IPO frenzy vs returns: Six of 10 most-demanded IPO darlings of 2025 fail to sustain listing gains
2025 was a blockbuster year for the Indian primary market. A total of 103 companies raised an all-time high of 1,75,901 crore via mainboard public offers, beating the 2024 record of Rs 1,59,784 crore mobilized via 91 IPOs. The overall response from the public, according to primedatabase.com, though still very good, was poorer than seen…