India could see companies raise as much as Rs 2 lakh crore through initial public offerings going forward, with a significant share of the capital raised through the primary market flowing directly into businesses, Sebi chairman Tuhin Kanta Pandey said on Tuesday.
Around Rs 60,000 crore has already been raised through IPOs in the financial year 2026-27, with about 55% of the proceeds representing fresh capital going to companies, Pandey said at the 11th J.P. Morgan India Conference.