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Financial services companies buck weak market to rock IPO show

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Financial services companies buck weak market to rock IPO show
ET Intelligence Group: In a fiscal year when finance sector indices struggled to deliver returns, newly-listed firms from the sector drove record fundraising in the primary market. Together, they raised ₹49,795 crore through initial public offerings (IPOs)-the highest annual tally for the sector in a decade, surpassing the ₹42,283 crore mobilized over the previous six years combined.

Financial services companies accounted for 28% of the ₹1.8 lakh crore raised by 109 mainboard firms in FY26, marking the strongest year ever both in terms of the number of issuances and total proceeds, which increased 9% year-on-year. The total sample covers companies listed between April 2025 and March 2026 across the NSE and BSE main boards.

Fin Services Cos Buck Weak Market to Rock IPO ShowAgencies

raise ₹49,795 cr in fy26—highest annual tally for sector in a decade

The year’s two largest IPOs were from the finance sector: Tata Capital (₹15,512 crore) and HDB Financial Services (₹12,500 crore). They, together with ICICI Prudential AMC (₹10,603 crore) and Groww, or Billionbrains Garage Ventures, (₹6,632 crore), accounted for 26% of the total IPO mop-up.

This highlights the sector’s role in sustaining primary market momentum despite weak secondary market sentiment. The BSE Financial Services index slipped over 1% while the Sensex fell nearly 5% during the year, weighed down by concerns over the conflict in West Asia.

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Apart from financial services, major sectors that raised IPO money in FY26 include consumer durables (₹17,522.9 crore), capital goods (₹10,740.3 crore), and fast-moving consumer goods (₹9,374.5 crore).


The other big IPOs during FY26 were by LG Electronics, which raised ₹11,607 crore, Lenskart Solutions (₹7,278.8 crore), and Meesho (₹5,421 crore). The top 10 IPOs collected ₹81,063 crore, forming 46% of the total IPO kitty in FY26. In FY25, the top 10 IPOs collected ₹92,680 crore or 57% of the total IPO sum of ₹1.6 lakh crore.

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Berkshire Hathaway to buy US homebuilder Taylor Morrison for $8.5 billion

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Berkshire Hathaway to buy US homebuilder Taylor Morrison for $8.5 billion


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US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

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US takes step to halt Nvidia AI chip shipments to Chinese firms outside China


US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

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International Countries Have Only Bought 10% Of Total New Debt Over 18 Months

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International Countries Have Only Bought 10% Of Total New Debt Over 18 Months

SchiffGold is a full-service, discount precious metals dealer specializing in investment-grade gold and silver bullion. We offer a range of related services, from vault storage partners to physical gold IRAs.

Renowned investor Peter Schiff founded SchiffGold in 2010 to provide a trustworthy source of bullion for his brokerage clients. Peter has always advised long-term investment in physical precious metals as an inflation-proof store of value. Unfortunately, he found far too many gold buyers were getting swindled by big companies pushing numismatics at high markups. SchiffGold is his answer — an honest gold dealer that sells only the most liquid bullion products in the world at the lowest possible prices.

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Taiwan Suspects Nvidia AI Chip Shipment Smuggled to China

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Taiwan Suspects Nvidia AI Chip Shipment Smuggled to China

Taiwan prosecutors suspect three individuals successfully smuggled at least one shipment of Nvidia AI chips to China. The suspects reportedly used deceptive methods in the transfer process, raising concerns over technology security and intellectual property violations. An investigation is ongoing to determine the full extent of the smuggling operation and potential regulatory breaches.


Authorities in Taiwan suspect that a shipment of Nvidia AI chips was smuggled into China, raising concerns about potential technology leaks and national security. The investigation was prompted after customs officials detected irregularities in the export documentation of the high-performance chips, which are crucial for artificial intelligence applications. These chips are highly sought after for their advanced capabilities and are often targeted for smuggling to benefit competitors or unauthorized entities.

The suspected smuggling operation highlights the growing complexities of international technology trade and security. Taiwan, a major hub for semiconductor manufacturing, closely monitors the export of sensitive technology to prevent misuse or unauthorized transfer. The government has vowed to strengthen controls and collaborate with international partners to prevent similar incidents in the future.

This incident underscores the broader geopolitical tensions surrounding technology and innovation. As countries compete for technological dominance, safeguarding intellectual property and preventing unauthorized exports become increasingly critical. Authorities continue to investigate the case, aiming to ensure the integrity of Taiwan’s high-tech industry and prevent technological espionage.

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