Share Market News: Indian IPO Market Set for a Record November with ₹76,000 Crore Issues, Lenskart and Groww to Lead the Charge

The Indian IPO market is gearing up for an unprecedented surge this November, with companies across various sectors preparing to raise approximately ₹76,000 crore. This projection could make November one of the busiest months in the history of India's primary market. Technology, renewable energy, healthcare, and consumer sector giants are all lining up to capitalize on this opportunity, offering a plethora of new investment avenues for eager investors.

Big Issues to Kickstart the Season

The IPO season will commence with Lenskart's highly anticipated ₹7,200 crore issue, which will be open from October 31 to November 4. Following closely, Groww's ₹6,600 crore IPO is slated for launch in the first week of November, further fueling market excitement. According to investment banking sources, several other major players are also preparing to launch their IPOs this month. These include ICICI Prudential AMC (₹10,000 crore), Pine Labs (₹6,100 crore), Cleanmax Enviro Energy (₹5,200 crore), and Juniper Green Energy (₹3,000 crore). These large issues are expected to boost liquidity in the market and Notably increase investor interest.

Busiest Quarter of the Year

According to V, while jayashankar, MD of Kotak Mahindra Capital Company, the last quarter of the year is traditionally the most active for IPOs. This period benefits from both the festive atmosphere and positive market sentiment, encouraging companies to go public. This year, approximately $20-21 billion (₹1, while 7 lakh crore) worth of IPOs are expected to be completed, with more than half anticipated in this quarter alone. This trend reflects growing confidence in the Indian economy and companies' ambitious expansion plans.

Mid-Sized Companies Also in the Fray

Beyond the big names, a host of mid-sized companies are also preparing to enter the IPO market. These include Park Medic World, NephroPlus, Veeda Clinical Research, Innovative India, Casagrand Premier Builder, Fujiyama Power Systems, Pranav Constructions, Innovision Limited, and KSH International, while their IPOs will offer investors opportunities to diversify their portfolios across various sectors. On top of that, companies like Credila Financial Services, PhysicsWallah, Wakefit, ExceLSoft Technologies, Prestige Hospitality Ventures, Vidya Wires, and Metalman Industries are also looking to capitalize on this burgeoning enthusiasm, further adding to the market's diversity.

Stock Market Rally Boosts Confidence

The recent strength in the stock market has also instilled confidence in companies to launch their IPOs. Pranav Haldea, MD of Prime Database Group, commented on this, stating that there is a direct correlation between the secondary and primary markets; when the stock market rises, the IPO market also gains momentum. In October, the Sensex and Nifty have already seen a 5% increase and are just 1. 5% away from their all-time highs, while deep Shah, Senior Manager at Unistone Capital, noted that companies are keen to use the Nifty hovering around 26,000 and the positive investor mood. He also highlighted that FII investments tend to decrease in December-January, prompting companies to expedite their IPO plans.

US Regulations Also a Factor

Market experts suggest that the US SEC's 135-day rule is another significant reason behind this IPO rush. This rule mandates that if an Indian company intends to raise funds from US investors, its financial reports must not be older than 135 days, while gitanjali Kedia, Research Analyst at SP Tulsian Investment Advisor, clarified that companies with audited reports up to June 30, 2025, have this as their last opportunity to launch an IPO. This deadline is motivating many companies to bring their IPOs in November to meet the requirements of US investors and raise capital from global markets, while this rule also provides an opportunity for Indian companies to expand their reach in the international market.