India’s IPO pipeline remains robust with increasing retail and anchor investor activity

India’s primary market continues to show strength as multiple tech and consumer companies prepare to launch public offerings in Q4 FY25-26. Strong venture backing and liquidity inflows have kept the IPO pipeline active despite volatile secondary markets. Retail participation has risen by over 25% YoY while anchor investor allocations remain steady across mid-sized deals. Market observers expect favorable subscription levels in upcoming listings from growth-stage tech startups and manufacturing companies benefiting from India’s domestic demand cycle.