Larger Companies in Delhi Plan to List on the Main Board
Despite the worldwide economic turmoil, nearly 90 companies submitted draft documents to list on the main board in the 2025 to May 2025 period, indicating sustained interest in going public.
The Securities and Exchange Board of India (SEBI) website shows January was the busiest with 28 company submissions, followed by 15 in February, 11 in March, 24 in April, and 12 so far in May.
Several notable companies have already listed on the mainboard this year, including Canara HSBC Life Insurance, Canara Robeco Asset Management Company, Anand Rathi Share and Stock Brokers, and WeWork India.
Filing a DRH (draft red herring prospectus) is the initial step for companies looking to raise money through initial public offerings (IPOs). A DRH document details essential financial and business information required by SEBI.
Global uncertainties haven’t slowed down company listing plans, though the emergence of biopharmaceutical IPOs has experienced a significant recovery.
As of now, the Sensex has shown a return of around 2.73 percent, while the Nifty has recorded a growth of 3 percent. These figures reflect cautious optimism in the equity markets, influenced by geopolitical tensions and US tariffs.
India’s biopharmaceutical sector saw a notable increase in listings this year.
Source: SEBI
