IPO Activity Gains Momentum as Market Conditions Improve

Record Fundraising and Issuance Levels Seen in FY26

Mumbai, April 8: India’s primary market has witnessed a sharp pickup in activity, with both fundraising volumes and issuance levels reaching elevated levels in FY26.

Fundraising and Listings Rise Sharply

Data from the HDFC Securities Big Review indicates that IPO fundraising has increased significantly, from ₹15,234 crore in FY14 to ₹209,344 crore in FY25. In FY26, the fundraising pipeline has remained strong, with total mobilisation exceeding ₹201,000 crore.

The number of IPOs has also risen materially, climbing from 33 issues in FY14 to 153 in FY26, marking one of the highest levels of issuance recorded in the domestic market.