{
  "id": 8736414,
  "title": "IPO pipeline stays strong with 72 firms seeking to raise ₹1.70 lakh crore",
  "url": "https://urgent.news/2026/09/20/ipo-pipeline-stays-strong-with-72-firms-seeking-to-raise-1-70-lakh",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T16:49:53.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/ipo-pipeline-stays-strong-with-72-firms-seeking-to-raise-170-lakh-crore/article71485132.ece"
  },
  "original_language": "en",
  "account": "The pipeline of initial public offerings (IPOs) in India is projected to stay strong in the coming months, with 72 firms awaiting approval from the Securities and Exchange Board of India (SEBI) to raise around ₹1.70 lakh crore, according to data from primedatabase.com. Among these companies are Mahanadi Coalfields, which seeks to raise ₹10,000 crore, Carlsberg India aiming for ₹6,300 crore, and Sembcorp Green Infra hoping to raise ₹3,750 crore.\n\nDespite a bearish sentiment in the secondary market, the IPO frenzy has already resumed, with 20 companies raising about ₹12,269 crore in September alone. A record six companies listed on a single day last week, attracting a demand of ₹1.4 lakh crore against an issue size of ₹7,100 crore. SEBI has extended the validity of approvals for IPOs and rights issues until September 30, 2026, which is expected to fuel further pace in the IPO market.\n\nHowever, experts warn that the excitement surrounding IPOs might be irrational, as most retail investors are focusing solely on listing gains rather than valuations and management quality. Some analysts suggest that issuers will be more cautious in launching issues at valuations that the market can absorb, which could prompt some companies to wait for more favorable conditions.\n\nCA Sandeep Gupta, Director at Valmiki Leela Capital, highlights that the real test for these upcoming IPOs will be the willingness of issuers to launch at valuations that the market can absorb. Meanwhile, Anooshka Soham Bathwal, CEO of Dhanvesttor, notes that retail investors are increasingly scrutinizing post-listing performance, emphasizing the importance of valuation discipline. Jio Platforms' proposed fresh issue, with no offer for sale, will be closely watched, as a well-received listing at an attractive valuation could bolster confidence across the IPO pipeline.",
  "summary": "Retail demand remains robust even as experts caution against excessive exuberance and rich valuations",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}