IPO - Latest & Upcoming IPOs List 2026 | Check Live BSE NSE IPOs

Find upcoming, ongoing, and newly listed IPOs in India with expert insights, real-time data, and in-depth analysis. Whether you're a trader or investor, our IPO information helps you identify the best opportunities in the market.

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Current IPO

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OnEMI Technology IPO

OnEMI Technology IPO

MAINBOARDLive
Issue Price₹171
Issue Size₹926 Cr
Open Date30 Apr 2026
Close Date05 May 2026
Lot Size87 shares
Listing08 May 2026
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Upcoming IPO

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Leapfrog Engineering IPO

Leapfrog Engineering IPO

SMEUpcoming
Issue Price₹23
Issue Size₹89 Cr
Open DateTBA
Close DateTBA
Lot Size6000 shares
ListingTBA
Value 360 Communications IPO

Value 360 Communications IPO

SMEUpcoming
Issue Price₹98
Issue Size₹42 Cr
Open Date04 May 2026
Close Date06 May 2026
Lot Size1200 shares
Listing11 May 2026
FabIndia IPO

FabIndia IPO

mainboardUpcoming
Issue Price₹0
Issue Size—
Open DateTBA
Close DateTBA
Lot Size—
ListingTBA
BoAt IPO

BoAt IPO

mainboardUpcoming
Issue Price₹0
Issue Size—
Open DateTBA
Close DateTBA
Lot Size—
ListingTBA

New Listed IPO

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Mehul Telecom IPO

Mehul Telecom IPO

SMEListed
Issue Price₹98
Issue Size₹28 Cr
Open Date17 Apr 2026
Close Date21 Apr 2026
Lot Size1200 shares
Listing24 Apr 2026
Adisoft Technologies IPO

Adisoft Technologies IPO

SMEListed
Issue Price₹172
Issue Size₹74 Cr
Open Date23 Apr 2026
Close Date27 Apr 2026
Lot Size800 shares
Listing30 Apr 2026
Citius Transnet InvIT IPO

Citius Transnet InvIT IPO

MAINBOARDListed
Issue Price₹100
Issue Size₹1,105 Cr
Open Date17 Apr 2026
Close Date21 Apr 2026
Lot Size—
Listing24 Apr 2026
Propshare Celestia IPO

Propshare Celestia IPO

MAINBOARDListed
Issue Price₹1050000
Issue Size₹245 Cr
Open Date10 Apr 2026
Close Date16 Apr 2026
Lot Size—
Listing24 Apr 2026

Closed IPO

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Asston Pharmaceuticals IPO

Asston Pharmaceuticals IPO

SMEClosed
Issue Price₹123
Issue Size₹27.56 Cr
Open Date09 Jul 2025
Close Date11 Jul 2025
Lot Size1000 shares
Listing16 Jul 2025
Smartworks Coworking Spaces IPO

Smartworks Coworking Spaces IPO

MAINBOARDClosed
Issue Price₹407
Issue Size₹582.56 Cr
Open Date10 Jul 2025
Close Date14 Jul 2025
Lot Size36 shares
Listing17 Jul 2025
PropShare Titania IPO

PropShare Titania IPO

SMEClosed
Issue Price₹0
Issue Size₹473.00 Cr
Open Date21 Jul 2025
Close Date25 Jul 2025
Lot Size—
Listing04 Aug 2025
Repono IPO

Repono IPO

SMEClosed
Issue Price₹96
Issue Size₹26.68 Cr
Open Date28 Jul 2025
Close Date30 Jul 2025
Lot Size1200 shares
Listing04 Aug 2025

IPO or Initial Public Offering is the process by which a private company offers its shares to the public for the first time. This move allows companies to raise fresh capital, expand operations, and gain visibility, while investors get an opportunity to participate in the company’s growth.

However, not every IPO is a golden ticket. Understanding the meaning of IPO, its types, benefits, risks, and the IPO process is crucial before investing. Let’s explore everything you need to know about IPOs in the stock market.

What is IPO in Stock Market?

An Initial Public Offering (IPO) is the first time a private company offers its shares to the public. IPOs help businesses raise funds for expansion, growth, or debt repayment. Investors can participate in IPOs to buy shares early and potentially earn significant returns. Going public through an IPO also increases a company’s credibility, brand visibility, and market presence. The IPO process involves regulatory approvals, share pricing, and listing on a stock exchange, making it a key milestone for companies in the Indian stock market and global financial markets.

An IPO is a way for companies to raise money for their growth, pay off debts, or expand their business. Once the IPO is launched, the company’s shares start trading freely on stock exchanges like NSE and BSE. Before investing, you can read the IPO prospectus, it shares all the key details about the company, its financial performance, risks, and the purpose of raising funds.

Types of IPO

There are mainly two types of IPO issues:

1. Fixed Price Issue

A Fixed Price Issue is a type of IPO where the company sets a predetermined price at which its shares are offered to the public. Investors know the exact price before applying, making the investment process straightforward. Fixed Price Issues are simpler than book-building IPOs, as there’s no price discovery through bidding. 

  • The company, along with underwriters, sets a fixed issue price after analyzing assets, liabilities, and valuation.

  • Investors know the price before applying.

  • Demand is revealed only after the IPO closes.

2. Book Building Issue

A Book Building Issue is a method of IPO where the share price is determined through investor demand rather than being fixed. Companies set a price band, and investors bid within this range. The final share price is decided based on the demand collected during the bidding process. Book Building Issues help companies gauge market interest and ensure fair pricing for their shares. 

  • Instead of a fixed price, companies provide a price band with a floor price (minimum) and a cap price (maximum).

  • Investors place bids within this range.

  • The final price is decided based on demand.

  • This method is more transparent and aligns with market demand.

Fixed Price Issue IPOBook Building Issue IPO
The company sets a predetermined share price before the IPO opens.A price band is provided, and investors bid within the floor and cap range.
Investors know the exact price in advance, making the process simple and predictable.The final share price is decided based on market demand and bidding trends.
Demand for shares is revealed only after the IPO closes.Demand is visible during the bidding process, ensuring transparency.
Best suited for smaller companies or those with straightforward valuations.Commonly used by large companies aiming for market-driven valuations.
Pricing depends mainly on company valuation, assets, and liabilities, not investor bidding.Aligns share pricing with real-time investor interest, reducing underpricing or overpricing risks.

Main Board IPO

A Main Board IPO refers to the public offering of shares by a company that meets the eligibility criteria for listing on the main stock exchange, such as NSE or BSE in India. These companies are usually well-established with a strong financial track record. Main Board IPOs follow strict regulatory norms, including minimum net worth, profitability, and disclosure requirements. 

SME IPO

An SME IPO (Small and Medium Enterprise Initial Public Offering) is a process where small and medium-sized companies raise capital by offering their shares to the public on the SME platform of stock exchanges like BSE or NSE. These IPOs help growing companies access funds for expansion, innovation, and business development.

IPO GMP (Grey Market Premium)

IPO GMP (Grey Market Premium) refers to the unofficial price at which an IPO’s shares are traded in the grey market before they are listed on the stock exchange. GMP indicates the demand and market sentiment for an IPO—higher GMP usually signals strong investor interest. It is important to note that grey market trading is informal and unregulated, so it doesn’t guarantee listing gains.

How to Apply for IPO and Understanding GMP

You cannot apply for GMP (Grey Market Premium) directly, as it is an unofficial and unregulated market where IPO shares are traded before listing. GMP only indicates investor sentiment and potential listing gains. To legally invest in an IPO, you must apply through a demat account via stock exchanges or authorized brokers during the IPO subscription period. While GMP gives a reference of demand, the actual share allocation and returns depend on the official IPO process in the Indian stock market.

Advantages of Investing in IPO

Investing in an IPO can be rewarding if chosen wisely. Some key benefits include:

  • High Growth Potential – Early investors may benefit from price appreciation.

  • Increased Recognition – Public companies gain credibility and trust.

  • Access to New Opportunities – IPO investment allows portfolio diversification.

  • Liquidity – Shares can be traded in the open market after listing.

  • Independent Valuation – Market forces determine the company’s fair value.

Risks & Disadvantages of IPO

  • High Costs – IPOs involve underwriters, bankers, and regulatory expenses.

  • Uncertainty – Share prices may fall after listing if overvalued.

  • Market Pressure – Companies face pressure to maintain stock performance.

  • Reduced Control – Founders often lose majority control after going public.

IPO Process in India

The IPO process usually involves multiple steps. Here’s how it works:

  1. Appointment of Investment Bankers – Companies hire underwriters to manage the IPO.

  2. Draft Red Herring Prospectus (DRHP) – A detailed document filed with SEBI containing financials, objectives, risks, and price band.

  3. SEBI Approval – IPO proceeds only after regulatory clearance.

  4. Stock Exchange Application – The company decides whether to list on NSE, BSE, or both.

  5. Roadshows – Company presentations to attract institutional investors.

  6. IPO Pricing – Price set via fixed price or book building method.

  7. Public Subscription – Investors apply within 3–5 days.

  8. Allotment & Listing – Shares allotted to investors are credited to Demat accounts, and trading begins on stock exchanges.

Important IPO Terms You Should Know

Understanding some basic IPO terms is essential for investors:

  • Issuer – The company offering shares to the public.

  • Underwriter – Financial institutions that guarantee IPO success by buying unsold shares.

  • Price Band – The range within which investors can bid for shares.

  • DRHP (Draft Red Herring Prospectus) – Preliminary IPO document submitted to SEBI.

  • Oversubscription – When demand exceeds available shares.

  • Green Shoe Option – Extra shares allotted if demand is very high.

  • Flipping – Selling IPO shares immediately after listing for quick profit.

Eligibility to Apply for an IPO in India

Eligibility to Apply for an IPO in India: Individuals must be at least 18 years old, have a valid PAN card, and a demat account. Institutional investors like mutual funds, banks, and insurance companies can also participate. Non-Resident Indians (NRIs) can apply through designated channels. Meeting these criteria allows investors to subscribe to IPOs and potentially earn returns, making it easy to participate in the Indian stock market and invest in growing companies.

  • PAN Card issued by the Income Tax Department.

  • Demat Account to hold allotted shares.

  • Trading Account (required only for selling shares after listing).

Relevant Pages You’d Like to Check:

FAQs about Initial Public Offering (IPO)

A Fixed Price IPO has a predetermined share price known to investors before subscription, making it simple and transparent. In a Book Building IPO, investors bid within a price band, and the final price is determined based on demand. Book building allows better price discovery, while fixed price is easier for retail investors.

Retail investors should analyze the company’s financial health, growth prospects, industry trends, and past performance. Checking the prospectus, revenue growth, debt levels, and promoter credibility helps make informed decisions, rather than relying solely on hype or Grey Market Premium (GMP).

GMP indicates the unofficial premium at which shares are traded in the grey market before listing. A high GMP often signals strong demand and potential listing gains, but it is unregulated. Investors should treat GMP as a reference indicator and not a guarantee of profits.

Yes, NRIs can invest in Indian IPOs through designated bank accounts and their demat accounts. They must follow the FEMA regulations, apply via R-WAP or ASBA facility, and comply with KYC requirements. Allotments and refunds follow the same regulated process as domestic investors.

In oversubscribed IPOs, shares are allocated proportionally or by lottery among applicants. Retail investors may receive fewer shares than applied for. Refunds for unallotted shares are credited to the investor’s bank account, while allotted shares are credited to the demat account.

SME IPOs offer high growth potential and early access to emerging companies but carry higher risk due to smaller size and limited track record. Main Board IPOs are generally safer with established companies, offering more stability and lower volatility.