Motilal Oswal sees FY27 public-market fundraising reaching ₹6–6.5 trillion
Motilal Oswal projects record FY27 public-market fundraising, including ₹2.75–3 trillion from IPOs. The outlook signals a supportive listing window for consumer and retail-tech businesses, with Lenskart and Urban Company cited as examples of more pragmatic IPO pricing and deal structures.
What happened
Lenskart · Motilal Oswal forecasts record FY27 public-market fundraising of ₹6-6.5 trillion. IPO pricing is becoming more pragmatic, with smaller offerings and
Key facts
- ₹6-6.5 trillion total public-market fundraising projected for FY27
- ₹2.75-3 trillion IPO fundraising projected for FY27
- ₹1.25-1.5 trillion QIP fundraising projected for FY27
- ₹1.5 trillion block and bulk deals projected for FY27
- 20-25% expected increase in IPO volume versus FY26
- 112 IPOs in FY26
- At least 20 IPOs expected in September
- More than 240 draft IPO filings; over 145 approved and about 70 pending
Why this matters
Broader public-market fundraising may improve valuation benchmarks and financing flexibility for retail-tech transactions, while making IPO readiness a more viable alternative to private M&A exits.