New Delhi, Feb. 25 -- The IPO market, which has remained hot in recent years with a record number of listings on Dalal Street, appears to have lost its momentum in 2026, as fresh listings have taken a pause, while companies that did make their debut witnessed lacklustre entries on the exchanges.

The weakness has extended to post-listing performance as well, turning what was once a dominant and high-traction primary market into a more subdued and cautious space.

So far in 2026, 32 companies across both the mainboard and SME segments have entered the Indian stock market following their fundraising program, according to Trendlyne.

This number is lower compared to the same period last year, when 50 companies made their debut. Notably, 11 s...