Indian IPO market
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India's Q1 IPO capex pivots to cloud, AI and data over factories
Over half of capex from 18 mainboard IPOs (₹18,778 cr raised) in Q1 2026 is heading to tech and data infrastructure. Retail-linked issuers Meesho, Urban Company, Pine Labs and PhysicsWallah are prioritising digital stack over physical store rollouts.
Mint · Markets · 5/20/2026, 9:13:57 AM