Overview

• Stock exchange data show 25 mainboard listings in September, the most since January 1997, raising over Rs 13,300 crore.
• SME platforms logged a single-month record with 53 IPOs raising Rs 2,309 crore, taking year-to-date SME fundraising to Rs 9,129 crore across 207 listings.
• Eighteen IPOs open next week, including four mainboard issues—Glottis, Fabtech Technologies, Om Freight Forwarders, and Advance Agrolife—collectively targeting over Rs 850 crore.
• SEBI approved longer minimum public shareholding timelines for very large IPO candidates, allowing 15% in five years and 25% in ten years for firms valued at Rs 50,000 crore to Rs 1 lakh crore.
• Market participants report strong festive-season subscriptions for smaller issues and warn the dense calendar will test investor appetite and liquidity.