Indian IPO Market Set for Record October with $5 Billion in Deals

India’s IPO market is entering one of its most exciting periods yet. October 2025 alone is expected to see initial public offerings (IPOs) worth more than $5 billion, making it one of the busiest months ever for equity listings in the country. Retail investors and institutions alike are watching closely as the nation’s largest IPOs of the year prepare to open.

At the centre of this momentum are two billion-dollar-plus IPOs: Tata Capital Ltd., raising an estimated $1.7 billion, and LG Electronics India Ltd.

IPO Investing in India 2025: Fourth-Busiest Market Globally

The Indian stock market, valued at over $5 trillion, has shown modest growth in 2025, with the NSE Nifty 50 Index up around 5%, underperforming broader Asian equities, which have climbed about 23% this year. Despite this, IPO activity has surged, with $11.2 billion already raised by the end of Q3 2025.

This makes India the world’s fourth-busiest IPO market this year, highlighting the scale of opportunity for retail investors interested in IPO investing and IPO stocks.

India’s IPO market is entering a key phase, with October’s listings expected to raise about $5 billion. 

Regulatory Support Boosts Optimism

Recent regulatory changes have further fueled optimism in the IPO market. India’s securities market regulator has eased norms, making it easier for large private firms to go public. Additionally, the central bank has relaxed rules on loans for investors participating in IPOs, supporting broader retail investor participation.

Key IPOs to Watch: Tata Capital & LG Electronics

Two billion-dollar-plus IPOs are expected to take centre stage this month. The Tata Capital IPO, worth $1.7 billion, is a chance for investors to own shares in the financial services arm of the Tata Group, one of India’s most respected conglomerates. 

Meanwhile, LG Electronics India allows exposure to India’s expanding consumer demand.

IPOs 2025 – Timeline & What Retail Investors Should Know

The Tata Capital IPO will open for public subscription from October 6 to October 8, with trading set to begin on October 13. LG Electronics India will take orders from October 7 to October 9, with listings starting October 14.

While these IPOs are attracting strong interest, history suggests caution: large Indian listings have sometimes disappointed on their first trading day. 

For example, Hyundai Motor India’s IPO fell more than 7% on debut last year, while Life Insurance Corp. of India saw its shares drop almost 8% in May 2022.

Why India’s IPO Market Is Booming

The Indian IPO market is booming this October due to multiple factors.

The rush of IPOs is being fueled by strong domestic capital and growing investor confidence. Mutual funds, supported by monthly investment plans from retail investors, are actively participating, providing companies with the assurance that there is enough demand to absorb new share sales. Corporations are leveraging this opportunity to raise funds for expansion in one of the world’s fastest-growing major economies.

Conclusion

With October developing into a record month for initial public offerings, the Indian IPO market is seeing rapid growth. Retail investors have numerous opportunities to take part in IPO subscriptions, whether through Tata Capital, LG Electronics, or other upcoming IPO stocks. For investors seeking to expand into a new market, this period offers both encouragement and strategic potential in IPO investing. 

Source: MoneyControl

Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.