India’s primary market continues witnessing a healthy pipeline of mainboard and SME IPOs, supported by strong domestic liquidity and improving investor participation. However, investors have become far more selective than in previous years, focusing on business quality and realistic valuations rather than chasing listing gains.
Market participants are increasingly evaluating profitability, corporate governance, order books and long-term growth potential before subscribing to new issues. This disciplined approach is creating a healthier IPO ecosystem for both issuers and investors.
Experts believe quality businesses with sustainable earnings and reasonable pricing are likely to continue receiving strong investor response in the months ahead.
