Stories
India's IPO Pipeline Soars to Rs 3.86 Lakh Crore, Dwarfing 2026 Fundraising
N
News18•28-09-2026, 15:45
India's IPO Pipeline Soars to Rs 3.86 Lakh Crore, Dwarfing 2026 Fundraising
- •India's mainboard IPO pipeline has reached a staggering Rs 3.86 lakh crore, 3.5 times the Rs 1.10 lakh crore raised in 2026 so far, according to AIBI.
- •The pipeline includes 130 companies with SEBI approval (Rs 2.43 lakh crore) and 75 companies awaiting approval (Rs 1.44 lakh crore).
- •The primary market is evolving into a sustained capital formation ecosystem, moving beyond episodic IPO cycles.
- •Mainboard IPOs have cumulatively raised Rs 8.36 lakh crore between 2016 and 2026 year-to-date, with annual fundraising increasing significantly.
- •The SME IPO segment has also expanded, with 267 issues in 2025 and 156 issues in 2026 YTD, and the intermediary ecosystem has grown by 33%.
Key Questions Answered
India's mainboard IPO pipeline has reached a staggering Rs 3.86 lakh crore, which is nearly 3.5 times the fundraising seen so far in 2026.
Around 130 companies have received approval from the Securities and Exchange Board of India (Sebi), accounting for approximately Rs 2.43 lakh crore of the total pipeline.
The SME IPO segment has expanded significantly with 156 issues in 2026 YTD following 267 issues in 2025, while the average issue size grew from Rs 8 crore in 2016 to Rs 45 crore in 2026 YTD.
