IPO Momentum Slows in Early FY26 as FII Outflows Rise, Domestic Money Cushions Market

After a record-breaking run in 2025, India’s primary market is beginning to cool. IPO activity is slowing, but the reason for the shift is more structural than cyclical. The frenzy seen across 2024 and 2025, which was marked by oversubscription and strong listing gains, has given

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