# September IPO Rush Draws $1 Billion FPI Money

> Foreign portfolio investors poured $1 billion into Indian IPOs in September despite record stock outflows.
- Title: September IPO Rush Draws $1 Billion FPI Money | Shortify
- Summary: Foreign portfolio investors poured $1 billion into Indian IPOs in September despite record stock outflows. Foreign portfolio investors invested $1 billion in…
- Keywords: fpi, ipo, september, primary market, listed stocks, fpi money, fpi outflows, jio platforms, tcs, nifty, sensex, money
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/news/september-ipo-rush-draws-1-billion-fpi-money-even-as-listed-stocks-see-record-outflows/articleshow/134683037.cms
- Author: Ranjit Shinde
- Published: 2026-10-05T00:27:00+00:00
- Read time: 1 min
- Topics: fpi, ipo, september, primary market, listed stocks, fpi money, fpi outflows, jio platforms, tcs, nifty, sensex, money
## Foreign portfolio investors
Foreign portfolio investors invested $1 billion in the primary market while offloading $4.8 billion worth of equities in the secondary market during September 2026.
## Record outflows in September
This represents the highest outflow since April 2026 when the outflow was $6.7 billion.
## IPO activity surge
Of the 96 IPOs in 2026 so far, 34 were hosted in September alone, implying one out of every three IPOs this year was crammed in a single month.
## IPO timing impact
Companies would take time to gather audited financial data for the June and subsequent quarters in the current fiscal year.
## Jio Platforms IPO
The expected launch of the Jio Platforms IPO in October may offer support to primary market investments given its anticipated size of over ₹35,000 crore-40,000 crore.
## Historical comparison
FPIs invested $5.9 billion in the primary market while selling $33.7 billion worth of equities in the secondary market through end of September 2026.
## Key takeaway

Foreign portfolio investors invested $1 billion in Indian IPOs during September 2026 while selling $4.8 billion of listed equities, the highest outflow since April 2026.