Upcoming IPOs Set to Energize India's Market in H2 2026
India's Market Anticipates a Surge in IPO Activity
After a relatively quiet first half of 2026, India's primary market is gearing up for a robust resurgence. With an uptick in market sentiment and numerous prominent companies preparing to launch their public offerings, the latter half of the year is expected to witness a significant increase in IPO activities across various sectors, including telecom, financial services, startups, manufacturing, and consumer goods. Some of these upcoming offerings are anticipated to be among the largest in the nation's history, providing investors with opportunities to engage with rapidly growing enterprises poised to benefit from India's expanding economy.
Highlighted IPOs for H2 2026
Jio IPO: One of the most notable entrants is Jio Platforms, which has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed initial public offering valued at Rs 35,000 crore. If successful, this would mark the largest IPO in India to date, consisting solely of a fresh issue of up to 27 crore shares. The filing indicates that approximately Rs 27,500 crore of the proceeds will be allocated to debt reduction, while the remaining funds will support the enhancement of digital infrastructure, artificial intelligence capabilities, network development, and other technological initiatives.
NSE IPO: The National Stock Exchange (NSE) is also set to make headlines with its long-awaited listing. After enduring years of regulatory hurdles, the largest stock exchange in the country has finally submitted its DRHP to SEBI. The proposed Rs 25,000 crore offer-for-sale is expected to be one of the largest exchange listings globally, allowing current shareholders to partially divest while welcoming public investors.
SBI Mutual Fund: SBI Mutual Fund is aiming for a listing in early July, pending regulatory approvals. The anticipated Rs 10,000 crore public issue may see the State Bank of India and its joint venture partner Amundi reduce their stakes in India's leading asset management firm.
Aastha Spintex IPO: Textile manufacturer Aastha Spintex plans to launch its public offering on June 29, focusing on the yarn and textile sector to capitalize on the rising export demand for Indian textile products. Additionally, Knack Packaging from Ahmedabad is expected to initiate its IPO on July 1, specializing in rigid plastic packaging for various industries, including food processing and pharmaceuticals.
Zepto IPO: The quick-commerce company Zepto is among the most awaited IPO candidates, having recently raised new capital and increased its Indian ownership. The firm is rapidly expanding its network of dark stores while competing with Blinkit, Swiggy Instamart, and Flipkart Minutes in the burgeoning instant delivery market.
FabIndia IPO: Lifestyle retailer FabIndia is also looking to revive its IPO plans after previously delaying its listing due to market uncertainties. Enhanced profitability and operational restructuring across its apparel, home furnishings, and organic food sectors are expected to bolster its renewed ambitions.
Milky Mist IPO: The Tamil Nadu-based dairy brand Milky Mist is on the radar of investors, having received SEBI's approval to proceed with its Rs 2,035 crore IPO in 2026. The funds raised are intended for capacity expansion, debt reduction, and growth in its premium dairy offerings.
Acko IPO: Rounding out the list of prominent IPO candidates is digital insurer Acko, which is backed by investors like General Atlantic and Amazon. The company is anticipated to enter the public markets as it strengthens its foothold in motor and health insurance.