Overview

September 2025 saw active momentum in the IPO market, with 53 IPOs debuts across diverse sectors. Let's take a closer look at the key highlights of September 2025
In September 2025, 17 Mainline IPOs and 36 SME IPOs were issued across diverse sectors, including consumer & retail, industrial goods manufacturing, and tech & internet. The largest Mainline IPO was launched by Urban Company, with an issue size of approximately INR ~1,900 Cr. On the SME front, the highest issue size is attributed to True Colors, amounting to INR 128Cr.