List of Upcoming IPOs in 2026
Reliance Jio IPO
Reliance Jio, a subsidiary of Reliance Industries, revolutionised India's telecom sector with affordable 4G services since its 2016 launch. Now, Jio is gearing up for a 2026 IPO with an estimated valuation exceeding ₹9.3 trillion. Known for competitive pricing, widespread network coverage, and digital services like JioTV and JioCinema, Reliance Jio represents a landmark opportunity for investors keen on India's digital growth story.
Zepto IPO
Zepto, a leading quick-commerce platform, is preparing to file its draft papers for an initial public offering (IPO) by March or April 2026. Zepto has experienced rapid growth, reporting a 120% increase in operating revenue to ₹4,454 crore in FY24.
Ather Energy IPO
Ather Energy IPO is a book-built issue comprising a fresh issue of equity shares aggregating up to ₹31,000 million and an offer for sale of up to 22,000,766 equity shares. The issue is being managed by Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, JM Financial Limited, and Nomura Financial Advisory and Securities (India) Private Limited as the book-running lead managers. Link Intime India Private Limited has been appointed as the registrar for the issue.
Tata Passenger Electric Mobility (TPEML) IPO
TPEML IPO, the EV arm of Tata Motors, has a stronghold with an 80% market share in India's EV sector. Launching successful models like Nexon EV and Tiago EV, the company plans to launch 10 more EVs in the coming years. The IPO, valued between $1-2 billion, aims to expand production capacity and cement its position in the EV market. TPEML also targets luxury EVs through partnerships with Jaguar Land Rover.
Boat IPO
Popular for its affordable smartwatches, earphones, and accessories, Imagine Marketing is set to go public. The ₹2,000-crore worth Boat IPO proceeds will fund product diversification, marketing, and expansion into international markets. Known for innovative branding, Boat plans to strengthen its presence in global lifestyle segments, starting with an upcoming UAE debut.
Puranik Builders IPO
Puranik Builders, a prominent real estate developer in Mumbai and Pune, aims to raise ₹510 crore. With over 35 completed projects and 17 more in the pipeline, Puranik Builders IPO will fund ongoing projects and expansion efforts, focusing on affordable housing solutions in key metropolitan regions.
FabIndia IPO
Backed by Wipro’s Azim Premji, FabIndia is a well-known retail clothing and lifestyle brand. It plans to go public to support its growth. The ₹500 crore-worth FabIndia IPO will fund the expansion of the brand’s offline and online presence, reinforcing its position as a top player in the Indian retail market.
Tata Play IPO
Tata Play is India’s largest satellite TV operator planning to go public. Through the Tata Play IPO, major investor Walt Disney Co. aim to offload its 29.8% stake. Tata Play, formerly Tata Sky, has over 19 million subscribers and seeks to raise funds for future expansion and service improvements.
Survival Technologies IPO
Specialising in contract research and manufacturing services (CRAMS) for speciality chemicals, Survival Technologies’ IPO will expand its footprint in India and abroad. Funds will also support new product development, particularly in heterocyclic and fluoro-organic compounds.
PharmEasy IPO
API Holdings, the parent company of India’s leading digital healthcare platform, PharmEasy, has filed for its IPO with market regulator SEBI in November 2021. PharmEasy IPO will have an issue size of ₹6,250 crores. This will be an entirely fresh share issue. No shareholder or investor will be selling off their stake in the company through this IPO.
Hexagon Nutrition IPO
This research-driven nutrition company addresses food fortification, therapeutic, and clinical nutrition needs. Hexagon Nutrition IPO proceeds will fund product expansion and help combat malnutrition, positioning Hexagon as a leader in nutrition innovation in India and beyond.
Inspiria Enterprises IPO
Inspiria Enterprises is a leading enterprise solutions provider planning to go public. The Inspiria IPO is worth ₹800 crore and its proceeds will support working capital and debt repayment. Inspiria specialises in cross-vertical solutions, catering to the growing demand for digital transformation.
Sahajanand Medical Technologies IPO
Sahajanand Medical Technologies is a medical devices company focuses on vascular products. It plans to raise ₹1,500 crore via an IPO. The proceeds of Sahajanand Medical Technologies IPO will boost R&D; and expand production, addressing the global demand for advanced healthcare solutions.
Fincare Small Finance Bank IPO
With a focus on financial inclusion, Fincare serves unbanked and underserved populations, solidifying its place in India’s small finance space. Fincare SFB IPO is worth ₹1,330 crore. The proceeds will be used to enhance its Tier-1 capital and fuel loan book growth.
Skanray Technologies IPO
Specialising in medical device manufacturing, Skanray Technologies plans an IPO of ₹400 crore. The Skanray Technologies IPO proceeds will support product innovation and market expansion.
Penna Cement IPO
This Hyderabad-based cement manufacturer aims to raise ₹1,550 crore for debt reduction and capacity expansion. Penna Cement IPO will reinforce its leadership in South India while supporting plans to expand operations nationwide.
OYO IPO
India’s largest hospitality chain, OYO, plans to raise ₹8,430 crore through fresh issues and OFS. Focused on affordable, tech-driven lodging solutions, OYO IPO will fund expansion and operational improvements, targeting global markets.
Silver Consumer Electricals IPO
Silver Consumer Electricals IPO Specialising in electrical consumer durables and agricultural equipment, Silver Consumer Electricals plans a ₹1,400 crore IPO.
List of Upcoming SME IPO 2026
Citius Transnet InvIT IPO
Citius Transnet InvIT IPO is a book-built offering valued at ₹1105 crore. The IPO will open for subscription on April 17, 2026, and close on April 21, 2026 The allotment for the IPO is anticipated to be finalised on April 24, 2026. The Citius Transnet InvIT IPO is expected to be listed on the NSE SME, with a tentative listing date set for April 29, 2026.
List of Upcoming Mainboard IPO 2026
Property Share Investment Trust REIT IPO
Property Share Investment Trust REIT IPO is a book-built offering valued at ₹244.65 crore. The IPO will open for subscription on April 10, 2026, and close on April 16, 2026 The allotment for the IPO is anticipated to be finalised on April 17, 2026. The Property Share Investment Trust REIT IPO is expected to be listed on the BSE, with a tentative listing date set for April 24, 2026.
