India's IPO market is poised for a record-breaking year in 2026, with an estimated fundraising pipeline exceeding Rs 2.65 lakh crore. This projection is supported by strong domestic investor interest and favorable regulatory adjustments. Despite this optimism, concerns persist regarding market volatility, company valuations, and post-listing gains. In 2025, IPO fundraising reached Rs 1.95 lakh crore, surpassing 2024's figures, with major listings including Tata Capital and HDB Financial Services.