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Mainboard IPOs by States in India 2025

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This report compiles state-wise mainline IPOs in India 2025.

Every year, hundreds of companies go public and offer IPOs to raise funds and list on the stock exchange. But most of the IPOs are from some states, including Maharashtra, Delhi, and Gujarat. The state-wise IPO report helps you identify the state with the highest number of IPOs in 2025. Companies from these states are well aware of the process of how to raise funds through IPO.

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