INDIA MARKET LENS
◆ MixedIPO & Listings

India’s IPO pipeline hits Rs 3.86 lakh crore, 3.5 times funds raised in 2026: Report

SEBI moved higher in an ipo & listings development.

28 Sept 2026 · Economic Times Markets

India’s potential mainboard IPO pipeline is estimated at around Rs 3.86 lakh crore in the second of 2026, nearly 3.5 times the Rs 1.10 lakh crore raised so far in the year, according to AIBI. Of this, potential IPOs worth Rs 2.43 lakh crore have received the Sebi approval, while another Rs 1.44 lakh crore is awaiting clearance, the report said.

SEBI reported Rs 3.86 lakh crore, Rs 1.10 lakh crore and Rs 2.43 lakh crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

  • Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
  • With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.