Now Reading: 146 SEBI-approved firms await IPO launches in Q2 FY27
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146 SEBI-approved firms await IPO launches in Q2 FY27
India’s IPO pipeline is set for a busy second quarter of FY2026-27, with 146 companies approved by SEBI awaiting suitable launch windows, according to Axis Capital’s August update. Another 65 firms have…
The Story in Brief
India’s IPO pipeline is set for a busy second quarter of FY2026-27, with 146 companies approved by SEBI awaiting suitable launch windows, according to Axis Capital’s August update. Another 65 firms have filed draft red herring prospectuses and are awaiting regulatory observations. Since March 2025, 33 companies have submitted confidential DRHPs.
The queue includes Jio Platforms, NSE, PhonePe, Zepto, Oyo, Cult.Fit, Indian Gas Exchange, Snapdeal parent Acevector and boAt parent Imagine Marketing. Axis Capital said the 407 mainboard IPO companies it tracked saw their combined market value rise 4.89% to Rs 64.59 lakh crore in July. The average return from issue prices stood at 66% by July 31, 2026.
The Indian Opinion
The easy story is that a large IPO queue and strong past returns make every upcoming issue attractive. That is as lazy as dismissing the entire market as a listing-day gamble. Regulatory approval is not a launch, and a 66% average return across past issues can hide sharp differences between companies. Investors should judge valuations, cash flows and use of proceeds, then watch how the first batch of Q2 listings trades after three months, not just on debut day.
Sources (2): timesnownews.com, thehindubusinessline.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
