India’s capital markets saw an unexpected cool-down this July — only 4 IPOs made it to the stock exchanges, marking one of the slowest listing months in recent memory.
Market experts link this slump to rising global uncertainties, elevated interest rates, and cautious investor sentiment. Despite the broader markets hovering near record highs, IPO activity has taken a backseat as companies reassess their valuations and listing strategies.
Of the four listings, only one delivered solid gains, while others underperformed or listed flat, hinting at weak appetite from both retail and institutional investors.
Analysts believe this pause is temporary. A pick-up in activity is expected post-September, with strong pipeline deals in sectors like EVs, tech, green energy, and specialty chemicals. Until then, the IPO freeze may keep capital market enthusiasts waiting.
Stay tuned — the next wave of listings could be just around the corner.