Top 5 biggest IPOs in India – Largest IPOs by issue size and Jio IPO 2026

Top 5 biggest IPOs in India – Largest IPOs by issue size and Jio IPO 2026 explores some of the largest initial public offerings in the Indian stock market, including the proposed Jio Platforms IPO. India's IPO market has attracted significant investor interest, with major companies raising thousands of crores through public offerings. This infographic compares five prominent IPOs by their reported or proposed issue sizes, highlighting the scale of India's capital markets.

Top 5 IPOs featured in this infographic:

1. Jio Platforms – ₹30,213 crore (2026, proposed IPO)

2. Hyundai Motor India – ₹27,870 crore (2024)

3. National Stock Exchange (NSE) – ₹22,569 crore (2026, as represented in the infographic)

4. Life Insurance Corporation of India (LIC) – ₹21,000 crore (2022)

5. Paytm (One97 Communications) – ₹18,300 crore (2021)

Jio Platforms IPO: Jio Platforms, part of the Reliance Industries group, operates across telecommunications, digital connectivity and technology services. Its proposed public offering has generated interest because of the company's large customer base and role in India's digital economy. The infographic features a proposed issue size of ₹30,213 crore. This figure should be treated as provisional until confirmed through official IPO documents and regulatory disclosures. A proposed IPO is not equivalent to a completed public offering.

Hyundai Motor India IPO: Hyundai Motor India launched its IPO in October 2024, raising approximately ₹27,870 crore. The offering became one of the largest IPOs in Indian stock market history. Hyundai is a major automobile manufacturer with an established presence in India's passenger vehicle market. Its public listing marked an important event for the Indian automotive sector.

National Stock Exchange IPO: The National Stock Exchange of India is one of the country's leading stock exchanges and plays a central role in equity, derivatives and other securities trading. The infographic includes NSE with a figure of ₹22,569 crore for 2026. This entry requires independent confirmation of its IPO status and issue size before being presented as a completed historical IPO.

LIC IPO: Life Insurance Corporation of India launched its landmark public offering in May 2022, raising approximately ₹21,000 crore. LIC is one of India's largest life insurance providers, with an extensive distribution network and a significant presence in the insurance industry. Its IPO attracted attention from retail investors and institutional participants.

Paytm IPO: One97 Communications, the parent company of Paytm, launched its IPO in November 2021 with an issue size of approximately ₹18,300 crore. Paytm operates in India's digital payments and financial technology ecosystem. Its public offering was among the largest Indian IPOs at the time and reflected growing interest in technology-driven financial services.

What is an IPO? An Initial Public Offering is the process through which a company offers its shares to public investors and becomes listed on a stock exchange. Companies may use IPOs to raise capital, provide liquidity to existing shareholders, support business expansion or strengthen their market presence. IPO issue size refers to the total value of shares offered, which may include fresh equity issuance and an offer for sale by existing shareholders.

Why do large IPOs attract attention? Large public offerings often generate interest because of their fundraising scale, brand recognition, institutional participation and potential influence on market liquidity. However, a larger IPO does not necessarily mean better listing gains or stronger long-term investment performance. Investors should assess company valuations, profitability, growth prospects, financial statements, business risks and offer documents before investing.

Important ranking note: This infographic combines completed historical IPOs with proposed or unverified 2026 entries. It should therefore be understood as an illustrative comparison rather than a verified ranking of the five largest completed IPOs in Indian history. The proposed Jio Platforms issue size and the NSE entry require confirmation from official regulatory and exchange disclosures.

Disclaimer: This content is provided for educational and informational purposes only and does not constitute investment advice. IPO issue sizes, offering dates, regulatory approvals, subscription details and listing schedules may change. Please verify the latest information through SEBI, NSE, BSE and official company prospectuses before making investment decisions.