India's SEBI clears 146 IPOs while 65 more await approval
Business
India's IPO scene is about to get busy: 146 companies have SEBI's go-ahead to go public in fiscal 2026-27, with 65 more waiting for the green light.
Some firms are even filing confidentially to keep their plans under wraps early on.
IPOs average 66% returns driving interest
Jio Platforms, NSE, PhonePe, and Zepto are among the headline acts in this IPO wave. Companies from tech to retail (think Oyo, Snapdeal, boAt, Cult.Fit) are joining in.
If you're wondering why there's so much buzz: IPOs over the past six years have delivered an average return of 66%, with 21% of these stocks now trading at more than double their offer price, showing investors are pretty optimistic right now.