Number of IPOs per year (mainboard + SME)

Verified

Before (baseline)

52IPOs

as of 2004-03-31

Now (latest)

272IPOs

as of 2024-03-31

Change

×5.2

Over time

IPOs · source-verified data points only

Context & shortfalls

IPO count reflects listed BSE/NSE IPOs including SME platforms. The series shows strong cyclicality — near-zero in FY2020 (COVID lockdown), then record 272 in FY2024. Wider demat account penetration (15 Cr accounts), UPI-based ASBA, and robust retail demand support market depth. Several SME IPOs have attracted regulatory scrutiny for thin float and related-party issues; SEBI tightened rules in 2024.

Source

SEBI / Prime Database / NSE

https://www.sebi.gov.in/reports-and-statistics/reports/mar-2024/annual-report-2023-24_83513.html ↗

Data as of 2024-03-31. Large national figures change frequently — verify at source before citing.