IPO Boom: 38 Companies File in March, 64 Await SEBI Approval Amidst Market Optimism

• 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with SEBI in March 2026, a significant jump from previous years.
• This surge reflects improving issuer sentiment and regulatory timelines, with 64 companies currently awaiting SEBI clearance and 124 holding approvals.
• High-profile companies like NSE and Jio, along with others like PlaySimple and Fibe, are expected to file DRHPs soon, indicating continued momentum.
• The IPO market saw 109 mainboard IPOs in FY2025-26, with 69 listing above issue price, and 18 IPOs launched in 2026 despite market volatility.
• Experts attribute the spike to a mix of issuer confidence, regulatory compliance, and a shift towards fundamentals-led market, with strong institutional backing and capital requirements driving filings.