2 days Ago By Pratiksha Thayil
The initial public offering market has sharply decelerated over the past three months. The combination of US President Donald Trump's tariffs and a broader decline in global markets has led to a halt in IPO listings. This week, only three listings are scheduled, with no new IPOs expected.
This marks the second consecutive week with no new IPOs in both the SME and mainboard segments. March was the first month in nearly two years without a mainboard IPO, with the last such pause occurring in May 2023. A similar pattern appears to be emerging.
Three companies—Infonative Solutions, Spinaroo Commercial, and Retaggio Industries—are set to list on the BSE SME platform. Retaggio Industries will make its debut on Monday. Shares of Infonative Solutions and Spinaroo Commercial are expected to list on Tuesday, with their basis of allotment to be finalised on Friday.
According to Bloomberg, billions of dollars in acquisitions and IPOs have been delayed as Trump’s trade war disrupts global markets. The S&P 500 recently fell 6%, its worst drop since the onset of the Covid-19 pandemic in March 2020.Tata Capital IPO: Upper Layer NBFC's $2 Billion Offer Latest To Go The Confidential Way In India, only 10 IPOs were completed in the first quarter of calendar year 2025, a significant drop compared to 21 IPOs in the same period last year, according to BSE data.
This slowdown follows a downturn in the equity markets, which began after the BSE Sensex and the NSE Nifty 50, peaked in September 2024, with the situation exacerbated by Trump's tariff announcements."Concerns over high valuations have also prompted many companies to delay their IPO plans, fearing weak investor demand," said Bajaj Broking Research. Despite receiving approvals from the Securities and Exchange Board of India, several companies have postponed their listings due to market volatility, investor pessimism, and unfavourable valuations.
"Many are waiting for better market conditions to ensure more favourable pricing and greater investor participation," the brokerage added.Sai Infinium Files Draft Papers For IPO. Read more on IPOs by NDTV Profit.
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