FY26 IPO market a disaster as investors lose money in 2 out of 3 issues. Will next year be better?

Indias IPO market in FY26 has seen a sharp downturn, with nearly two-thirds of listings trading below issue price. Weak market conditions, stretched valuations and cautious investor sentiment have weighed on performance, marking a reversal from earlier gains. Analysts view this as a cyclical correction, with recovery dependent on broader market stability.