Despite quick-commerce startup Zepto delaying its initial public offering (IPO), India’s primary market is expected to remain active with seven companies preparing to launch IPOs in the first two to three weeks of August, aiming to collectively raise around ₹9,500 crore, according to people familiar with the matter.
The robust pipeline follows a record July for the IPO market and reflects continued investor interest in quality public issues across multiple sectors.
Seven Companies Prepare for IPO Launch
According to the report, the companies expected to tap the capital markets include:
- Leap India
- Ardee Industries
- Technocrafts Ventures
- Dhoot Transmission
- Molbio Diagnostics
- Innovatiview India
- MilkyMist Dairy Foods
Among these, Dhoot Transmission and Innovatiview India are expected to be the largest offerings, while Leap India is also likely to launch its IPO in the coming days.
Zepto Delays IPO, Market Momentum Continues
The IPO activity comes shortly after Zepto informed employees that it had postponed its listing by two to three quarters, shifting its expected IPO timeline to February–May 2027 as it seeks stronger financial metrics and more favourable valuation conditions.
Despite the postponement by one of India’s most anticipated startup listings, investment bankers expect the broader IPO pipeline to remain healthy.
Strong Investor Appetite Supports Fundraising
India’s primary market has remained resilient in 2026, supported by:
- Improving corporate earnings
- Healthy domestic liquidity
- Strong retail investor participation
- Positive equity market sentiment
- Continued institutional interest
Market participants believe companies are looking to capitalize on favourable market conditions before the festive season.
IPO Pipeline Reflects Diverse Sector Participation
The upcoming IPO candidates represent a wide range of industries, including:
- Logistics
- Manufacturing
- Industrial products
- Diagnostics
- Dairy and food processing
- Education technology
- Engineering solutions
This diversified pipeline highlights the broad-based demand for capital across India’s corporate sector.
Key Highlights
- Seven companies plan IPO launches in early August.
- Combined fundraising target of around ₹9,500 crore.
- Leap India, Dhoot Transmission, Innovatiview India, Molbio Diagnostics, MilkyMist Dairy Foods, Ardee Industries, and Technocrafts Ventures are among the issuers.
- Dhoot Transmission and Innovatiview India are expected to be the largest offerings.
- Pipeline remains strong despite Zepto’s IPO delay.
