Upcoming IPO 2026: Complete Calendar, List, and Market Analysis
The 2026 primary market is shaping up to be a historic year for investors. Following a record-breaking 2025, the IPO 2026 pipeline is expected to exceed ₹2.5 lakh crore in total fundraising. From tech giants like Reliance Jio and Flipkart to massive SME growth, this is your one-stop guide to every Initial Public Offering hitting the market this year.
IPO Calendar (Live & Upcoming)
The year has started with a flurry of activity in both the Mainboard and SME segments.
| Company Name | Segment | Issue Date
(Tentative) |
Price Band (₹)
(Tentative) |
Listing Date
(Tentative) |
| CKK Retail Mart IPO | SME | Jan 30 – Feb 03 | ₹155 – 163 | Jan 06, 2026 |
| Kanishk Aluminium Ltd IPO | SME | Jan 28 – Jan 30 | ₹73 | Feb 04, 2026 |
| Accretion Nutraveda Ltd IPO | SME | Jan 28 – Jan 30 | ₹122 – ₹129 | Feb 04, 2026 |
| Msafe Equipments Ltd Quick IPO | SME | Jan 28 – Jan 30 | ₹116 – ₹123 | Feb 04, 2026 |
| Armour Security India Ltd IPO | SME | Jan 14 – Jan 19 | ₹55 – ₹57 | Jan 22, 2026 |
| GRE Renew Enertech Ltd IPO | SME | Jan 13 – Jan 16 | ₹100 – ₹105 | Jan 21, 2026 |
| Narmadesh Brass Industries Ltd IPO | SME | Jan 12 – Jan 15 | ₹515 | Jan 20, 2026 |
| Bharat Coking Coal (BCCL) | Mainboard | Jan 09 – Jan 13 | ₹21 – ₹23 | Jan 16, 2026 |
| Defrail Technologies | SME | Jan 09 – Jan 13 | ₹70 – ₹74 | Jan 16, 2026 |
| Avana Electrosystems | SME | Jan 12 – Jan 14 | ₹56 – ₹59 | Jan 19, 2026 |
| Narmadesh Brass Ind | SME | Jan 12 – Jan 14 | ₹515 | Jan 19, 2026 |
| GRE Renew Enertech Ltd IPO | SME | Jan 13 – Jan 16 | ₹100 – ₹105 | Jan 21, 2026 |
| Amagi Media Labs IPO | Mainboard | Jan 13 – Jan 15 | ₹343–₹361 | Jan 21, 2026 |
Top 5 Most Anticipated IPOs of 2026
These “mega-IPOs” are expected to dominate the headlines and absorb significant market liquidity.
1. Reliance Jio (Digital/Telecom)
- Estimated Valuation: ₹9.3 – ₹12 lakh crore ($130–$170 Billion)
- Status: Draft prospectus under preparation; expected H1 2026.
- Why it matters: It will likely be India’s largest-ever IPO, marking a landmark moment for the digital economy.
2. Flipkart (E-commerce)
- Estimated Valuation: $60 – $70 Billion
- Status: Recently shifted domicile to India; targeting mid-to-late 2026.
- Why it matters: Backed by Walmart, this listing will test investor appetite for large-scale consumer tech.
3. Zepto (Quick Commerce)
- Issue Size: ₹11,000 crore
- Status: Confidential filing completed in Dec 2025; listing expected by Q3 2026.
- Why it matters: As competition with Blinkit and Swiggy Instamart intensifies, Zepto’s IPO is a crucial capital-raising event.
4. National Stock Exchange (NSE)
- Estimated Valuation: ₹4.75 lakh crore
- Status: Awaiting final SEBI clearance.
- Why it matters: One of the most long-awaited listings in Indian financial history.
5. PhonePe (Fintech)
- Issue Size: $1.2 – $1.5 Billion
- Status: Confidential DRHP filed.
- Why it matters: A key indicator for the health of the Indian fintech ecosystem.
IPO Market Trends to Watch in 2026
The shift in investor sentiment in 2026 is moving away from “growth at all costs” toward sustainable profitability.
- Profitability is King: Investors are increasingly favoring “New-Age Technology Companies” (NATCs) that show a clear path to cash flow.
- SME Segment Surge: The SME platform continues to provide massive listing gains (some upwards of 90%), but with higher volatility.
- Regulatory Scrutiny: SEBI has tightened norms around “Offer for Sale” (OFS) components, ensuring more capital stays within the company for growth rather than just providing exits for early investors.
How to Apply for an IPO in 2026
- Open a Demat Account: Ensure your KYC is updated with a broker like Zerodha, Groww, or ICICI Direct.
- Check the Calendar: Use our IPO 2026 List above to track opening and closing dates.
- Place Your Bid: Most retail investors should bid at the “Cut-off Price” to maximize allotment chances.
- UPI Mandate: Approve the payment request on your UPI app to block the funds.
Frequently Asked Questions (FAQs)
- Q: Which is the biggest upcoming IPO in 2026?
A: Reliance Jio is expected to be the biggest, with a valuation potentially reaching ₹12 lakh crore.
- Q: Where can I find the latest SME IPO list?
A: You can track live SME listings on the NSE Emerge and BSE SME platforms, or right here in our updated weekly calendar.
- Q: Is 2026 a good year to invest in IPOs?
A: While the pipeline is strong, analysts suggest being selective. Focus on companies with strong earnings visibility and reasonable valuations.
Disclaimer: Investment in the securities market is subject to market risks. Read all related documents carefully before investing. The Grey Market Premium (GMP) is an unofficial, speculative indicator and does not guarantee the actual listing price or future performance. Past performance is not indicative of future results. Please consult a SEBI-registered financial advisor before making any investment decisions.
