
Geopolitical uncertainties have pushed stock market volatility, forcing companies to moderate IPO valuations. "Aggressively priced IPOs are seeing cautious response," said Sumeet Lath of Anand Rathi Advisors. Many issuers who planned to…
Geopolitical uncertainties have pushed stock market volatility, forcing companies to moderate IPO valuations. "Aggressively priced IPOs are seeing cautious response," said Sumeet Lath of Anand Rathi Advisors. Many issuers who planned to list early in 2026 deferred their plans. Bharat Lahoti of Edelweiss Mutual Fund noted that IPOs with post-listing market capitalisation of Rs 10,000-40,000 crore are attractive. As of June 2026, 176 companies had valid SEBI approvals, with 74 more awaiting approval, said Lath. Companies are racing against time to complete listing before approval expiry, said Pranav Haldea of PRIME Database.
The narrative that India's IPO market is perpetually overpriced ignores the current reality. Geopolitical volatility has forced a reality check, companies are now pricing rationally, and investors are rewarding fundamentals. This discipline, not hype, should define the next cycle. The test will be how many of the 176 SEBI-approved companies actually hit the market by the September-October window.
Source: thehindu.com
This story was synthesised by AI from the source linked above.