IPO Season Heats Up: ₹26,000 Crore Worth of Public Offers Soon to Debut

India’s primary market is awakening from a quiet spell—with eight major IPOs lined up to launch by the end of July, together aiming to raise a whopping ₹26,000 crore, according to insiders.

Who’s Going Public?

Here’s a quick snapshot of the companies making their way to IPO:

HDB Financial Services – Expecting a giant ₹12,500 crore IPO (₹2,500 cr fresh issue + ₹10,000 cr offer-for-sale); anchor portion slated around June 24, with public subscription likely June 25–27.
Sambhv Steel Tubes – ₹540 cr IPO, SEBI-approved since March; retail quota ~35%.
Ellenbarrie Industrial Gases – A ₹400 cr raise is underway, awaiting launch dates.
Kalpataru – Set to raise ₹1,590 cr; SEBI clearance received in November.

Globe Civil Projects, NSDL, Hero Fincorp, JSW Cements – Also prepping IPOs, with JSW Cement already conducting roadshows for a ₹4,000 cr raise projected in July

Market Context & Key Drivers

Global macro uncertainties—particularly geopolitical tensions in the Middle East (Israel–Iran) and U.S. Federal Reserve decisions—are being closely monitored by issuers. As one source noted, companies are waiting for clarity before locking in launch dates .
For HDB, early grey market indicators show strong sentiment, with a premium of ~₹93 per share even before price bands were disclosed.

What This Means for Investors

Investor appetite is back. The sheer scale—eight IPOs totalling ₹26,000 cr—signals strong capital market momentum.
Diversified sector offers—from financial services and heavy engineering to commodities and industrial gases—offer broad exposure to different parts of the economy.
Favorable retail participation: With around 35% quotas for retail investors on major issues like HDB and Sambhv, everyday investors get a sizeable slice of these offerings.

Watchlist: How to Navigate This Surge

Track FPO timelines and anchor updates—especially for behemoths like HDB. Anchor dates often hint at strong institutional sentiment.
Note retail quotas and lot sizes—retail investors should align subscription strategies, especially given high anticipated demand.
Monitor global cues—keep an eye on geopolitical events and Fed announcements; these could influence IPO pricing and timing.

Final Thoughts

This upcoming wave of IPOs marks a newfound confidence in India’s equity markets. With such massive capital inflows expected, both seasoned and retail investors should prepare strategies and monitor developments closely. If executed well, these launches could reshape portfolio allocations and set the tone for the remainder of the financial year.

Would you like deeper insights on any of the companies or a breakdown of how to participate effectively? Let me know!

IPO Season Heats Up: ₹26,000 Crore Worth of Public Offers Soon to Debut