August IPOs Deliver 100% Gains, Retail Investor Base Expands

Indian IPOs in August saw 100% listing gains, with 18 mainland IPOs raising ₹28,976 crore and carrying ₹2.48 lakh crore in market value, an 8.6 times return on investment. Manipal Payment accounted for 32% of the month's fundraising, and new registrations expanded rapidly, with the western region seeing a 40.9% month-on-month increase. Individual investor participation also rose significantly, with new registrations on the NSE reaching 1.5 million.