New Delhi, Dec 10 || Indian companies have built an initial public offering (IPO) pipeline exceeding Rs 2.55 lakh crore for the coming calendar year as firms rush to tap buoyant investor demand.
For 2026, 88 companies have secured SEBI approval to float IPOs worth around Rs 1.16 lakh crore, while another 104 await clearance to raise nearly Rs 1.4 lakh crore.
The surge is also reflected in an unprecedented 244 draft red herring prospectuses filed in 2025, far higher than 157 filings in 2024, as per data.
The robust IPO pipeline follows a blockbuster 2025 when about 100 firms, the highest count since 2007, raised a record Rs 1.77 lakh crore through mainboard offerings, marginally higher than 2024 tally.
Momentum has strengthened after Rs 1.6 lakh crore was raised in 2024 from 91 IPOs and over Rs 49,500 crore raised from 57 IPOs in 2023.