India IPO Boom: Jio, PhonePe, Zepto Lead 2026 Public Offerings
India's IPO market is set for a robust 2026 with major listings anticipated from Reliance Jio, PhonePe, and Zepto, among others. These "big-ticket" public offerings signify a strong pipeline exceeding ₹2.5 lakh crore, driven by buoyant investor confidence and a resilient primary market. The market outlook remains firm, reflecting growing interest in India's digital and financial sectors.
- Reliance Jio's IPO is slated for H1 2026, potentially valuing up to $170 billion.
- PhonePe targets an early 2026 IPO, aiming to raise $1.3-$1.5 billion.
- Zepto's public listing is expected by June 2026, with an estimated $500 million raise.
- India's overall IPO pipeline for 2026 could exceed ₹2.5 lakh crore.
- Other major IPOs expected include NSE, Flipkart, Oyo, and SBI Mutual Fund.
- The 2025 IPO market saw record fundraising of ₹1.76 lakh crore, with strong investor interest.
Read the full story on Quick Digest.