Promoter caution makes investment banks work longer and harder for IPO wins

IPO mandate timelines in India have stretched from the typical six-to-eight months to about 12 months as promoters adopt a more cautious approach amid volatile global markets and unpredictable listing-day performance. Companies are using the longer preparation window to strengthen internal controls, financial reporting, and governance rather than rushing to public markets. Sectors affected include hospitality, quick commerce, PE-backed financial firms, and real estate, while large issues such as NSE and Jio Platforms remain outliers to this trend.