Overview
- Market participants expect a concentrated tranche of large offerings through late November that could raise roughly Rs 35,000–40,000 crore, featuring consumer and fintech names such as Groww, Lenskart, Pine Labs, ICICI Prudential AMC, boAt, PhysicsWallah, and Orkla India.
- Orkla India is the only confirmed launch so far, opening its Rs 1,668-crore, pure offer-for-sale IPO to anchors on October 28 and for subscription from October 29 to 31 at a price band of Rs 695–730.
- Reports indicate Lenskart is targeting about Rs 8,000 crore and Groww’s parent roughly Rs 6,500–7,000 crore in early November, with details yet to be formally confirmed.
- ICICI Prudential AMC is reported to be among the largest potential issues at over Rs 9,000 crore, with Pine Labs and boAt also preparing to file or launch in the same window according to media accounts.
- The pipeline follows high-profile debuts by LG Electronics India and Tata Capital that raised over Rs 27,000 crore, though 2025 listings overall have delivered mixed first-day performance despite more than Rs 1 lakh crore raised year to date.