India’s primary market is witnessing a massive resurgence as five major companies prepare to raise nearly ₹35,000 crore through IPOs in the coming months. This fresh wave of big-ticket offerings comes amid record-high market levels and renewed investor confidence.
Key Upcoming IPOs
- Lenskart: ₹8,000 crore (Early November)
- Groww: ₹7,000 crore (First week of November)
- Pine Labs, ICICI Prudential AMC, boAt: Preparing for market debut
- Additional companies: Hero FinCorp, Omni Tech Engineering, Orient Cables, Priority Jewels expected before December
Market Context
The Nifty 50 is trading near its all-time high of 26,277, showing a 3% increase. Midcap and small-cap stocks have also demonstrated strong recovery, broadening market participation. In 2025 alone, companies have raised over ₹1 lakh crore through IPOs, marking one of the best performances in recent years.
Lenskart’s Mega Offering
Eyewear market leader Lenskart plans its ₹8,000 crore IPO in early November. Backed by global investors Temasek and KKR, the company is focusing on expanding into smaller cities while strengthening its omni-channel and logistics network.
Groww’s Retail Focus
Online brokerage platform Groww is preparing for a ₹7,000 crore IPO in November’s first week. With over 10 million active users, the platform has significantly benefited from India’s retail investment boom, establishing itself as a key player in the country’s fintech surge.
Broader IPO Momentum
Market analysts view these upcoming IPOs as a sign of renewed trust on Dalal Street. Earlier offerings from LG Electronics India and Tata Capital had already raised over ₹27,000 crore, reviving investor interest in large public issues. The current pipeline suggests continued massive market activity through December.
