Revival of IPO Activity Anticipated Amid Easing West Asia Tensions

Positive Outlook for Upcoming IPOs

With tensions in West Asia subsiding, experts predict a surge in initial public offerings (IPOs), as three companies are set to launch their offerings next week. Analysts view this as a potential indicator of a recovering primary market. The upcoming IPOs include Waterways Leisure Tourism, which operates Cordelia Cruises, Advit Jewels, a jewellery manufacturer based in Jaipur, and CSM Technologies, an IT solutions provider. Additionally, Knack Packaging is anticipated to reveal its price band shortly.

In the quick commerce sector, Zepto aims to secure over Rs 10,000 crore, while SBI Mutual Fund, the largest fund house in the country, is preparing to introduce a public issue worth Rs 13,000 crore next month, as reported by sources. Furthermore, analysts expect that the IPOs of the National Stock Exchange of India (NSE) and Jio Platforms, the digital and telecom subsidiary of Reliance Industries, will contribute to this upward trend with their significant listings.

A recent analysis by Equirus Capital indicates that 23 companies have already utilized the IPO route this year, raising more than Rs 27,000 crore despite the prevailing market volatility and economic uncertainties. This follows a record-breaking year in 2025, where 103 IPOs in India amassed an unprecedented Rs 1.76 lakh crore, surpassing all previous records.

Experts believe that the reduction in geopolitical tensions in West Asia will positively influence IPO activities, as improved investor sentiment typically follows such developments. This could signal an end to the months of volatility experienced in various sectors, including oil prices, the economy, equities, and commodities. The real test will be whether these upcoming IPOs garner strong subscription rates and demand from investors.