Upcoming IPOs in India 2026 | Expected IPO List & Market Outlook
Why 2026 Is Important for IPO Investors
After periods of market volatility, many companies are waiting for stable conditions to go public. By 2026, stronger earnings visibility, improved governance, and investor confidence may encourage several delayed IPOs to finally launch. Large consumer-focused and digital businesses are expected to dominate the IPO landscape.
Expected IPOs in India in 2026
Note: IPO timelines depend on market conditions, SEBI approvals, and company decisions. The list below is based on publicly available reports and market expectations.
1. Reliance Jio IPO
Reliance Jio is widely considered the most anticipated IPO in India. The company operates across telecom, digital services, broadband, and enterprise solutions. If launched, it could become one of the largest IPOs in Indian market history.
Why investors are watching:
- Massive subscriber base
- Strong parent backing
- Exposure to India’s digital growth story
2. National Stock Exchange (NSE) IPO
The National Stock Exchange plays a critical role in India’s capital markets. Its long-awaited IPO may finally materialize once regulatory matters are resolved.
Key attraction:
- Monopoly-like market position
- Stable revenue model
- Long-term institutional interest
3. Flipkart IPO
Flipkart, one of India’s largest e-commerce companies, is expected to consider a public listing once profitability improves. The company has strong brand recognition and a wide logistics network.
Why it matters:
- Direct exposure to India’s online retail growth
- Competition-driven innovation
- Strong customer base
4. PhonePe IPO
PhonePe is a major player in India’s digital payments ecosystem. With UPI transactions growing rapidly, a PhonePe IPO in 2026 could attract strong investor interest.
Sector focus:
- Fintech & digital payments
- Financial inclusion
- Data-driven services
5. SBI Mutual Fund IPO
SBI Mutual Fund, backed by India’s largest public sector bank, is expected to explore an IPO. This would give investors exposure to the fast-growing asset management industry.
Why it’s important:
- Strong brand trust
- Large AUM base
- Consistent revenue from management fees
6. Ola Electric IPO
Ola Electric operates in the electric vehicle and battery technology space. With India pushing for EV adoption, the company may consider listing to fund expansion.
Growth drivers:
- EV adoption policies
- Clean energy focus
- Manufacturing scale
7. Zepto IPO (Quick Commerce)
Zepto represents India’s fast-growing quick-commerce segment. If market conditions improve, Zepto may file for an IPO to support expansion and logistics investment.
Risk & reward:
- High growth potential
- Competitive market
- Cash-burn concerns
8. OYO IPO (Re-Attempt Possible)
OYO may re-enter IPO discussions after improving its financial performance. The hospitality sector recovery could support renewed interest.
Things to watch:
- Profitability trends
- Debt reduction
- Corporate governance
9. boAt IPO
boAt, a consumer electronics and lifestyle brand, has strong offline and online presence. A 2026 IPO is possible if margins stabilize.
Why retail investors care:
- Strong brand recall
- Youth-focused products
- Expanding product range
10. Government & PSU IPOs
Several public sector undertakings and subsidiaries are also expected to explore IPOs in 2026 as part of disinvestment plans.
Benefits:
- Stable cash flows
- Dividend potential
- Lower business risk compared to startups
Key Sectors Likely to Dominate 2026 IPOs
- Telecom & Digital Services
- Fintech & Payments
- Asset Management
- Electric Vehicles & Clean Energy
- E-commerce & Consumer Brands
These sectors align closely with India’s long-term economic growth.
How Investors Should Approach IPOs in 2026
Before applying to any IPO, investors should focus on:
- Company fundamentals
- Valuation compared to peers
- Revenue and profit trends
- Debt and cash flow position
- Long-term business sustainability
Avoid investing purely based on hype or grey market premiums.
Risks Involved in IPO Investing
- Overvaluation
- Market volatility after listing
- Limited historical data
- Sector-specific risks
A diversified investment strategy helps manage these risks.
Final Thoughts
The upcoming IPOs in India in 2026 offer a mix of established giants and new-age companies. While opportunities look promising, disciplined research and realistic expectations are essential. Long-term investors should focus on business quality rather than short-term listing gains.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should consult a certified financial advisor before making investment decisions.
