Indian IPO market set for huge November: Rs 76,000 crore public issues set to be launched
India's primary market anticipates a monumental November, with public issues projected to raise Rs 76,000 crore. Technology, renewable energy, healthcare, and consumer sectors lead this IPO surge, driven by positive market sentiment and regulatory timelines. Key players like Lenskart and Groww are initiating this busy period, signaling strong investor confidence and a vibrant capital market.
New Delhi: India's IPO market is going to gain tremendous momentum this November. Many big companies in the technology, renewable energy, healthcare and consumer sectors are preparing to bring public issues. Overall, these IPOs are expected to raise around Rs 76,000 crore, making the coming month November one of the busiest months ever for India's primary market.
The IPO season will start with Lenskart's Rs 7,200 crore issue, which will open from October 31 to November 4. After this, Groww's Rs 6,600 crore IPO will be launched in the first week of November. According to investment banking sources, ICICI Prudential AMC (Rs (Rs 10,000 crore), Pine Labs (Rs 6,100 crore), Cleanmax Enviro Energy (Rs 5,200 crore) and Juniper Green Energy (Rs 3,000 crore) are also all set to launch the IPO.
MD of Kotak Mahindra Capital, V Jaishankar, the end of the year is the most active for IPO. During this time, both festive atmosphere and positive sentiment prevail in the market. This year too, IPOs worth about $20-21 billion (Rs 1.7 lakh crore) will be completed, of which more than half are expected to come in the same quarter.
IPO alert: Market Momentum & Investor Confidence
Many middle-level companies are also preparing to introduce IPOs. These include Park Medi World, Nephroplus, Vida Clinical Research, Innovative India, Casagrand Premier Builder, Fujiyama Power Systems, Pranav Constructions, Innovision Limited and KSH International. Besides this, companies like Credila Financial Services, Physicwala, Wakefit, Excelsoft Technologies, Prestige Hospitality Ventures, Vidya Wires and Metalman Industries are also trying to take advantage of this growing enthusiasm.
Understanding the Factors Fueling IPO Boom
The strength of the stock market in recent times has also given companies the confidence to launch IPOs. Prime Database Group MD Pranav Haldia said that there is a direct relationship between the secondary and primary markets. When the stock market rises, the IPO market also gets excited. The Sensex and Nifty have gained 5% so far in October and are just 1.5% away from their all-time highs. According to Deep Shah, senior manager of Unistone Capital, companies want to take advantage of the Nifty's 26,000 mark and the positive mood of investors. FII investment declines in December-January, so everyone is preparing to introduce an IPO soon.
Market experts say that the 135-day rule of the US SEC is also a big reason for this rise in the IPO. If an Indian company wants to raise money from American investors, then its financial report should not be older than 135 days. Gitanjali Kedia, research analyst of SP Tulsian Investment Advisor, said that companies whose audited report is up to June 30, 2025, have the last chance to bring this IPO.
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