September IPO fundraising hits CY26 high amid Nifty fall
In short
September IPO fundraising was the highest so far in CY26, even though the Nifty fell sharply. Market data said September listings had a median valuation of 31 times, while ESDS Software Solution, Hero Motors and Prasol Chemicals were at 155 times, 143 times and 114 times.
This suggests investors still chased new listings despite weak markets. The total amount raised was not stated in the available reporting.
What the reporting says
September IPO fundraising was the highest so far in CY26, even as the Nifty fell sharply, according to a market summary. The reporting also said September listings had a median valuation of 31 times, with ESDS Software Solution, Hero Motors and Prasol Chemicals standing out at 155 times, 143 times and 114 times respectively. The immediate takeaway is a strong fundraising month, but the exact amount was not stated.
Why it matters
September IPO fundraising was reported as the highest so far in CY26, even as the Nifty declined sharply. The available summary says September listings carried a median valuation of 31 times, with ESDS Software Solution, Hero Motors and Prasol Chemicals at especially high multiples. The report points to continued demand for new issues, but it does not give the fundraising amount or explain the market drawdown.