India IPO haul may hit record $25B in 2026 as PhonePe, Jio and Zepto line up listings
India's 2026 IPO proceeds could reach a record $25 billion, up 14% on 2025's 352 listings, with 90+ companies already approved. Retail-relevant debuts include Walmart-backed PhonePe, Jio Platforms and quick-commerce player Zepto amid strong investor demand.
India IPO proceeds may reach a record $25 billion in 2026, with retail-relevant listings including Walmart-backed PhonePe, Jio Platforms, and quick-commerce player Zepto expected to debut amid strong investor demand.