India's FY26 IPO Fundraising Surges, Listing Gains Slip to 7%

An IPO is when a company sells pieces of itself, called shares, to the public for the first time to raise money.

In the financial year 2025–2026, many Indian companies did this.

In total, 366 companies raised about ₹1.9 trillion, which is a huge amount of money.

The market stayed very busy even though there were global worries.

But buyers were more careful this time.

When new shares started trading, they usually went up by only 7% on average, compared with 29% the year before.

That means people were not willing to pay extra just for the excitement of a new company.

Fewer investors also signed up for new shares than in the previous year.

Investors started checking things like company management, honest reporting and whether the business could keep growing for a long time.

So even though companies raised lots of money, investors wanted better quality companies.