15/09/2026
โน๐๐,๐๐๐ ๐๐ซ๐จ๐ซ๐ ๐ข๐ฌ ๐๐๐จ๐ฎ๐ญ ๐ญ๐จ ๐ฅ๐๐๐ฏ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐จ๐ง๐ ๐ ๐จ - ๐๐ข๐ฅ๐ฅ ๐ข๐ญ ๐ข๐ฆ๐ฉ๐๐๐ญ ๐ญ๐ก๐ ๐ฌ๐ฆ๐๐ฅ๐ฅ-๐๐๐ฉ & ๐ฆ๐ข๐-๐๐๐ฉ ๐ญ๐๐ฆ๐ฉ๐จ๐ซ๐๐ซ๐ข๐ฅ๐ฒ? ๐๐ข๐ฅ๐ฅ ๐ข๐ญ ๐๐ซ๐๐๐ญ๐ ๐๐ง๐จ๐ญ๐ก๐๐ซ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐จ๐ซ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ?
Jio (โน37,700 Cr) and NSE India (โน25,000-27,000 Cr) may both list around the same time. Together, that's more money than , Paytm and Coal India Limited raised โ combined.
The question everyone's asking: will this drain the market and leave nothing for other IPOs?
Here's the simpler way to look at it: the money doesn't disappear. It just moves around.
โ Big funds and insurers will feel the squeeze first. Two huge issues at once mean less room for other companies trying to raise money in the same window.
โ Retail money comes back fast. If you don't get shares in an IPO, your refund usually hits your account in 3-6 days. That money doesn't sit idle โ it goes straight into the next IPO or into buying shares once the new stock lists. But what about the quantum of money they have?
โ We've seen this before. LIC and Paytm both listed within months of each other back in 2021-22. Neither one killed the market for smaller IPOs โ if anything, both got investors excited about IPOs in general, and that helped the smaller ones too.
โ The real risk isn't the size of these IPOs. It's the timing. If Jio and NSE open in the same week, they'll be fighting for the same pool of big investors.
If they're spaced a few weeks apart, the market can easily handle both.
So the bigger IPOs don't necessarily starve the smaller ones. Bad timing between them would.
That's what to watch in the coming months โ not just the big numbers in the headlines.
Hyundai India Tata Capital Coal India Limited HDB Financial Services Ltd.
