India’s IPO pipeline hits record with ₹4.18 lakh crore in draft filings

India’s primary-markets pipeline has hit a new high: 288 draft prospectuses worth approximately ₹4.18 lakh crore have been filed, and 111 new issues have already been launched raising roughly ₹2.18 lakh crore. The surge is driven by strong investor appetite, favourable listing sentiments and companies seeking growth capital amid low interest rates. Key sectors include mobility, consumer tech and renewables. Market participants say the buoyant IPO pipeline reflects both improved corporate confidence and the favourable fundraising window in India.