Economy
India's IPO Pipeline Reaches Record ₹4.66 Lakh Crore
financialexpress2h
THE BRIEF
1
India's IPO pipeline has reached an estimated ₹4.66 lakh crore, with 238 companies either holding SEBI approval or awaiting clearance, according to Prime Database.
2
Major companies driving the volume include Jio Platforms at ₹37,700 crore, the National Stock Exchange at ₹30,000 crore, and PhonePe at ₹12,000 crore.
3
The pipeline includes 167 companies with valid SEBI approvals totaling ₹3,05,933 crore and 71 companies awaiting approval representing ₹1,59,680 crore in potential fundraising.