Promoters, PE-VCs Cash Out Rs 99,644 Cr in 2025 IPOs Amid Subdued Gains

• Promoters and PE-VCs aggressively utilized public markets in 2025, exiting stakes worth Rs 99,644 crore through IPOs.
• Promoter exits totaled Rs 79,000 crore, while PE-VC stake sales reached Rs 20,644 crore, dominating the Rs 1.11 lakh crore OFS segment.
• LG Electronics Inc (Rs 11,600 cr), Prudential Corporate Holdings (Rs 10,600 cr), and HDFC Bank (Rs 10,000 cr) were top promoter sellers.
• Peak XV Partners led PE-VC exits with Rs 2,687 crore; startup founders like Peyush Bansal (Lenskart Solutions) also sold shares.
• IPO listing performance was subdued in 2025, with average gains at 9% compared to 29-30% in prior years, despite FII investment in primary markets.

Why It Matters: Public markets saw massive promoter and PE-VC exits in 2025, but IPO gains significantly dropped.