India’s IPO pipeline surges with ₹40,000 crore expected by November-end

India’s primary market is gearing up for a hefty wave of listings before November-end, with an expected fund-raise of about ₹40,000 crore (~US$4.8 billion) across roughly 10 companies. The upcoming slate includes marquee names in fintech, consumer tech, manufacturing and healthcare such as Groww (parent firm), Lenskart, ICICI Prudential AMC, Pine Labs and others. Despite broader market caution, the strong pipeline signals renewed corporate and investor confidence in the Indian equity market’s ability to absorb large issues before year-end.