India’s 2025 IPO market remains active, with around 80 companies listed year-to-date and proceeds topping ₹80,000 crore, according to Financial Express. Upcoming pipelines include consumer and fintech names such as Groww and Lenskart, alongside financial services and manufacturing plays. Analysts cite supportive domestic liquidity, resilient earnings, and retail participation as drivers, though valuations are elevated. With post-Diwali issues like Midwest Industries and multiple SME offers slated, deal flow is set to continue into Q4. Investors are watching pricing discipline, anchor allocations, and grey-market signals for near-term momentum. Momentum remains constructive.