Zepto, Oyo lead ₹4 lakh crore IPO queue as 250 firms wait out volatility
India's IPO pipeline has swelled to ₹4 lakh crore across 250 companies, but issuers are deferring launches amid geopolitical jitters. Zepto refiled DRHP for an ₹11,000-12,000 crore issue (₹8,010 crore fresh); Oyo parent Prism cleared SEBI for a ₹6,650 crore float at $7-8 billion valuation. Only 21 IPOs have hit in 2026 vs 103 mainboard listings in 2025 (₹1.76 lakh crore raised).
Indian IPO market has slowed in 2026 amid geopolitical volatility, with ₹4 lakh crore pipeline awaiting stability. Zepto filed updated DRHP for ₹11,000-12,000 crore issue; Oyo parent Prism received SEBI nod for ₹6,650 crore IPO at $7-8 billion valuation.