Latest IPO News in India 2026: Complete Investor Guide Today
The Indian IPO market is going through a big change in 2026. After two record years, things have cooled down. Companies are raising less money. Investors are becoming more careful. But there are still many exciting IPOs happening right now. This guide gives you the latest IPO news in India 2026 today.
It covers ongoing issues like Shiprocket, recent listings like LEAP India, and upcoming mega IPOs like NSE and Jio Platforms. You will also learn about market trends, fundraising numbers, and grey market premiums. Whether you are an investor or just curious, this guide gives you all the latest IPO news in India 2026 in simple words.
Latest IPO News in India 2026 Today
LEAP India Lists at 4% Premium
LEAP India made its stock market debut on August 14, 2026. The KKR-backed company listed at 165.90 on NSE, which is a 4.34% premium over the issue price of 159 . This was lower than the grey market premium of 8-10% that experts had expected .
IPO details:
- Issue size: 2,480 crore
- Fresh issue: 480 crore
- Offer for sale: 2,000 crore
- Subscription: 6.71 times overall
- QIB portion: 12.83 times
- NII portion: 11.39 times
- Retail portion: 1.20 times
Anand Rathi Research recommended a "Subscribe – Long Term" rating, noting the company is well-positioned to benefit from supply chain formalisation .
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Shiprocket IPO - Day 2 Status
Shiprocket IPO is currently open. The logistics platform's issue entered its second day on August 13, with the overall subscription reaching 97% .
Key details:
- Price band: 92 to 97 per share
- Fresh issue: 885.60 crore
- OFS: 731.98 crore
- Grey market premium: 34 apiece, implying 35% listing premium
Retail investors drove demand with 3.34 times subscription. SBICAP Securities has recommended subscribing at the cut-off price .
Zetwerk Files Updated DRHP
Zetwerk, the contract manufacturing startup, has filed updated DRHP for its IPO. The company plans to raise around 2,600 crore through a fresh issue, along with an OFS of 96,837,455 shares .
Use of proceeds:
- 1,250 crore - debt repayment at company level
- 550 crore - debt repayment at subsidiaries
- Remaining - acquisitions and general corporate purposes
The company received SEBI approval on July 9, 2026 .
Horizon Industrial Parks IPO Opens August 17
Blackstone-backed Horizon Industrial Parks is launching a 2,600 crore IPO on August 17, 2026 .
Key details:
- Price band: 57-60 per share
- Completely fresh issue
- 2,250 crore will go towards debt repayment
Horizon is India's first warehousing-focused IPO. It has a portfolio of 61 million sq. ft across 10 cities. The company plans to expand to tier 2 cities like Lucknow, Vizag, and Indore .
Upcoming IPO in 2026 in India: Mega Listings
There are several big names planning IPOs. Here is the upcoming IPO 2026 list of the most anticipated issues.
1. National Stock Exchange (NSE) IPO - India's Biggest Ever
NSE has filed draft papers to raise around 30,000 crore through a complete OFS of 14.89 crore shares . This will be India's biggest IPO ever, surpassing Hyundai Motor India's 27,859-crore IPO in 2024 . The timeline is expected around September-October 2026 .
2. Jio Platforms IPO - Largest by Value
Jio Platforms is planning to raise about $4 billion (37,700 crore). This will be India's largest public issue if completed at planned size . The company is seeking a valuation of around $137 billion. DRHP was filed in July. Expected launch in September-October 2026 .
3. Zepto IPO - Quick Commerce Giant
Zepto has filed updated DRHP. The company is planning a fresh issue of 8,010 crore along with OFS . The total issue size could be between 9,000-10,000 crore . However, Zepto has opted for a pre-IPO placement first, suggesting the timeline may shift .
4. SBI Mutual Fund IPO
India's largest fund house has secured SEBI approval. The issue will be a complete OFS of 20.37 crore shares. Expected to launch soon .
5. OYO Parent PRISM IPO
OYO's parent company received SEBI approval in June 2026. The company is likely to raise up to 6,650 crore through a fresh issue .
Other Upcoming IPOs
| Company | Expected Size | Status |
|---|---|---|
| Manipal Health Enterprises | ~$960 million | Filed DRHP |
| Truhome Finance | 3,000 crore | Filed DRHP |
| Shiprocket | 2,342 crore | Currently open |
| Elevate Campuses | 2,550 crore | Filed DRHP |
| Milky Mist Dairy Food | 1,553 crore | Preparing |
| Juniper Green Energy | 1,800 crore | Reduced size |
Latest IPO News in India 2026: Market Trends
Record Fundraising in FY26
India's IPO market raised a record 1.9 trillion in FY26. Mainboard IPOs alone raised about 1.77 trillion .
Key numbers:
- 366 total IPOs (mainboard + SME)
- 109 mainboard IPOs (up from 80 in FY25)
- Average oversubscription: 39 times (down from 71 times)
- Average listing-day gains: 7% (down from 29%)
Investors Becoming More Selective
The market has shifted from momentum-driven investing to selectivity. Investors are now looking closely at:
- Valuations
- Earnings visibility
- Governance
- Cash flows
- Business quality
Bigger does not guarantee better:
- Small IPOs (< 5 billion): average listing gain 2%
- Medium & large IPOs: average listing gain ~11%
Why Companies Are Cutting IPO Sizes?
India's IPO boom is cooling. Fundraising is down 21% compared to last year. Companies are raising $5.78 billion so far in 2026, compared to $7.32 billion last year .
Companies are reducing issue sizes to get deals done :
- Manipal Health: Cut from >$1 billion to $960 million
- Indo-MIM: Cut from $700 million to $396 million (still subscribed 72 times)
- Juniper Green Energy: Cut from 314 million to $188 million
- Zepto: Opted for pre-IPO placement instead of immediate IPO
- PhonePe: Deferred listing plans
Investment bankers say investors have become selective due to weaker risk appetite and mixed post-listing performance .
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Sector Performance in FY26
| Sector | Funds Raised | Performance |
|---|---|---|
| Financial Services | 598 billion | Strong |
| Consumer Services | 259 billion | Strong |
| Consumer Durables | 169 billion | Strong |
| Power | - | Weak |
| Telecom | - | Weak |
| Textiles | - | Weak |
Latest IPO News in India 2026 Price - Grey Market Trends
Grey market premiums give an idea of expected listing gains:
| IPO | Price Band | GMP | Expected Listing Gain |
|---|---|---|---|
| Shiprocket | 92-97 | 34 | ~35% |
| LEAP India | 159 | 13.5 | 4-8% (listed at 4%) |
Note: GMP is not a guarantee. LEAP India's GMP suggested 8-10% listing gain, but actual listing was 4% .
Quick Summary: Latest IPO News in India 2026
| Category | Key Points |
|---|---|
| Current IPOs | Shiprocket open (97% subscription), LEAP India listed at 4% premium |
| Upcoming Mega IPOs | NSE (30,000 cr), Jio Platforms (37,700 cr), SBI MF |
| Market Trend | Fundraising down 21%, investors more selective |
| FY26 Total | 1.9 trillion raised across 366 IPOs |
| Listing Gains | Average 7% in FY26 vs 29% in FY25 |
FAQs
1. What are the biggest upcoming IPOs in India 2026?
NSE (30,000 crore), Jio Platforms (37,700 crore), Zepto (8,000+ crore), SBI Mutual Fund, and OYO parent PRISM are the biggest upcoming IPOs .
2. Which IPOs are currently open in August 2026?
Shiprocket IPO is open and closes on August 14. Horizon Industrial Parks IPO opens on August 17, 2026 .
3. Why are companies cutting IPO sizes in 2026?
Companies are raising less money because investors are becoming selective. Domestic institutions are driving tougher pricing negotiations. Many companies are prioritizing successful execution over maximizing fundraising .
4. How did LEAP India list today?
LEAP India listed at 165.90 on NSE, a 4.34% premium over the issue price. The grey market had expected 8-10% listing gain .
5. Is the IPO market slowing down in India?
Yes. Fundraising is down 21% compared to last year. Companies have raised $5.78 billion so far in 2026 versus $7.32 billion last year. But record fundraising of 1.9 trillion in FY26 shows the market is still active .