Mutual funds invest nearly Rs 20,000 crore in IPOs in 2025, large issues dominate
The five largest IPOs of the year — Tata Capital (Rs 15,511.9 crore), HDB Financial Services (Rs 12,500 crore), LG Electronics India (Rs 11,604.7 crore), Hexaware Technologies (Rs 8,750 crore), and Ather Energy (Rs 2,980.8 crore) — together accounted for 42% of total proceeds and absorbed nearly 44% of mutual fund investments.