India has a ₹3.86 lakh crore IPO pipeline waiting to hit the market, 3.5 times funds raised in 2026

India’s primary market is sitting on a sizeable IPO war chest, with the mainboard pipeline swelling to around ₹3.86 lakh crore by September 2026 — 3.5 times the ₹1.10 lakh crore raised through 84 IPOs so far this year, according to the Association of Investment Bankers of India (AIBI).The pipeline…