India’s initial public offering boom is fading, with proceeds down by a fifth from a year earlier as companies cut deal sizes, accept lower valuations and delay listings, raising doubts about sustaining momentum after two record years.
Companies have raised about $5.78 billion through public offerings so far in 2026, compared with $7.32 billion in the year-earlier period, data compiled by Bloomberg show. That follows record fundraising of $22.36 billion in 2025 and $20.65 billion in 2024.
