IPO Market — India IPO tracker

IPO Pipeline 2026

Companies that have filed DRHP with SEBI and are expected to launch their IPO in 2026. Track filing status, expected dates and issue size.

Curated — last reviewed 06 Aug 2026

Active pipeline

68

SEBI Approved

9

DRHP Filed

55

Confidential

1

Paused

3

Expected in 2026

9

Showing 68 companies in the active pipeline. 9 have a listing window inside 2026; the remaining 59 are either TBA, paused, or targeting 2027.

1
Confidential
55
DRHP Filed
9
SEBI Approved
10
IPO Opens

Mainboard IPOs

38
ExpectedDetails
Jio PlatformsTelecom₹37,700 Cr (fresh issue)DRHP FILEDAug–Oct 2026
NSE (National Stock Exchange)Financial Services₹30,000 Cr (pure OFS)DRHP FILEDBefore Dec 2026
ZeptoQuick Commerce₹11,000 Cr (est.)DRHP FILEDJul 2026 (targeted)
OYO (Oravel Stays / PRISM)Travel & Hospitality₹6,650 Cr (fresh issue)SEBI APPROVEDAug–Sep 2026
ZetwerkManufacturing / B2B₹4,000–5,000 Cr (est.)CONFIDENTIALLater 2026
Hero FinCorpNBFC₹3,668 Cr (₹2,100 Cr fresh + ₹1,568 Cr OFS)DRHP FILEDAug 2026 (est.)
Veritas FinanceNBFC₹2,800 Cr (₹600 Cr fresh + ₹2,200 Cr OFS)SEBI APPROVEDTBA (approval validity under review)
Prestige Hospitality VenturesHospitality₹2,700 Cr (approved, on hold)PAUSEDOn hold (PE stake sale)
Milky MistFMCG / Dairy₹2,035 Cr (₹1,785 Cr fresh + ₹250 Cr OFS)SEBI APPROVEDTBA
boAt (Imagine Marketing)Consumer Electronics₹1,500 Cr (₹500 Cr fresh + ₹1,000 Cr OFS)SEBI APPROVED~Oct 2026 (est.)
Hero MotorsAuto Components₹1,200 Cr (₹800 Cr fresh + ₹400 Cr OFS)SEBI APPROVED2026 (awaiting RHP)
CurefoodsFood-tech₹800 Cr fresh + OFS (approved, on hold)PAUSEDPostponed (~2027)
Advanced Sys-TekDRHP FILEDTBA
Encube EthicalsDRHP FILEDTBA
Arjun JewellersDRHP FILEDTBA
BEAUTY GARAGEDRHP FILEDTBA
J PAN TUBULAR COMPONENTSDRHP FILEDTBA
AGS HealthDRHP FILEDTBA
Tonbo Imaging IndiaDRHP FILEDTBA
Zetwerk Manufacturing BusinessesDRHP FILEDTBA
Muthoot FincorpDRHP FILEDTBA
Svatantra MicrofinDRHP FILEDTBA
TABLESPACE TECHNOLOGIESDRHP FILEDTBA
Avtar SteelDRHP FILEDTBA
GEMINI EDIBLES & FATS INDIADRHP FILEDTBA
JAY JAGDAMBADRHP FILEDTBA
Nobel HygieneDRHP FILEDTBA
M P STEEL (INDIA)DRHP FILEDTBA
AVAADA ELECTRODRHP FILEDTBA
ATOMBERG TECHNOLOGIESDRHP FILEDTBA
RATNADEEP RETAILDRHP FILEDTBA
GNI INFRASTRUCTUREDRHP FILEDTBA
Indian Gas ExchangeDRHP FILEDTBA
YOGIJI DIGIDRHP FILEDTBA
MASTER CHAINS N JEWELSDRHP FILEDTBA
PhonePeFintechTBA (pure OFS)DRHP FILEDH2 2026 (timing under review)
RentomojoConsumer TechTBADRHP FILEDTBA
FlipkartE-commerceTBAPAUSEDDeferred (post-FY27)

SME IPOs

30
DRHP
Aditya Creative OrnamentsDRHP FILEDAug 2026View DRHP
Watrana RentalsDRHP FILEDAug 2026View DRHP
Shree Balajee Tapes And PackagingDRHP FILEDAug 2026View DRHP
Tirupati Balaji EximDRHP FILEDAug 2026View DRHP
Maxwell Engineering SolutionsDRHP FILEDAug 2026View DRHP
Bench Mark Infotech ServicesDRHP FILEDJul 2026View DRHP
Shree Siddhivinayak Greentech IndustriesDRHP FILEDJul 2026View DRHP
Aarish OutdoorsDRHP FILEDJul 2026View DRHP
Dynamic Eyewear IndiaDRHP FILEDJul 2026View DRHP
Vaibhav VyapaarDRHP FILEDJul 2026View DRHP
Vardhman Airport SolutionsSEBI APPROVEDJun 2026View DRHP
Photonics WatertechDRHP FILEDJun 2026View DRHP
Ashoka Cattle And Poultry FeedsDRHP FILEDJun 2026View DRHP
Warivo Electric MobilityDRHP FILEDJun 2026View DRHP
Airpro Technology IndiaDRHP FILEDJun 2026View DRHP
Anawil Wire and EngineeringSEBI APPROVEDJun 2026View DRHP
Rac ExtrusionsDRHP FILEDJun 2026View DRHP
Accufast MetalsDRHP FILEDJun 2026View DRHP
Bulls Eye Knowledge SystemDRHP FILEDJun 2026View DRHP
Vedant Poly FabsDRHP FILEDJun 2026View DRHP
Cellcronic TechnologiesDRHP FILEDMay 2026View DRHP
R.K. Fashion AccessoriesDRHP FILEDMay 2026View DRHP
Addsoft TechnologiesDRHP FILEDApr 2026View DRHP
EventionsSEBI APPROVEDMar 2026View DRHP
Yogiraj PowertechDRHP FILEDMar 2026View DRHP
Sheetal Medicare ProductsDRHP FILEDMar 2026View DRHP
Smartdata Enterprises (India)DRHP FILEDMar 2026View DRHP
Hgs (India)SEBI APPROVEDMar 2026View DRHP
A J PackagingDRHP FILEDMar 2026View DRHP
Qualiance InternationalDRHP FILEDMar 2026View DRHP

Frequently Asked Questions

When will the Jio Platforms (Reliance Jio) IPO open?

Jio Platforms filed its DRHP with SEBI on 19 June 2026 — a ₹37,700 crore pure fresh issue at roughly a $137 billion valuation. Listing is expected in the August–October 2026 window, subject to SEBI observations and market conditions.

What does SEBI approval mean for an IPO?

After a company files its DRHP (Draft Red Herring Prospectus) with SEBI, the regulator reviews it and issues an observation letter (approval) within 30 days. Once approved, the company has 12 months to launch the IPO.

How long after DRHP filing does an IPO open?

Typically 3-6 months after DRHP filing — SEBI review takes ~30 days, then the company needs time to finalise pricing, roadshows, and market conditions.

What is a confidential DRHP filing?

SEBI introduced confidential pre-filing in 2022. Companies can submit DRHP privately to get SEBI feedback before public disclosure. PhonePe and Zepto used this route.

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Disclaimer: Data sourced from SEBI filings and public announcements. Issue sizes are estimates where SEBI documents are unavailable. Filing dates may be approximate. This is not investment advice.