How much money do IPOs raise in India each month?

History

SEBI counts IPOs by the month they listed. The total is main board IPOs (₹40,355 crore, 32 issues) plus SME IPOs (₹1,684 crore, 38 issues). It includes offer-for-sale money, which goes to selling shareholders and not to the company.

The figures side by side

How we got this number

1. Take the 'IPO (Total) [A+B]' row of Table 6 in SEBI's October 2026 Bulletin annexure tables: 70 issues and ₹42,038.8 crore for September 2026.
2. Split it with the main board row (32 issues, ₹40,354.97 crore) and the SME row (38 issues, ₹1,683.83 crore); the two add up to the total.
3. Put it next to the earlier months in the same row, which run from April to August 2026, and round each to the nearest crore.

What this number does not tell you

• SEBI classes an IPO by its listing date, so the figure is for IPOs that listed in the month, not ones that opened for bids in it.
• Of the ₹42,039 crore, ₹30,303 crore was offer for sale (money to existing shareholders) and ₹11,736 crore was fresh capital for the companies.
• Other trackers count IPOs by opening date or by calendar half-year, so their monthly totals will not match SEBI's. This page follows SEBI's bulletin.

Sources

1. SEBI Bulletin, October 2026: Table 6, IPO (Total), bulletin dated 28 Oct 2026; data as on Sep 30, 2026 — columns after the label: 2025-26 (issues, ₹ crore), 2026-27 to Sep (issues, ₹ crore), then April to September 2026 (issues, ₹ crore for each month)Table 6: Consolidated Resource Mobilisation by Corporates/Other Entities through Primary Markets. C. IPO (Total) [A+B] 366 188616 189 98037.87 11 2493.18 13 1576.63 22 2496.71 33 19237.2 40 30195.35 70 42038.8. $ indicates as on Sep 30, 2026. Source: BSE, NSE and SEBI
2. SEBI Bulletin, October 2026: Table 6, main board and SME rows, bulletin dated 28 Oct 2026; data as on Sep 30, 2026A. IPOs (Main Board) 109 177029 71 92357.07 4 2098.85 1 925.92 3 1652.16 13 18349.2 18 28975.97 32 40354.97. B. IPO (SME) 257 11587 118 5680.8 7 394.33 12 650.71 19 844.55 20 888 22 1219.38 38 1683.83
3. SEBI Bulletin, October 2026: Table 6, offer for sale and fresh capital, bulletin dated 28 Oct 2026; data as on Sep 30, 2026i) OFS Component (Total) 109714 55773.14 581.15 97.63 1036.44 15182.21 8572.76 30302.95. ii) Fresh Capital Raising Component (Total) 78902 42264.73 1912.03 1479 1460.27 4054.99 21622.59 11735.85. Notes: 1. IPOs are classified based on listing date and public debt issues on the basis of closing date of the issue.
4. SEBI Monthly Bulletin, July 2026 (June 2026 figures), July 2026 bulletin; data for June 2026The month saw 22 IPOs and seven rights issues, which collectively raised ₹2,844 crore. Mainboard IPOs accounted for ₹1,652 crore (three issues), while SME IPOs raised ₹845 crore (19 issues) during the month. a. IPOs (i+ii) 6,567 2,497

Worked out by us: 42039 (₹42,038.8 crore (SEBI Bulletin, September 2026 IPO total) rounded to the nearest crore); 40355 (₹40,354.97 crore (main board IPOs, September 2026) rounded to the nearest crore); 1684 (₹1,683.83 crore (SME IPOs, September 2026) rounded to the nearest crore); 30195 (₹30,195.35 crore (IPO total, August 2026) rounded to the nearest crore); 98038 (₹98,037.87 crore (IPO total, April to September 2026) rounded to the nearest crore); 30303 (₹30,302.95 crore (offer-for-sale part of September 2026 IPOs) rounded to the nearest crore); 11736 (₹11,735.85 crore (fresh-capital part of September 2026 IPOs) rounded to the nearest crore); 2493 (₹2,493.18 crore (IPO total, April 2026) rounded to the nearest crore); 1577 (₹1,576.63 crore (IPO total, May 2026) rounded to the nearest crore); 19237 (₹19,237.2 crore (IPO total, July 2026) rounded to the nearest crore).

Questions people ask

How much did Indian IPOs raise in September 2026?

₹42,039 crore across 70 issues, of which main board IPOs raised ₹40,355 crore (SEBI Bulletin, October 2026).

How much have IPOs raised so far this financial year?

₹98,038 crore from 189 issues between April and September 2026 (SEBI).

Does this go to the companies?

Not all of it. In September 2026, ₹11,736 crore was fresh capital for companies and ₹30,303 crore was offer for sale, paid to existing shareholders.

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This figure is from SEBI's own release or a report quoting it. We recheck it monthly. If you have a newer or better source, send it to us.