India’s jewellery sector is gearing up for its biggest IPO wave yet, with ₹3,700 crore expected to be raised across 6–7 listings in 2025.
This marks a sharp jump from previous years, where most years saw just 1–4 deals and sub-₹1,200 crore raises.
The surge signals rising investor appetite for organised, brand-led jewellery businesses as consumer preferences shift away from traditional stores.
It also reflects a broader capital market trend, where even legacy offline businesses are tapping public markets to fund expansion.