Kolkata: The IPO boom in the Indian stock market is continuing despite the secondary market navigating through turbulent times. The country has a pipeline
of IPOs worth approximately Rs 4.66 lakh crore. According to data from Prime Database, a total of 238 companies are preparing for public offerings and of them 167 have received the SEBI nod. A further 71 companies are still awaiting regulatory approval.
Eyes on Jio and NSE IPO
The largest issue proposals in this pipeline include Jio Platforms and the National Stock Exchange (NSE), whose nominal values are going to be the biggest in Indian stock market history. Jio Platforms plans to raise approximately Rs 37,700 crore. NSE’s proposed IPO is worth about Rs 30,000 crore. PhonePe may also launch an IPO worth approximately Rs 12,000 crore. The total proposed issue size of these three companies amounts to approximately Rs 79,700 crore.
Jio Platforms has received SEBI approval for an initial public offering (IPO) on August 28, 2026. While this one will be the biggest, the NSE issue could be the second biggest in the country.
More big companies too in the queue
Jio and NSE aren’t the only companies on this long list of IPOs. Prism has proposed issues worth approximately Rs 6,650 crore, Zepto Rs 5,106 crore, Avaada Electro Rs 7,600 crore and Sembcorp Green Infra Rs 3,750 crore.
The proposed list of IPOs spans several sectors. The engineering sector leads in terms of the number of companies approved, followed by IT and software, housing-construction-real estate, and electrical-electronics. Financial services also contribute significantly to this pipeline.
Estimated at Rs 1.66 lakh crore
A notable feature of this figure is that approximately Rs 1.66 lakh crore is estimated for companies that have not yet publicly disclosed their IPO size. Prime Database estimates an average of Rs 1,500 crore for 111 such companies. Therefore, the Rs 4.66 lakh crore figure is not the full announced issue size, but rather an estimate of potential fundraising.
Despite such a large IPO pipeline, not all companies will enter the market at once. Companies will determine the timing of their issues based on market conditions, investor demand, and stock market volatility. Therefore, the Indian IPO market may see a mix of large companies, as well as a number of small and medium-sized issues, in the coming months.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, InvITs and any form of alternative investment instruments and crypto assets.)
