India retained its position as the world's leading market for initial public offerings (IPOs) by number of issues during FY2025-26, while ranking third globally in terms of funds raised, according to the Securities and Exchange Board of India's (SEBI) Annual Report for 2025-26.
Highlighting the country's strong primary market activity, SEBI said the equity market continued to witness robust momentum during the year despite global uncertainties marked by geopolitical conflicts, trade tensions, volatile capital flows and rapid technological changes.
