India’s IPO boom hits pause: Why 2026 is off to a slow start after a record 2025 | Business news

After a historic IPO wave in 2025, India’s primary markets were expected to stay red hot. But 2026 has begun very differently. Fewer listings, weaker subscriptions, and muted debuts are raising one big question: Has investor appetite faded? Here’s a deep dive into why India’s IPO momentum is suddenly slowing, and what it means for markets ahead.