop by up to 17% as competition heats up.
The BSE IPO Index is up 30% since January, but experts like Prashant Jain caution that many newcomers might not live up to the hype long-term because of high valuations and shaky fundamentals.