New Delhi, Nov. 19 -- There has been an initial public offering (IPO) rush in the Indian equity market, and the numbers reflect it. In the first seven months of FY26, 72 companies went public and raised around Rs.105,325 crore, according to Prime Database.

Most of these were offer-for-sale issues, where existing investors pared their holdings. Only a handful came with fresh issuances aimed at funding expansion, reducing debt, and future growth.

Among the companies that went public recently, Belrise Industries drew interest after raising Rs.2,150 crore in May. A major portion of the proceeds ( Rs.1,618 crore) was earmarked for repaying debt, signalling a balance-sheet reset as it entered the listed space.

The stock was listed at Rs.100,...