Indiaโs IPO Pipeline Nears Rs 4 Lakh Crore as Markets Debate Liquidity Drain or Valuation Reset
Indiaโs primary market is heading into one of its largest fundraising cycles in years, with the IPO pipeline estimated at nearly Rs 4 lakh crore. Analysts say the surge could temporarily divert liquidity from secondary markets, but they also argue that broader market forces, earnings trends and valuation discipline will ultimately determine where capital settles.
