Telangana, Andhra investors show strong IPO interest, data finds

A five-year analysis of IPO applications across India shows that Telangana and Andhra Pradesh together contributed 8.4 lakh unique investors, with Telangana accounting for 3.99 lakh (2.17% of the national total) and Andhra Pradesh 4.41 lakh (2.40%). The data, covering 1.83 crore applicants from 33 states and 785 towns, reveals that per-capita participation in the two states is below the national average of 12,841 per million people: Telangana logged 10,490 and Andhra Pradesh 8,316.

Market analysts view this not as a shortfall but as an opportunity, noting that Telugu households save at high rates but have traditionally favoured gold, property and bank deposits over equities. Hyderabad drives nearly 60% of Telangana's IPO participation, while Andhra Pradesh's investor base is spread across cities such as Visakhapatnam, Vijayawada and Guntur. NSE data shows 1.24 crore registered trading accounts from Andhra Pradesh and 61 lakh from Telangana, with India's total investor base crossing 13 crore unique investors in April.

Analysts suggest that upcoming marquee listings such as the NSE and Jio Platforms IPOs could encourage more savers to enter the equity market. They recommend a balanced approach: starting with an emergency fund and insurance, then building a diversified portfolio across deposits, bonds, gold and equities for long-term goal-based investing.