10 Upcoming IPOs in India
Are you planning to venture into the stock market? Or perhaps you’re considering various trading strategies? Whatever the case, an IPO can be an excellent tool for any trader to invest in, be it a beginner or an expert.
With the Indian economy on the rise, several businesses are launching their IPOs in the coming months. We’re here with a list of 10 upcoming IPOs in India for you to consider. In this article, you’ll also learn about IPO allotment and how to check IPO status.
What is an IPO?
IPO stands for Initial Public Offering. It is a process through which a private firm issues its shares to the general public for the first time. The new investors buy the shares and provide the company with capital to aid its growth.
An IPO can be a great way for the public to invest in and claim ownership in a company. The Indian economy is growing these days and thus startups are on the rise. Some day or the other, these businesses will need to raise funds. So we’ll be seeing many upcoming IPOs in 2022.
What are the benefits of an IPO for a company?
A new business receives funding from angel investors and banks to grow. An IPO is easy for the company to get financing without high interest and collateral.
An IPO also allows the company to get listed on stock exchanges. And it can also generate publicity, as seen in the cases of PAYTM and Burger King.
10 Upcoming IPOs in India and How to Apply for Them -
Please note: The IPO calendar is subject to change. Always refer to latest filings and regulatory updates before making investment decisions.
| # | Company | Industry | Issue Size* (₹ crore) | Expected Timeline | Notes |
|---|---|---|---|---|---|
| 1 | Lenskart Solutions | Retail/Eyewear | ~7,278 | Oct–Nov 2025 | Major listing in retail. |
| 2 | Groww Ltd | Fintech/Brokerage | ~6,632 | Nov 2025 | One of the largest fintech listings. |
| 3 | Pine Labs | Payments/Fintech | ~3,900 | Nov 2025 | Fintech payments-platform major. |
| 4 | PhysicsWallah | EdTech | ~3,800 | Nov 2025 | Noted upcoming IPO in education. |
| 5 | ICICI Prudential AMC | Asset-Management | – | Nov 2025 | Listing of fund-management major. |
| 6 | boAt (Imagine Marketing) | Consumer Electronics | – | 2025 | Popular electronics brand in IPO pipeline. |
| 7 | OYO Rooms | Hospitality | – | 2025-26 | Global hospitality platform. |
| 8 | PharmEasy | HealthTech/Pharmacy | – | 2025 | Online pharmacy platform planning listing. |
| 9 | Fabindia Limited | Retail/Apparel | – | 2025 | Established retail brand going public. |
| 10 | SBI Funds Management | Asset-Management | – | 2026 | IPO of mutual-fund arm of SBI. |
Upcoming IPOs in India for 2026, with estimated details. Please note these are tentative and subject to regulatory approval and market conditions.
| # | Company | Sector | Estimated Issue Size / Notes | Expected Timeline |
|---|---|---|---|---|
| 1 | Reliance Jio Infocomm | Telecom / Digital Services | Very large-scale listing; the company is valued at approximately $100 billion+ in some reports. (Financial Times) | 1H 2026 |
| 2 | Licious | Food & Quick-Commerce | Temasek-backed online meat and seafood retailer targeting IPO; estimated $2 billion valuation. (Reuters) | 2026 (12–18 months) |
| 3 | SBI Funds Management | Asset Management | Joint venture of SBI & Amundi; stake sale via IPO confirmed for 2026. (Reuters) | 2026 |
| 4 | Tata Capital Ltd. | Financial Services / NBFC | Large-ticket IPO mentioned in the national pipeline for 2025–26. (PL India) | Late 2025 / 2026 |
| 5 | Meesho | E-commerce / Social Commerce | Noted in upcoming IPO calendar for 2025–26; among India’s fastest-growing online retail platforms. (Trendlyne) | 2025–26 |
How to apply for an IPO?
Applying for an IPO is very simple in this digital age, but some prerequisites still exist.
- Choose a company
- Read the red herring prospectus on the SEBI website
- Check past profits, transparency in funding, debts, etc
- Open a Demat account and a trading account
- Linked a verified bank account with the necessary capital
- Select the lot size and bid
You can choose independent platforms like Zerodha and Sharekhan to apply for an IPO. Some banks also merge bank, Demat, and trading accounts.
What is IPO Allotment?
Every IPO has specific quotas for different investors. High-value investors are usually preferred over the general public. And sometimes, there can be an oversubscription. It happens when the number of shares in demand exceeds the number of shares the company has released.
In such cases, there is a random selection of applications. So either you get the allotment or your money back. In the case of an under-subscription, SEBI dismisses the IPO.
How to Check IPO Status?
The IPO allotment process isn’t over once your application gets through. Sometimes you receive fewer shares than you bid for. So it’s essential to double-check the IPO status.
You can check IPO status on the websites of the registrars. These are independent organisations affiliated with stock exchanges. The company appoints them to oversee the record of the issued shares.
You can also check IPO status on the websites of BSE and NSE.
Conclusion
So, now you know about some upcoming IPOs in India, IPO allotment, and how to check IPO status. Next, you’re probably thinking of applying for an IPO.
Be sure to review the company before taking that big step.
However, some people may not have much capital to invest. If you need help with finances, you can always take the help of a financial expert like Piramal Finance. They will suggest what’s best for you and help take care of your personal finance requirements if any.
Hopefully, you’ll make an informed decision. Happy trading!