Upcoming IPO 2026, Complete IPO Calendar & List
As 2025 comes to an end, investors are looking forward to seeing what upcoming IPOs will provide in 2025. Regardless of the season or the year, investors will always continue to be interested in upcoming IPOs. Investors will always search for the best possible opportunity to invest in, which comes from the IPO opportunities available in 2026. According to some sources, 2026 should be a special year for upcoming IPOs in India. Many of the largest and most well-known companies are preparing to issue their IPOs in 2026.
Many companies will either seek to accelerate their company’s growth or expand their businesses or reduce their debt through their IPOs that will be on the upcoming IPO 2026 list. Investors looking to take advantage of both short-term and long-term financial gains will find plenty of opportunities by participating in the forthcoming IPOs of 2026. Major sectors such as telecom, healthcare, e-commerce, and technology will introduce new IPOs in the year 2026 that will appeal to a variety of investors, including retail, institutional, and foreign investors. With that said, let’s just take a look at the upcoming IPOs of 2026 and determine which companies are preparing to enter the IPO market.
Upcoming Mainboard IPOs in 2026
Get the latest Mainboard IPO updates 2026, including current, open, closed, and upcoming IPOs on the NSE and BSE. An Initial Public Offering (IPO) is the process through which a private limited company becomes a publicly listed company by offering its shares on a stock exchange. Mainboard IPOs are listed on both the NSE and BSE as per the schedule mentioned in the Red Herring Prospectus (RHP).
| IPO / Stock | Category | Status | IPO Date | Price Band |
|---|---|---|---|---|
| Bharat Coking Coal (BCCL) | Open | 9-13 Jan 2026 | ₹21 to ₹23 | Apply IPO |
| Amagi Media Labs | Upcoming | 13-16 Jan 2026 | ₹343 to ₹361 | Apply IPO |
| Clean Max Enviro | Upcoming | 2026 | ₹- | Apply IPO |
| Sunshine Pictures | Upcoming | 2026 | ₹- | – |
| Hero Fincorp | Upcoming | 2026 | ₹- | – |
| Orient Cables | Upcoming | 2026 | ₹- | – |
| Curefoods | Upcoming | 2026 | ₹- | – |
| Hero Motors | Upcoming | 2026 | ₹- | – |
| Priority Jewels | Upcoming | 2026 | ₹- | – |
| Tea Post | Upcoming | 2026 | ₹- | – |
| Clean Max | Upcoming | 2026 | ₹- | – |
| Juniper Green Energy | Upcoming | 2026 | ₹- | – |
| Omnitech Engineering | Upcoming | 2026 | ₹- | – |
Upcoming SME IPOs in 2026
Get the upcomig SME ipo 2026 updates, including current, open, closed, and upcoming IPOs on the NSE Emerge and BSE SME. An Initial Public Offering (IPO) is the process through which a private limited SME company becomes a publicly listed company by offering its shares on a stock exchange. SME IPOs are listed on both the NSE Emerge and BSE SME as per the schedule mentioned in the Red Herring Prospectus (RHP).
| IPO / Stock | IPO Status | IPO Date | Price Band | Application |
|---|---|---|---|---|
| Yajur Fibres | Closed | 7-9 Jan 2026 | ₹168 to ₹174 | Apply IPO |
| Victory Electric Vehicles | Closed | 7-9 Jan 2026 | ₹41 | Apply IPO |
| Defrail Technologies | Open | 9-13 Jan 2026 | ₹70 to ₹74 | Apply IPO |
| Avana Electrosystems | Open | 12-14 Jan 2026 | ₹56 to ₹59 | Apply IPO |
| Narmadesh Brass | Open | 12-15 Jan 2026 | ₹515 | Apply IPO |
| INDO SMC | Upcoming | 13-15 Jan 2026 | ₹141 to ₹149 | Apply IPO |
| GRE Renew Enertech | Upcoming | 13-16 Jan 2026 | ₹100 to ₹105 | Apply IPO |
| Armour Security | Upcoming | 14-19 Jan 2026 | ₹55 to ₹57 | Apply IPO |
| Infraprime Logistics | Upcoming | 2026 | ₹- | – |
| Victory Electric | Upcoming | 2026 | ₹- | – |
About IPO (Initial Public Offering)
An Initial Public Offering (IPO) describes a private enterprise offering security for sale to the public for the first time. The result of an IPO is that the private entity becomes a public company listed on a stock exchange. The proceeds from an IPO are typically used to invest in the company, such as for further expansion, to pay down debt, or for general corporate purposes. For investors, subscribing to an IPO provides an opportunity to become an owner of a stock upon the stock’s initial trading date in the market.
Types of IPOs in India
Mainboard IPOs
Mainboard IPOs are issued by well-established companies with larger business operations. These IPOs are listed on India’s two primary stock exchanges — NSE and BSE. They generally require a bigger investment amount and attract both retail and institutional investors.
SME IPOs
SME IPOs (Small and Medium Enterprise IPOs) are designed for smaller companies with growth potential. They are listed on dedicated SME platforms of NSE and BSE. While the investment entry point is usually higher compared to Mainboard IPOs (because of lot size), they provide an opportunity to invest early in emerging businesses.
IPO Process Explained (Step by Step)
Filing DRHP with SEBI – The company submits a Draft Red Herring Prospectus (DRHP) to SEBI, which contains financial details, risks, and objectives of the IPO.
Getting RHP Approval – Once SEBI reviews and approves, the company files the Red Herring Prospectus (RHP), confirming the offer details.
Price Band & Lot Size Announcement – The price range for shares and the minimum number of shares (lot size) are announced.
Subscription Period – The IPO remains open for 3–5 working days. During this time, retail investors, qualified institutional buyers (QIBs), and non-institutional investors (NIIs) can bid.
Allotment & Refund – After the subscription closes, shares are allotted. If you don’t receive shares, your money is refunded.
Listing Day on NSE/BSE – Finally, the company’s shares are listed on the stock exchange, and trading begins.
Why Do Companies Launch IPOs?
To Raise Capital – The biggest reason is to raise funds for expansion, R&D, or acquisitions.
For Debt Repayment – Many companies use IPO proceeds to reduce existing liabilities.
For Expansion & Growth – IPO funding helps in scaling operations, entering new markets, or launching new products.
To Build Brand Visibility – A listed company gains credibility and recognition among customers and investors.
To Improve Credibility – Being publicly listed increases trust, transparency, and corporate governance standards.
Benefits & Risks of Investing in IPOs
Benefits
Potential for high returns if the company performs well.
Chance to invest in businesses at an early stage of their growth journey.
Often priced attractively to encourage investor participation.
Risks
Market volatility may impact listing gains.
Not all IPOs perform as expected — some may list below issue price.
Limited financial history in SME IPOs increases risk for retail investors.
How to Apply for an IPO?
Through UPI & Demat Apps
Most investors today apply via stockbroking apps like Zerodha, Upstox, Groww, or Paytm Money. You select the IPO, enter your UPI ID, and approve the mandate in your UPI app.
Through ASBA (Bank Net Banking)
ASBA (Application Supported by Blocked Amount) is available in almost all banks. Log into your net banking account, select the IPO option, fill in your PAN, Demat details, and bid. The money stays blocked until allotment.
Through Offline Brokers
Traditional investors can also apply through brokers by submitting a physical IPO application form. The broker submits it on your behalf.
Frequently Asked Questions (IPO FAQs)
Q. Which is the next upcoming IPO in 2025?
A. Some of the IPOs expected in 2025 include Vashishtha Luxury Fashion, Karbonsteel Engineering, LT Elevator, Taurian MPS, Hero Fincorp, Tata Capital, Hero Motors, BoAt, LG Electronics India, and more.
Q. How can retail investors apply for IPOs?
A. Retail investors can apply online through UPI-enabled broker apps or via their bank’s ASBA service.
Q. What is the difference between SME IPO and Mainboard IPO?
A. Mainboard IPOs are for large, established companies listed on NSE/BSE main exchanges, while SME IPOs are for smaller companies listed on dedicated SME platforms.
Disclaimer
The IPO information provided here is for educational purposes only. Dates and details are based on company announcements and filings with NSE/BSE and SEBI, and may change. We do not provide grey market premiums, Kostak rates, or investment advice. Please consult a financial advisor before investing.