India’s IPO market is primed for another blockbuster year. Around ₹2.5 lakh crore of issues are queued up across 190+ companies, with dozens already cleared by SEBI and more DRHPs under review. After a record 2025, analysts expect big-ticket listings across telecom, fintech, consumer internet, and financial services.
Following a record-breaking 2025, India’s primary markets enter 2026 with a packed IPO calendar. Regulatory data shows 80–90 companies have SEBI approval to raise over ₹1.1 lakh crore, while 100+ firms await the green light, targeting roughly ₹1.4 lakh crore—taking the potential mobilisation above ₹2.5 lakh crore. The lineup spans telecom, fintech, consumer internet, and financial services, with several marquee names expected to test investor appetite early in the yearThe Times of India. Prime Database’s recent analysis echoes the robust momentum, noting fresh filings alongside clearances as the queue expands into the new calendar year.
Market watchers say the breadth of sectors and scale of the pipeline point to deepening domestic liquidity and confidence in earnings visibility, even as global volatility lingers. For investors, disciplined selection, valuation discipline, and post-listing performance tracking remain critical amid the crowded slateThe Financial Express.
Major takeaways and notable updates
₹2.5 lakh crore pipeline: Over 190–192 companies lined up for 2026 listings.
Regulatory status: ~84–88 approvals for ₹1.1–₹1.16 lakh crore; ~104–108 awaiting for ~₹1.4–₹1.46 lakh crore.
Sector mix: Telecom, fintech, consumer internet, financial services in focus.
Momentum drivers: Record 2025 activity, expanding DRHPs, and supportive domestic flows.
Conclusion
A hefty ₹2.5 lakh crore IPO queue signals a vigorous year ahead. With approvals stacking up and diverse sectors represented, the 2026 calendar offers opportunity—provided investors weigh fundamentals, pricing, and governance with care.
Sources: Times of India; Financial Express; Fortune India