In 2025 so far, Indian IPOs raised ₹52,213 crore, with promoters offloading ₹33,016 crore through Offer for Sale (OFS)—a three-year high.

This trend reflects high valuations platforms present for capital-rich promoters. 

Existing shareholders are leveraging market appetite for partial exits.

High OFS proportion may reduce fresh capital infusion from IPOs.

Retail investors may receive fewer newly issued shares per IPO.

The shift marks evolving exit dynamics in Indian equity market.

Appetite for newer listings remains, but supply mix is changing.

Regulatory watchers may assess impact on listing strategies.

Promoter liquidity could catalyze portfolio diversification.

Overall, it highlights capital cycle maturation across sectors.