New Delhi, Feb. 20 -- The Indian IPO market, which has witnessed unprecedented demand from investors in recent years, has slowed down in the current calendar year, as weak sentiment toward risky assets, driven by heightened market volatility and a poor response from investors towards new listings, has turned the primary market into a low-activity environment with tepid subscription levels.

According to Trendlyne data, 31 companies, including both mainboard and SME segments, have raised funds so far, with three more set to list next week, bringing the total count to 34, lower than the 50 listings during the same period last year.

2025 was a record-breaking year for new listings, with a whopping 373 IPOs, comprising 103 mainboard and 270 ...