SEPTEMBER 04, 2024

5 biggest IPOs in India

In recent years, many large companies have gone public with blockbuster IPOs. Here is a list of the biggest IPOs in India.

LIC
The largest insurance company in India, LIC, launched the largest IPO in the country’s history. The PSU insurer raised over ₹21,000 crore via its IPO on May 12, 2022.

Paytm
With an issue size of ₹18,300 crore, Paytm’s IPO was the second largest in India. The fintech company went public on November 18, 2021.

Coal India
India’s largest coal producer, Coal India, went public on November 4, 2010. The PSU raised ₹15,199 crore, making it the third-largest IPO in India.

Reliance Power
Anil Ambani-promoted Reliance Power went public on February 11, 2008. The largest IPO launch at the time, the company raised ₹11,563 crore, making it the fourth-largest in India.

General Insurance Corporation of India (GIC)
India’s largest reinsurer, GIC, went public on October 25, 2017. The company raised ₹11,175 crore, making it the fifth-largest IPO in India.

Image credit: GIC

The buzz around IPOs continues as numerous big companies such as Swiggy, Hyundai, Bajaj Housing Finance, NSE, LG Electronics and many more are set to go public in the coming months.

Bajaj Housing Finance IPO: 5 things to know

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