India’s IPO pipeline for 2026 is stacked with large, well-known companies and high-growth startups across telecom, fintech, stock markets, consumer tech, and financial services. Below is a curated list of the most anticipated IPOs of 2026, each with a short company brief. Let’s check out the top upcoming IPO of 2026.
1. Reliance Jio Platforms Ltd
Sector: Telecom & Digital Services
Why it matters: Reliance Jio is India’s largest telecom operator and a major digital ecosystem player.
Reliance Jio Platforms houses telecom, broadband, digital apps, cloud services, and enterprise solutions under one umbrella. The IPO is expected to be one of the largest in Indian market history, potentially unlocking massive value for investors and deepening India’s digital infrastructure footprint.
2. Upcoming IPO of 2026: National Stock Exchange (NSE)
Sector: Financial Markets & Exchanges
Why it matters: India’s largest stock exchange by trading volume.
The NSE IPO has been awaited for years and is expected to finally materialize in 2026. Known for its dominance in equity derivatives and technology-driven trading systems, NSE represents a stable, cash-generating financial infrastructure asset with strong long-term relevance.
Also Read: Sensex at 1 Lakh: Is It a Realistic Milestone or Just a Dream?
3. PhonePe
Sector: Fintech & Digital Payments
Why it matters: One of India’s biggest UPI and fintech platforms.
PhonePe has evolved beyond payments into insurance, wealth management, and credit services. Backed by Walmart, the company has a massive user base and strong brand recall. Its IPO could be a landmark listing for India’s fintech sector.
Also Read: Why You Shouldn’t Subscribe to Every IPO with a “Buy” Rating
4. Flipkart
Sector: E-commerce & Consumer Internet
Why it matters: A pioneer of Indian e-commerce.
Flipkart is one of India’s most established online retail platforms, competing directly with Amazon. With diversified businesses including logistics, fashion, and payments, its IPO is expected to draw strong institutional and retail interest globally.
5. SBI Mutual Fund (SBI Funds Management)
Sector: Asset Management
Why it matters: India’s largest mutual fund house by assets under management.
SBI Mutual Fund benefits from the trust and reach of State Bank of India. The IPO would give investors exposure to India’s growing mutual fund penetration and long-term wealth management story.
6. OYO
Sector: Hospitality & Travel Tech
Why it matters: A globally recognized Indian startup brand.
OYO operates a large network of hotels and accommodations across India and international markets. After restructuring and improving profitability metrics, the company is expected to revisit public markets with a stronger business model.
7. Hero Fincorp
Sector: NBFC & Consumer Finance
Why it matters: Backed by the Hero Group with deep retail reach.
Hero Fincorp provides loans across personal finance, MSMEs, and two-wheeler financing. Its IPO could attract investors looking for exposure to India’s expanding credit and consumption ecosystem.
8. Navi Technologies
Sector: Fintech & Digital Lending
Why it matters: Fast-growing digital-first financial services company.
Founded by Sachin Bansal, Navi operates in personal loans, health insurance, and mutual funds. The IPO is expected to showcase India’s new-age digital finance model with tech-led efficiency.
9. Zepto
Sector: Quick Commerce & Consumer Tech
Why it matters: One of India’s fastest-growing instant delivery startups.
Zepto has disrupted urban grocery delivery with its quick-commerce model. With rising consumer demand for convenience, its IPO could be a key moment for India’s consumer internet and logistics sector.
10. boAt (Imagine Marketing)
Sector: Consumer Electronics & Lifestyle
Why it matters: A dominant Indian D2C audio brand.
boAt is known for affordable audio products and strong youth branding. With a solid offline and online presence, its IPO may attract investors looking at India’s growing lifestyle and electronics consumption market.
11. Amagi Media Labs
Sector: SaaS & AdTech
Why it matters: One of India’s leading profitable SaaS companies.
Amagi provides cloud-managed ad solutions for connected TV and OTT platforms globally. Its IPO is expected to strengthen India’s position in the global SaaS and enterprise tech ecosystem.
12. Bharat Coking Coal Ltd (BCCL)
Sector: Mining & Energy
Why it matters: A key supplier to India’s steel industry.
BCCL is a Coal India subsidiary and plays a critical role in metallurgical coal production. The IPO offers exposure to core industrial and infrastructure demand, especially steel and manufacturing.
Final Word
The upcoming IPOs of 2026 in India span traditional giants, digital disruptors, fintech leaders, and consumer brands—making it one of the most diverse IPO years ever. From Reliance Jio and NSE to PhonePe, Flipkart, and Zepto, these listings could reshape the Indian stock market landsca
