10 biggest Indian IPOs by issue size

DECEMBER 26, 2025

Images: Shutterstock; Data: Chittorgarh

From ICICI Prudential Asset Management to Hyundai Motor, here are some of the largest mainboard IPOs in India by issue size.

10. ICICI Prudential Asset Management

Issue size: ₹10,602.65 crore
Subscription: 28.19x
Year: 2025

9. General Insurance Corporation of India

Issue size: ₹11,256.83 crore
Subscription: 1.34x
Year: 2017

8. Swiggy

Issue size: ₹11,327.43 crore
Subscription: 2.42x
Year: 2024

7. LG Electronics India

Issue size: ₹11,607.01 crore
Subscription: 38.03x
Year: 2025

6. HDB Financial Services

Issue size: ₹12,500 crore
Subscription: 13.07x
Year: 2025

5. Coal India 

Issue size: ₹15,199.44 crore
Subscription: 15.20x
Year: 2010

4. Tata Capital

Issue size: ₹15,511.87 crore
Subscription: 1.65x
Year: 2025

3. One 97 Communications

Issue size: ₹18,300 crore
Subscription: 1.48x
Year: 2021

2. Life Insurance Corporation of India

Issue size: ₹20,557.23 crore
Subscription: 2.05x
Year: 2022

1. Hyundai Motor India

Issue size: ₹27,858.75 crore
Subscription: 1.93x
Year: 2024

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