July IPOs to Watch: SBI AMC, Zepto, and Manipal Hospitals Lead ₹50,000 Cr Offerings!

The Indian IPO market is poised for an explosive growth surge in July 2026, following a resilient performance in June. Major geopolitical events such as the recent Iran-US peace talks have created a bullish atmosphere, stemming investor caution. With expectations of a combined fundraising of approximately INR 50,000 crore from a robust lineup of IPOs, this period could become a landmark month for India’s primary market. Among the most notable entries is SBI Funds Management, which aims to raise INR 13,500 crore, signaling strong appetite from institutional investors and enhanced market depth.

Grey market sentiments are crucial indicators and, as observed, pre-IPO valuations are showing promising figures. SBI Funds Management’s unlisted shares currently boast a market capitalisation of around INR 1.75 to 1.80 lakh crore, potentially testing market dynamics with a pricing band suggested to be at a 20% discount to prevailing rates. Alongside, high-profile IPOs from companies like Zepto and Manipal Hospitals, with expected fundraisings of INR 11,000 crore each, signal strong institutional and retail interest, further nurturing investor confidence in the broader equity landscape.

For Indian investors, this wave of mega IPOs not only offers an array of investment opportunities but also reflects a synchronized recovery across industries. The success of these IPOs could restore liquidity for private equity backers, improve access to essential services like healthcare and affordable housing, and spur technological advancements in sectors such as cloud computing and defense. As the market gears up, the ability to analyze and choose wisely within this booming pipeline can position investors favorably for future growth.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)