IPO Valuations Got ‘Smoother’: Bharat Lahoti Of Edelweiss MF

India’s initial public offering (IPO) market is likely to remain active through the end of 2026, with the country expected to see close to 100 IPOs by year-end, according to Bharat Lahoti, President and Co-Head, Factor Investing at Edelweiss Mutual Fund. Speaking to NDTV Profit, Lahoti said IPO valuations have become “smoother” over time, with companies increasingly coming to the market from fast-growing sectors. However, the strong primary-market activity has not necessarily translated into gains for investors after listing.