Over the years, IPOs in India have become a popular investment avenue, attracting retail investors, high-net-worth individuals (HNIs), and institutional participants alike and Tracking IPO dates, price bands, and Grey Market Premium (GMP) is important because these factors help investors plan their applications, assess potential listing gains, and compare valuation expectations before investing. While the price band indicates the range at which shares are offered, GMP reflects unofficial market sentiment ahead of listing, giving investors an additional reference point though not a guarantee of returns.
IPOs can be suitable for retail investors looking for short-term listing gains, HNIs aiming for leveraged or high-allotment strategies, and long-term investors who want to invest early in fundamentally strong businesses. However, every IPO carries risks, and investors should evaluate company fundamentals, valuation, and market conditions before applying. In this blog, we have covered all the IPOs coming in 2026.
An Initial Public Offering (IPO) is the process through which a privately held company offers its shares to the public for the first time and gets listed on stock exchanges such as NSE and BSE. By launching an IPO, a company allows investors to buy ownership in the business and trade its shares in the open market.
Companies typically launch IPOs to:
| Company Name | Opening Date | Closing Date | Listing Date | Issue Price / Price Band (₹) | Issue Size (₹ Cr) | Exchange | Lead Manager |
|---|---|---|---|---|---|---|---|
| Biopol Chemicals Ltd. IPO | Feb 06 | Feb 10 | Feb 13, | 102 – 108 | 31.26 | NSE SME | Smart Horizon Capital |
| NFP Sampoorna Foods Ltd. IPO | Feb 04 | Fri, Feb 06 | Tue, Feb 03 | 52 – 55 | 24.53 | NSE SME | 3Dimension Capital |
| CKK Retail Mart Ltd. IPO | Jan 30 | Tue, Feb 03 | Wed, Feb 04 | 155 – 163 | 88.02 | NSE SME | Oneview Corporate |
| Accretion Nutraveda Ltd. IPO | Jan 28 | Fri, Jan 30 | Fri, Feb 06 | 122 – 129 | 24.77 | BSE SME | Sobhagya Capital |
| Msafe Equipments Ltd. IPO | Jan 28 | Fri, Jan 30 | Wed, Feb 04 | 116 – 123 | 66.42 | BSE SME | Seren Capital |
| Kanishk Aluminium India Ltd. IPO | Jan 28 | Fri, Jan 30 | Wed, Feb 04 | 73 | 29.20 | BSE SME | Sun Capital |
| Kasturi Metal Composite Ltd. IPO | Tue, Jan 27 | Thu, Jan 29 | Tue, Feb 03 | 61 – 64 | 17.61 | BSE SME | Hem Securities |
| Shayona Engineering Ltd. IPO | Thu, Jan 22 | Tue, Jan 27 | Fri, Jan 30 | 140 – 144 | 14.86 | BSE SME | Horizon Management |
| Hannah Joseph Hospital Ltd. IPO | Thu, Jan 22 | Tue, Jan 27 | Fri, Jan 30 | 67 – 70 | 42.00 | BSE SME | Capital Square |
| KRM Ayurveda Ltd. IPO | Wed, Jan 21 | Fri, Jan 23 | Thu, Jan 29 | 135 | 77.49 | NSE SME | NEXGEN Financial Solutions |
| Shadowfax Technologies Ltd. IPO | Tue, Jan 20 | Thu, Jan 22 | Wed, Jan 28 | 124 | 1,907.27 | NSE, BSE | ICICI Securities |
| Digilogic Systems Ltd. IPO | Tue, Jan 20 | Thu, Jan 22 | Wed, Jan 28 | 98 – 104 | 81.01 | BSE SME | Indorient Financial |
| Aritas Vinyl Ltd. IPO | Fri, Jan 16 | Tue, Jan 20 | Fri, Jan 23 | 47 | 37.52 | BSE SME | Interactive Financial |
| Armour Security India Ltd. IPO | Wed, Jan 14 | Mon, Jan 19 | Thu, Jan 22 | 57 | 26.51 | NSE SME | Sobhagya Capital |
| Amagi Media Labs Ltd. IPO | Tue, Jan 13 | Fri, Jan 16 | Wed, Jan 21 | 361 | 1,788.62 | NSE, BSE | Kotak Mahindra Capital |
| GRE Renew Enertech Ltd. IPO | Tue, Jan 13 | Fri, Jan 16 | Wed, Jan 21 | 105 | 39.56 | BSE SME | Share India Capital |
| INDO SMC Ltd. IPO | Tue, Jan 13 | Fri, Jan 16 | Wed, Jan 21 | 149 | 91.95 | BSE SME | GYR Capital |
| Narmadesh Brass Industries Ltd. IPO | Mon, Jan 12 | Fri, Jan 16 | Wed, Jan 21 | 515 | 44.87 | BSE SME | Aryaman Financial |
| Avana Electrosystems Ltd. IPO | Mon, Jan 12 | Wed, Jan 14 | Tue, Jan 20 | 59 | 35.22 | NSE SME | Indcap |
| Bharat Coking Coal Ltd. IPO | Fri, Jan 09 | Tue, Jan 13 | Mon, Jan 19 | 23 | 1,068.78 | NSE, BSE | IDBI Capital Markets |
| Defrail Technologies Ltd. IPO | Fri, Jan 09 | Tue, Jan 13 | Mon, Jan 19 | 74 | 13.77 | BSE SME | NEXGEN Financial Solutions |
| Yajur Fibres Ltd. IPO | Wed, Jan 07 | Fri, Jan 09 | Wed, Jan 14 | 174 | 120.41 | BSE SME | Horizon Management |
| Victory Electric Vehicles Intl. Ltd. IPO | Jan 07 | Jan 09 | Jan 14 | 41 | 34.56 | NSE SME | Corpwis |
| Gabion Technologies India Ltd. IPO | Jan 06 | Jan 08 | Jan 13 | 81 | 29.16 | BSE SME | GYR Capital |
The IPO price band is the price range within which investors can bid for shares during an IPO. It consists of a lower price (floor price) and an upper price (cap price), decided by the company in consultation with its bankers. Investors must place their bids within this range.
Most retail investors prefer the cut-off option to avoid missing allotment due to pricing.
IPO GMP (Grey Market Premium) is the extra price at which an IPO share is traded unofficially in the grey market before listing. It reflects market sentiment about the IPO but is not an official or guaranteed indicator of listing performance.
GMP is calculated as the difference between:
Formula:
GMP = Grey Market Price − IPO Issue Price
IPO Issue Price: ₹100
Grey Market Premium (GMP): ₹25
Estimated Listing Price: ₹125 (₹100 + ₹25)
Actual listing price may be higher or lower than the GMP-based estimate.
IPO GMP is unofficial, unregulated, and speculative. While it indicates short-term demand, it can change quickly and should not be the sole basis for investment decisions. Investors are advised to evaluate company fundamentals, valuation, and market conditions before applying.
Applying for an IPO in India is a simple process if you have a Demat account, trading account, and a linked bank account. Retail investors can apply through UPI, net banking, or broker platforms.
ASBA (Application Supported by Blocked Amount) is a process where the IPO amount is blocked in your bank account instead of being deducted. The money is debited only if shares are allotted; otherwise, it is released.
Once an IPO closes, the allotment and listing process begins. This determines who receives shares and when the stock starts trading on the exchange.
IPO allotment is done based on the subscription levels:
Allotment is conducted as per SEBI guidelines.
IPO allotment is usually finalized 3–4 working days after the issue closes.
After allotment:
You can check IPO allotment status through:
You’ll need your PAN, application number, or Demat details.
On the listing day:
Evaluating an IPO requires more than tracking listing hype. Investors should assess financial health, business quality, and valuation before applying.
Check the company’s revenue growth, profit margins, cash flow, and debt levels over the last few years. Consistent earnings and manageable debt indicate financial strength, while persistent losses may increase risk.
Understand the growth potential, demand trends, and competitive intensity of the industry. Companies operating in expanding sectors with long-term visibility generally offer better prospects than those in cyclical industries.
Review the experience, credibility, and track record of promoters and senior management. Strong governance and transparent disclosures are important indicators of long-term sustainability.
Compare the IPO valuation with listed peers using ratios such as P/E (Price-to-Earnings) or P/B (Price-to-Book). An IPO priced aggressively without clear growth justification may offer limited upside after listing.
GMP reflects short-term market sentiment, not business value. While it may indicate listing demand, long-term performance depends on fundamentals, earnings growth, and valuation discipline.
IPO investing can be approached with different goals. Beginners should choose a strategy based on risk appetite, time horizon, and capital availability.
This strategy focuses on earning returns from price movement on the listing day or shortly after.
This approach carries higher risk and is sensitive to market conditions.
This strategy aims to benefit from the company’s business growth over several years.
While IPOs can offer attractive opportunities, they also involve significant risks. Investors should be aware of these factors before applying.
Some IPOs may be priced aggressively compared to their earnings or industry peers. Overvaluation can limit upside potential and may lead to poor post-listing performance.
Not all IPOs list at a premium. Weak demand, negative market sentiment, or unrealistic pricing can result in listing below the issue price, leading to immediate losses.
SME IPOs often have lower trading volumes after listing. This can make it difficult to buy or sell shares at desired prices and may increase price volatility.
Broader market conditions play a major role in IPO performance. Sudden market corrections or global events can impact listing prices, even for fundamentally strong companies.
The minimum investment in an IPO depends on the issue price and lot size. For most retail IPOs, the minimum amount usually ranges between ₹10,000 and ₹15,000, though it can be higher or lower based on the IPO.
Yes, you can apply for multiple IPOs simultaneously, provided you have sufficient funds and complete each application separately through your Demat account.
IPO GMP (Grey Market Premium) is unofficial and unregulated. While tracking GMP is not illegal, trading in the grey market is not regulated by SEBI and involves higher risk.
IPO allotment is usually finalized 3–4 working days after the issue closes. Investors are informed through email, SMS, or broker notifications.
If you do not receive IPO allotment, the blocked amount is released to your bank account automatically, usually within a few working days.
I’m a contributor at Finanjo, where I write about personal finance, banking, and everyday money topics in a clear and practical way. I simplify complex finance jargon into easy explanations and real-life insights, covering everything from bank accounts and deposits to government schemes and smart money decisions so readers can understand finance without the confusion.
Over the years, IPOs in India have become a popular investment avenue, attracting retail investors, high-net-worth individuals (HNIs), and institutional participants alike and Tracking IPO dates, price bands, and Grey Market Premium (GMP) is important because these factors help investors plan their applications, assess potential listing gains, and compare valuation expectations before investing. While the price band indicates the range at which shares are offered, GMP reflects unofficial market sentiment ahead of listing, giving investors an additional reference point though not a guarantee of returns.
IPOs can be suitable for retail investors looking for short-term listing gains, HNIs aiming for leveraged or high-allotment strategies, and long-term investors who want to invest early in fundamentally strong businesses. However, every IPO carries risks, and investors should evaluate company fundamentals, valuation, and market conditions before applying. In this blog, we have covered all the IPOs coming in 2026.
An Initial Public Offering (IPO) is the process through which a privately held company offers its shares to the public for the first time and gets listed on stock exchanges such as NSE and BSE. By launching an IPO, a company allows investors to buy ownership in the business and trade its shares in the open market.
Companies typically launch IPOs to:
| Company Name | Opening Date | Closing Date | Listing Date | Issue Price / Price Band (₹) | Issue Size (₹ Cr) | Exchange | Lead Manager |
|---|---|---|---|---|---|---|---|
| Biopol Chemicals Ltd. IPO | Feb 06 | Feb 10 | Feb 13, | 102 – 108 | 31.26 | NSE SME | Smart Horizon Capital |
| NFP Sampoorna Foods Ltd. IPO | Feb 04 | Fri, Feb 06 | Tue, Feb 03 | 52 – 55 | 24.53 | NSE SME | 3Dimension Capital |
| CKK Retail Mart Ltd. IPO | Jan 30 | Tue, Feb 03 | Wed, Feb 04 | 155 – 163 | 88.02 | NSE SME | Oneview Corporate |
| Accretion Nutraveda Ltd. IPO | Jan 28 | Fri, Jan 30 | Fri, Feb 06 | 122 – 129 | 24.77 | BSE SME | Sobhagya Capital |
| Msafe Equipments Ltd. IPO | Jan 28 | Fri, Jan 30 | Wed, Feb 04 | 116 – 123 | 66.42 | BSE SME | Seren Capital |
| Kanishk Aluminium India Ltd. IPO | Jan 28 | Fri, Jan 30 | Wed, Feb 04 | 73 | 29.20 | BSE SME | Sun Capital |
| Kasturi Metal Composite Ltd. IPO | Tue, Jan 27 | Thu, Jan 29 | Tue, Feb 03 | 61 – 64 | 17.61 | BSE SME | Hem Securities |
| Shayona Engineering Ltd. IPO | Thu, Jan 22 | Tue, Jan 27 | Fri, Jan 30 | 140 – 144 | 14.86 | BSE SME | Horizon Management |
| Hannah Joseph Hospital Ltd. IPO | Thu, Jan 22 | Tue, Jan 27 | Fri, Jan 30 | 67 – 70 | 42.00 | BSE SME | Capital Square |
| KRM Ayurveda Ltd. IPO | Wed, Jan 21 | Fri, Jan 23 | Thu, Jan 29 | 135 | 77.49 | NSE SME | NEXGEN Financial Solutions |
| Shadowfax Technologies Ltd. IPO | Tue, Jan 20 | Thu, Jan 22 | Wed, Jan 28 | 124 | 1,907.27 | NSE, BSE | ICICI Securities |
| Digilogic Systems Ltd. IPO | Tue, Jan 20 | Thu, Jan 22 | Wed, Jan 28 | 98 – 104 | 81.01 | BSE SME | Indorient Financial |
| Aritas Vinyl Ltd. IPO | Fri, Jan 16 | Tue, Jan 20 | Fri, Jan 23 | 47 | 37.52 | BSE SME | Interactive Financial |
| Armour Security India Ltd. IPO | Wed, Jan 14 | Mon, Jan 19 | Thu, Jan 22 | 57 | 26.51 | NSE SME | Sobhagya Capital |
| Amagi Media Labs Ltd. IPO | Tue, Jan 13 | Fri, Jan 16 | Wed, Jan 21 | 361 | 1,788.62 | NSE, BSE | Kotak Mahindra Capital |
| GRE Renew Enertech Ltd. IPO | Tue, Jan 13 | Fri, Jan 16 | Wed, Jan 21 | 105 | 39.56 | BSE SME | Share India Capital |
| INDO SMC Ltd. IPO | Tue, Jan 13 | Fri, Jan 16 | Wed, Jan 21 | 149 | 91.95 | BSE SME | GYR Capital |
| Narmadesh Brass Industries Ltd. IPO | Mon, Jan 12 | Fri, Jan 16 | Wed, Jan 21 | 515 | 44.87 | BSE SME | Aryaman Financial |
| Avana Electrosystems Ltd. IPO | Mon, Jan 12 | Wed, Jan 14 | Tue, Jan 20 | 59 | 35.22 | NSE SME | Indcap |
| Bharat Coking Coal Ltd. IPO | Fri, Jan 09 | Tue, Jan 13 | Mon, Jan 19 | 23 | 1,068.78 | NSE, BSE | IDBI Capital Markets |
| Defrail Technologies Ltd. IPO | Fri, Jan 09 | Tue, Jan 13 | Mon, Jan 19 | 74 | 13.77 | BSE SME | NEXGEN Financial Solutions |
| Yajur Fibres Ltd. IPO | Wed, Jan 07 | Fri, Jan 09 | Wed, Jan 14 | 174 | 120.41 | BSE SME | Horizon Management |
| Victory Electric Vehicles Intl. Ltd. IPO | Jan 07 | Jan 09 | Jan 14 | 41 | 34.56 | NSE SME | Corpwis |
| Gabion Technologies India Ltd. IPO | Jan 06 | Jan 08 | Jan 13 | 81 | 29.16 | BSE SME | GYR Capital |
The IPO price band is the price range within which investors can bid for shares during an IPO. It consists of a lower price (floor price) and an upper price (cap price), decided by the company in consultation with its bankers. Investors must place their bids within this range.
Most retail investors prefer the cut-off option to avoid missing allotment due to pricing.
IPO GMP (Grey Market Premium) is the extra price at which an IPO share is traded unofficially in the grey market before listing. It reflects market sentiment about the IPO but is not an official or guaranteed indicator of listing performance.
GMP is calculated as the difference between:
Formula:
GMP = Grey Market Price − IPO Issue Price
IPO Issue Price: ₹100
Grey Market Premium (GMP): ₹25
Estimated Listing Price: ₹125 (₹100 + ₹25)
Actual listing price may be higher or lower than the GMP-based estimate.
IPO GMP is unofficial, unregulated, and speculative. While it indicates short-term demand, it can change quickly and should not be the sole basis for investment decisions. Investors are advised to evaluate company fundamentals, valuation, and market conditions before applying.
Applying for an IPO in India is a simple process if you have a Demat account, trading account, and a linked bank account. Retail investors can apply through UPI, net banking, or broker platforms.
ASBA (Application Supported by Blocked Amount) is a process where the IPO amount is blocked in your bank account instead of being deducted. The money is debited only if shares are allotted; otherwise, it is released.
Once an IPO closes, the allotment and listing process begins. This determines who receives shares and when the stock starts trading on the exchange.
IPO allotment is done based on the subscription levels:
Allotment is conducted as per SEBI guidelines.
IPO allotment is usually finalized 3–4 working days after the issue closes.
After allotment:
You can check IPO allotment status through:
You’ll need your PAN, application number, or Demat details.
On the listing day:
Evaluating an IPO requires more than tracking listing hype. Investors should assess financial health, business quality, and valuation before applying.
Check the company’s revenue growth, profit margins, cash flow, and debt levels over the last few years. Consistent earnings and manageable debt indicate financial strength, while persistent losses may increase risk.
Understand the growth potential, demand trends, and competitive intensity of the industry. Companies operating in expanding sectors with long-term visibility generally offer better prospects than those in cyclical industries.
Review the experience, credibility, and track record of promoters and senior management. Strong governance and transparent disclosures are important indicators of long-term sustainability.
Compare the IPO valuation with listed peers using ratios such as P/E (Price-to-Earnings) or P/B (Price-to-Book). An IPO priced aggressively without clear growth justification may offer limited upside after listing.
GMP reflects short-term market sentiment, not business value. While it may indicate listing demand, long-term performance depends on fundamentals, earnings growth, and valuation discipline.
IPO investing can be approached with different goals. Beginners should choose a strategy based on risk appetite, time horizon, and capital availability.
This strategy focuses on earning returns from price movement on the listing day or shortly after.
This approach carries higher risk and is sensitive to market conditions.
This strategy aims to benefit from the company’s business growth over several years.
While IPOs can offer attractive opportunities, they also involve significant risks. Investors should be aware of these factors before applying.
Some IPOs may be priced aggressively compared to their earnings or industry peers. Overvaluation can limit upside potential and may lead to poor post-listing performance.
Not all IPOs list at a premium. Weak demand, negative market sentiment, or unrealistic pricing can result in listing below the issue price, leading to immediate losses.
SME IPOs often have lower trading volumes after listing. This can make it difficult to buy or sell shares at desired prices and may increase price volatility.
Broader market conditions play a major role in IPO performance. Sudden market corrections or global events can impact listing prices, even for fundamentally strong companies.
The minimum investment in an IPO depends on the issue price and lot size. For most retail IPOs, the minimum amount usually ranges between ₹10,000 and ₹15,000, though it can be higher or lower based on the IPO.
Yes, you can apply for multiple IPOs simultaneously, provided you have sufficient funds and complete each application separately through your Demat account.
IPO GMP (Grey Market Premium) is unofficial and unregulated. While tracking GMP is not illegal, trading in the grey market is not regulated by SEBI and involves higher risk.
IPO allotment is usually finalized 3–4 working days after the issue closes. Investors are informed through email, SMS, or broker notifications.
If you do not receive IPO allotment, the blocked amount is released to your bank account automatically, usually within a few working days.
I’m a contributor at Finanjo, where I write about personal finance, banking, and everyday money topics in a clear and practical way. I simplify complex finance jargon into easy explanations and real-life insights, covering everything from bank accounts and deposits to government schemes and smart money decisions so readers can understand finance without the confusion.
