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IPOs in India

India's Biggest IPOs

The state-run Coal India (2010), Life Insurance Corporation (2022) and Hyundai Motor India (2024) were among the largest IPOs in India.

Some issues raised tens of thousands of crores.

Coal India

Its 2010 IPO raised about ₹15,000 crore and was hugely oversubscribed.

LIC

The 2022 offering raised over ₹20,000 crore, and the shares listed below the issue price.

Hyundai Motor India

The 2024 issue raised about ₹27,000 crore, the largest ever in India.

Lesson

Size does not guarantee a first-day gain.

A mega issue

Millions of investors applied, showing how large IPOs draw mass participation.

Assuming a big name guarantees profits

Valuation matters.

Key takeaways
  • Coal India listed in 2010.
  • LIC listed in 2022.
  • Hyundai India's 2024 IPO was a record.
  • Size does not guarantee gains.
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