As many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March, signalling improving issuer sentiment even as regulatory timelines contributed to the surge. This marks a sharp jump from 22 filings in March 2025 and 16 in March 2024, data from Sebi showed, indicating a stronger pipeline of public issues. The momentum is expected to continue, with several high-profile companies preparing to submit their draft papers in the coming weeks.
