India's H2 2026 IPO wave to hit $6B as Zepto, Jio, NSE queue up offerings
India's equity issuance pipeline is loaded for H2 2026 with $6B in deals, anchored by Zepto's $1B filing, an anticipated Reliance Jio listing and NSE's $2.5B offering. With $3.5B raised YTD and 163 SEBI-approved IPOs, retail-linked consumer names are set to dominate the dealmaking revival.
What happened
India's equity issuance pipeline expects $6 billion in H2 2026, including Zepto's $1 billion IPO filing and anticipated Reliance Jio listing, alongside NSE's
Key facts
- $6 billion
- ₹60000 crore
- $1 billion Zepto IPO
- $2.5 billion NSE filing
- $3.5 billion raised YTD 2026
- $31 billion lock-in expiry
- 163 SEBI-approved IPOs
Why this matters
The Jio-Zepto-NSE listing wave will reset valuation benchmarks for Indian consumer assets, accelerating timelines for any pre-IPO M&A or strategic stake decisions in adjacent retail plays.