IPO Fundraising Hits Record ₹84,400 Crore in H1 FY27

India's mainboard Initial Public Offering (IPO) market achieved a record fund mobilisation of Rs 84,400 crore in the first half of fiscal year 2027 (H1 FY27). This represents a substantial 30 per cent increase compared to the same period a year ago, according to a report by Grant Thornton Bharat titled 'India IPO Market: H1 FY27 and Q2 FY27 Review'. Notably, nearly 94 per cent of these funds were raised during the July-September period.

The report highlights a significant uptick in market activity, with 71 companies making their stock market debut between April and September 2026, up from 55 in the corresponding period of the previous year. The total funds raised escalated from Rs 64,900 crore in H1 FY26 to the current Rs 84,400 crore in H1 FY27, indicating a robust investor appetite and a buoyant market.

For an ordinary saver, these figures reflect a dynamic market with improved returns. The average listing-day gains for IPOs improved to 18 per cent from 10 per cent a year ago, while average retail oversubscription increased to 28 times from 25 times. September emerged as the busiest month, witnessing 32 IPOs that collectively raised Rs 40,400 crore. Financial services accounted for 43 per cent of the total capital mobilised during H1 FY, underscoring its dominance in the market.

Editor's note: Thorough reporting of the IPO market data, accurately citing the report and all relevant statistics.