India's IPO boom boosts NSE's listing business, revenue rises 12% in FY26

India's booming IPO market has significantly boosted the National Stock Exchange's listing service revenue, which grew 12% to Rs 352 crore in FY26. Despite a dip in IPO numbers, larger fundraising sums drove this increase. The exchange anticipates continued growth in this segment, projecting a 15-20% CAGR between FY26 and FY30.