The Indian market is primed for a huge IPO wave next month, with Tata Capital and LG Electronics alone planning offerings totaling around ₹32,000 crore.
These mega IPOs are being timed to tap festivity-season optimism among retail investors and high liquidity in equity markets.
The anticipation is that recent policy reforms—like GST 2.0 and eased IPO norms—will bolster investor confidence and improve subscription levels.
Diverse sectors are lined up in this IPO wave, improving the depth and breadth of choices for investors.
However, such large-ticket IPOs will face scrutiny regarding valuation, governance, and post-listing performance.
Underwriters and bankers are expected to be selective, emphasizing sustainable business models and clear financials.
If these IPOs perform well, they could help mitigate the drag from foreign portfolio investor outflows.
Retail investor appetite will be a key determinant, especially in smaller cities and towns, now more connected with digital channels.
Nevertheless, external risks—like trade tensions or global rate moves—could spoil the festive IPO mood.
Overall, this festive IPO boom represents both an opportunity and a stress-test for India’s capital markets under current global headwinds.