India set for blockbuster IPO month with US$5 billion in listings

India’s primary market is poised for a surge, with listings expected to hit around US$5 billion in October. The pipeline is the strongest in months, driven by strong domestic demand and improved market sentiment. Sectors such as fintech, manufacturing and renewables are seeing increased IPO activity, and analysts believe investor interest remains strong. While valuations and free-float remain topics of scrutiny, the momentum signals confidence in India’s equity capital markets for the remainder of the year.