After nearly four months of back-to-back public offerings that helped Indian companies raise record primary-market capital, the coming week will be noticeably quieter. There are no new mainboard IPOs scheduled, marking a brief pause in what has been one of the busiest listing cycles in recent years. Instead, three SME issues will open for subscription, keeping the broader pipeline active even as large issuances take a breather.The slowdown follows a period when several high-profile companies, including Lenskart, Groww, Pine Labs and PhysicsWallah, tapped investors. Strong institutional flows and elevated retail participation had pushed subscription numbers sharply higher across many mainboard offers. But with the year coming to a close and markets turning selective, the near-term schedule

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