Startup IPOs in India in 2026: who filed, who got the nod, who listed

By Abha Lohia · Editor · Updated 9 November 2026

21 Indian startups filed draft papers (a DRHP) for an IPO in 2026 by StopDown's count, 25 received SEBI's approval and 39 reached the market, while 105 more said they are preparing one.

Changed this week: 5 new IPO steps since 5 November 2026: SNVA Traveltech, MakeMyTrip, Veritas Finance, IFL Finance, Scripbox.

21DRHPs filed

25SEBI approvals

39Listings and IPO days

105Preparing an IPO

Filed a DRHP in 2026

Filed a DRHP in 2026 (amounts as reported, $ converted at a fixed yearly rate)
Date	Company	What happened	Amount
7 Nov 2026	SNVA Traveltech	Travomint parent files updated IPO papers, all sale of shares
29 Sep 2026	StockGro	StockGro files confidential IPO papers	₹2,500 Cr
27 Sep 2026	Cars24	Cars24 targets April DRHP filing after India reverse flip
24 Sep 2026	JSW One Platforms	JSW One Platforms files papers for ₹3,054 crore IPO	₹3,054 crore
23 Sep 2026	Spinny	Spinny files confidential IPO papers, eyes ₹2,500-3,000 crore issue	₹2,500-3,000 crore
12 Sep 2026	PhonePe	PhonePe revives IPO plans, targets March 2027 listing
5 Sep 2026	NoPaperForms	NoPaperForms files updated DRHP for ₹375 crore IPO DRHP decoded →	₹375 crore
17 Aug 2026	Atomberg Technologies	Atomberg files DRHP for ₹450 crore IPO	₹450 crore
14 Aug 2026	Zetwerk	Zetwerk files IPO papers with Sebi	₹2,600 crore
11 Aug 2026	Table Space	Table Space files DRHP for ₹800 crore IPO	₹800 crore
4 Aug 2026	LEAP India	Leap India files IPO papers for ₹2,480 crore	₹2,480 Cr
3 Aug 2026	Battery Smart	Battery Smart files IPO papers for public listing	~$192 million total raised
14 Jul 2026	InsuranceDekho	InsuranceDekho plans to file DRHP by September 2026	₹3,000-4,000 Cr
7 Jul 2026	Cult.fit	Cult.fit files DRHP for up to ₹4,000 crore IPO on BSE and NSE	up to ₹4,000 crore
6 Jul 2026	C5i	C5i files confidential DRHP for IPO	₹1,000-1,200 Cr
30 Jun 2026	Fibe	Fibe files DRHP for ₹750 Cr IPO with OFS component	₹750 Cr
15 Jun 2026	Razorpay	Razorpay confidentially files for IPO	$600 million (planned)
27 May 2026	Pushp Brand (India)	Pushp Brand files DRHP for Rs 800-1,000 crore IPO	Rs 800 crore to Rs 1,000 crore
7 May 2026	InCred Holdings	InCred files DRHP for ₹1,250 crore IPO with fresh issue and OFS	₹1,250 Cr
19 Mar 2026	RentoMojo	Rentomojo files draft prospectus for an initial public offering	₹1,100-1,200 Cr
4 Feb 2026	Turtlemint	Turtlemint files DRHP for IPO

SEBI approval received

SEBI approval received (2026, amounts as reported, $ converted at a fixed yearly rate)
Date	Company	What happened	Amount
9 Nov 2026	MakeMyTrip	MakeMyTrip India arm gets Sebi nod for IPO
9 Nov 2026	Veritas Finance	Veritas Finance gets SEBI nod for IPO	₹900 Cr
5 Nov 2026	IFL Finance	IFL Finance gets SEBI clearance for IPO
3 Nov 2026	Razorpay	Razorpay gets SEBI nod for its IPO
30 Oct 2026	Atomberg Technologies	Atomberg gets Sebi approval for IPO	₹450 Cr
16 Oct 2026	Cult.fit	Cult.fit gets SEBI nod for IPO	₹950 Cr
28 Sep 2026	Tonbo Imaging	Tonbo Imaging gets SEBI nod for IPO
15 Sep 2026	Fibe	Fibe gets SEBI nod for ₹750 crore IPO	₹750 crore
8 Sep 2026	Kuku Technologies	Kuku Technologies gets SEBI nod for IPO	Rs 2,500 crore to Rs 3,500 crore
27 Aug 2026	Paramotor Digital Technology Limited	Paramotor Digital Technology receives SEBI approval for IPO
18 Aug 2026	NoPaperForms	NoPaperForms gets Sebi nod for IPO DRHP decoded →	₹500 Cr to ₹600 Cr
7 Aug 2026	Rediff.com	Sebi clears Rediff and PlaySimple IPOs	₹600-₹800 Cr
7 Aug 2026	Oravel Stays	Sebi approves Oravel Stays' ₹6,650 crore IPO	₹6,650 crore
6 Aug 2026	Garuda Aerospace	Garuda Aerospace gets SEBI nod for ₹750 Cr IPO	₹750 Cr
3 Jul 2026	Moneyview	Fintech unicorn Moneyview gets SEBI approval for ₹1,500 Cr+ IPO	₹1,500 Cr
2 Jun 2026	PRISM	Prism gets SEBI nod for ₹6,650 crore IPO	₹6,650 Cr
8 May 2026	Zepto	Zepto gets SEBI nod for up to $1.2 billion IPO DRHP decoded →	₹11,000 Cr to ₹12,000 Cr
17 Apr 2026	Avaada Electro	Avaada Electro gets Sebi approval for initial public offering	₹9,000-10,000 crore
17 Mar 2026	FabHotels	FabHotels gets SEBI approval for IPO
16 Mar 2026	Travelstack Tech	Travelstack Tech gets SEBI nod for ₹250 Cr IPO	₹250 Cr
9 Feb 2026	Elevate Campuses	Elevate Campuses gets Sebi nod for ₹2,550 crore IPO	₹2,550 crore
6 Feb 2026	InCred Holdings	SEBI clears IPOs of InCred and SEDEMAC	₹3,000 Cr to ₹4,000 Cr
30 Jan 2026	AVPL International	AVPL International gets SEBI nod for INR 200 crore IPO	INR 200 Cr
23 Jan 2026	Infra.Market	Infra.Market gets SEBI nod for ₹5,000 Cr IPO	INR 5,000 Cr
12 Jan 2026	Kissht	Kissht parent gets SEBI nod for ₹1,000 crore IPO	₹1,000 crore

Listed, or in their IPO window

Listed, or in their IPO window (2026, amounts as reported, $ converted at a fixed yearly rate)
Date	Company	What happened	Amount
23 Oct 2026	Zetwerk	Zetwerk lists on exchanges at 5% premium	₹5,012 Cr
20 Oct 2026	OYO	OYO parent cuts IPO fresh issue to ₹3,350 Cr	₹3,350 Cr
19 Oct 2026	Tonbo Imaging	Tonbo Imaging IPO subscribed nearly 136 times	₹852 Cr
6 Oct 2026	AITMC Ventures	AITMC files updated IPO document for fresh issue
5 Oct 2026	AceVector	AceVector lists on exchanges below issue price	₹420 Cr
30 Sep 2026	Elevate Campuses	Elevate Campuses lists at slight discount on NSE	₹2,100 Cr
25 Sep 2026	RentoMojo	Rentomojo lists on Indian stock exchanges	Rs 1,255.57 crore
25 Sep 2026	Liqvd Digital	Liqvd Digital India IPO subscribed 5.08 times	₹39.01 crore
23 Sep 2026	Robokidz Eduventures	Robokidz Eduventures IPO closes with 809x total subscription	₹31.09 crore
18 Sep 2026	Rediff.com	Rediff.com secures regulatory approval for upcoming public listing	₹600-800 Cr
12 Sep 2026	Capillary Technologies	Capillary Technologies lists on NSE	₹877.50 Cr
12 Sep 2026	Shiprocket	Shiprocket lists on NSE after raising ₹1,617.49 crore through IPO	₹1,617.49 crore
12 Sep 2026	PhysicsWallah	Physicswallah lists on the NSE after successful IPO	₹3,480 Cr
12 Sep 2026	Turtlemint	Turtlemint Fintech Solutions listed after raising ₹882.67 crore in IPO	₹882.67 Cr
12 Sep 2026	Voler Car Ltd	Voler Car Ltd listed on NSE SME after raising ₹27 crore in IPO	₹27.00 crore
9 Sep 2026	ESDS Software Solution	ESDS lists with 76% premium, stock surges 300.1%	₹720 Cr
21 Aug 2026	Meesho	Meesho completes public listing following successful IPO	Rs 5,421 crore
17 Aug 2026	Molbio Diagnostics	Molbio Diagnostics lists at 21% premium on exchanges	Rs 939.7 crore
7 Aug 2026	Fusion Klassroom Edutech	Fusion Klassroom Edutech lists on BSE SME at 7% premium	₹39 Cr
5 Aug 2026	OfBusiness	OfBusiness plans $800m IPO for November 2026 listing	$800 million
3 Aug 2026	Yellow.ai	Yellow.ai to go public via Bluerock SPAC
24 Jul 2026	BlueStone	BlueStone reports maiden profit after public market debut	Rs 1,540 crore
2 Jul 2026	ShareChat	ShareChat plans $400 million IPO in FY28	$400 million
16 Jun 2026	Veefin Solutions	Veefin Solutions plans main board listing
12 Jun 2026	E2E Networks	E2E Networks debuts on BSE mainboard via direct listing
9 Jun 2026	ACKO	ACKO eyes $300 million IPO filing	$300 million
8 Jun 2026	Klassroom	Klassroom gets in-principle approval for SME IPO, targets Q2 FY27 listing	₹19.89 Lakh shares fresh issue + ₹4.66 Lakh shares OFS
1 Jun 2026	Simple Energy	Simple Energy eyes listing in second half of FY28
21 May 2026	Zepto	Zepto targets $1B IPO listing by July 2026 DRHP decoded →	$1 billion
4 May 2026	Kissht	Kissht parent lists with 22% first-day gain	₹925.9 Cr
22 Mar 2026	Flipkart	Flipkart prepares for $60-70 billion tech IPO listing	$60-$70 Bn
16 Mar 2026	MakeMyTrip	MakeMyTrip evaluates India listing amid profit decline
26 Feb 2026	SEDEMAC	Sedemac Mechatronics ipo opens March 4	₹1,087 crore
22 Feb 2026	Fractal Analytics	Fractal Analytics lists on Indian stock exchanges	₹900 per share
27 Jan 2026	Shadowfax	Shadowfax shares slip on stock market debut	₹1,907 crore
21 Jan 2026	Amagi Media Labs	Amagi lists at 12% discount to IPO price	₹1,789 crore
19 Jan 2026	Navi	Fintech firm Navi eyes public listing in coming months
12 Jan 2026	Lenskart	Lenskart heads towards a public listing
8 Jan 2026	Amagi	Amagi lists as first new-age tech IPO of 2026	INR 1,788.6 Cr

Preparing an IPO

Preparing an IPO (2026, amounts as reported, $ converted at a fixed yearly rate)
Date	Company	What happened	Amount
5 Nov 2026	Scripbox	Scripbox moves to become public company before IPO
26 Oct 2026	Imarticus Learning	Imarticus plans confidential IPO filing	₹1,000 Cr
23 Oct 2026	Tonbo Imaging	Tonbo Imaging debuts at 66% premium	₹852 Cr
20 Oct 2026	PRISM	PRISM cuts fresh IPO issue nearly in half	₹3,350 Cr
18 Oct 2026	OYO	Moody's turns positive on OYO parent Prism
17 Oct 2026	Burma Burma	Burma Burma operator files for IPO	₹150 Cr
12 Oct 2026	Zetwerk	Zetwerk fixes IPO price band at ₹143-151	₹5,012 Cr
9 Oct 2026	Fusion CX	Fusion CX sets ₹275-289 price band for ₹702 Cr IPO	₹702 Cr
6 Oct 2026	HyFun Foods	HyFun Foods plans ₹2,000 crore IPO	₹2,000 Cr
1 Oct 2026	Anarock Property Consultants	Anarock files for ₹1,000 crore IPO	₹1,000 Cr
29 Sep 2026	EverBrands India	Subway India operator EverBrands files for IPO	₹600 Cr
25 Sep 2026	Air IQ	Air IQ files confidentially for Rs 1,000 crore IPO	Rs 1,000 crore
25 Sep 2026	PMI Electro Mobility	Pmi Electro Mobility files for confidential ipo
25 Sep 2026	Avaada Electro	Avaada Electro files for ₹7,600 crore initial public offering	₹7,600 crore
24 Sep 2026	Moneyview	Moneyview opens its public issue to raise over ₹1,000 crore	₹1,091.68 crore
24 Sep 2026	AssetGro Fintech	AssetGro Fintech plans initial public offering	₹2,000-2,500 Cr
23 Sep 2026	Airtel Money	Airtel Money files for London initial public offering
16 Sep 2026	LEAD Group	LEAD Group targets IPO by fiscal year 2029
12 Sep 2026	Social Worth Technologies Ltd	Social Worth Technologies files for initial public offering	Rs.750 Cr
12 Sep 2026	Curefoods	Curefoods files IPO for ₹800 crore	₹800 Cr
12 Sep 2026	Delhivery	Delhivery completes its initial public offering on the NSE	₹5,235 Cr
12 Sep 2026	Zepto	Zepto delays IPO to 2027 and reduces issue size DRHP decoded →	₹8,100 Cr
12 Sep 2026	Deltatech Gaming Ltd	Deltatech Gaming files for initial public offering	₹550 Cr
12 Sep 2026	One Mobikwik Systems Ltd	One Mobikwik Systems Ltd completes initial public offering	₹572 Cr
12 Sep 2026	Innoterra	Innoterra files for IPO with fresh issue	Rs 105 Crore
12 Sep 2026	Integris Medtech Ltd	Integris Medtech files for initial public offering	₹925 Cr
12 Sep 2026	Veranda Learning Solutions	Veranda Learning Solutions completes its initial public offering	₹200 Cr
12 Sep 2026	AceVector	AceVector files for initial public offering	₹300 Cr
12 Sep 2026	Ebixcash Limited	Ebixcash Limited files for six thousand crore IPO	₹6,000 Cr
12 Sep 2026	Paymate India Ltd	Paymate India files for fifteen hundred crore ipo	₹1500 Cr
12 Sep 2026	Travelstack Tech	Travelstack Tech files for initial public offering	₹250 Cr
12 Sep 2026	Executive Centre India Ltd	Executive Centre India files for ₹2600 crore IPO	₹2600 Cr
12 Sep 2026	Wellness Forever Medicare Ltd	Wellness Forever Medicare files for initial public offering	₹400 Cr
12 Sep 2026	TBO Tek	TBO Tek Ltd completed its IPO with a total amount of ₹1,550.81 crore	₹1,550.81 cr
12 Sep 2026	Kids Clinic India Ltd	Kids Clinic India files for initial public offering	₹300 Cr
12 Sep 2026	Atomberg Technologies	Atomberg Technologies files for IPO	₹450 Cr
12 Sep 2026	Wakefit	Wakefit Innovations Ltd raised ₹1,288.89 crore through IPO in December 2025	₹1,288.89 Cr
12 Sep 2026	Route Mobile Ltd	Route Mobile launches initial public offering	₹600 Cr
12 Sep 2026	Course5 Intelligence Ltd	Course5 Intelligence files for six hundred crore ipo	₹600.00 Cr
12 Sep 2026	Ecom Express Ltd	Ecom Express files for a ₹2600 crore IPO	₹2600 Cr
12 Sep 2026	Amagi Media Labs	Amagi Media Labs files for initial public offering	₹1,788.62 cr
12 Sep 2026	Droom Technology Ltd	Droom Technology files for three thousand crore rupee ipo	₹3000 Cr
12 Sep 2026	ideaForge	Ideaforge Technology completes its initial public offering	₹567.25 cr
12 Sep 2026	Meesho	Meesho completes initial public offering on NSE	₹5,421.20 Cr
12 Sep 2026	Oravel Stays	Oravel Stays files for ₹6,650 crore initial public offering	₹6,650 Cr
12 Sep 2026	Greaves Electric Mobility	Greaves Electric Mobility files for Rs 1000 crore IPO	Rs 1000 Cr
12 Sep 2026	Cogent E-Services Ltd	Cogent E-Services files for IPO with Rs 150 crore fresh issue	Rs 150 Cr
12 Sep 2026	BharatRohan Airborne Innovations Ltd	BharatRohan Airborne Innovations completes its public share offering	₹45.04 Cr
12 Sep 2026	API Holdings	API Holdings files for six thousand crore IPO	₹6,250 Cr
12 Sep 2026	WeWork India	WeWork India launches three thousand crore rupee ipo	₹3,000 Cr
12 Sep 2026	Lenskart	Lenskart files for initial public offering of shares	₹7,278.02 Cr
4 Sep 2026	RentoMojo	Rentomojo opens ₹1,256 crore initial public offering	₹1,255.57 Cr
2 Sep 2026	Purple Style Labs	Purple Style Labs raises ₹680 Cr in IPO	₹680 Cr
2 Sep 2026	Yotta Data Services	Yotta plans $1.5 billion IPO by March 2027	$1.5 billion
31 Aug 2026	Rays of Belief	Rays of Belief opens its public share offering	₹125 Cr
28 Aug 2026	ESDS Software Solutions	ESDS Software Solutions launches ₹720 crore initial public offering	₹720 Cr
20 Aug 2026	Upstox	Upstox starts early talks for proposed public offering	$350-400 million
20 Aug 2026	Razorpay	Razorpay files draft papers for initial public offering	$500M-$600M
19 Aug 2026	Cashify	Cashify converts to public company ahead of IPO
13 Aug 2026	Gaja Capital	Gaja Capital files for ₹656.2 crore IPO	₹656.2 crore
10 Aug 2026	ENS Enterprises	ENS Enterprises launches Rs 33 crore SME IPO	Rs 33.14 crore
3 Aug 2026	Spinny	Spinny converts to public company, plans IPO in 2027	₹43 crore
3 Aug 2026	Klassroom	Klassroom files IPO with strong retail demand	₹39 Cr
29 Jul 2026	Fibe	Fibe leads second wave of fintech IPOs
29 Jul 2026	Ferns N Petals	Ferns N Petals plans IPO by 2028
28 Jul 2026	Table Space	Table Space plans IPO of up to $350 Mn, with draft papers expected by early August 2026	₹3,353 Cr
24 Jul 2026	ShareChat	ShareChat plans $400M IPO by 2027	$400 Mn
23 Jul 2026	Elevate Campuses	Elevate Campuses plans Rs 2,550 crore IPO in August	Rs 2,550 crore
23 Jul 2026	Fusion Klassroom Edutech	Fusion Klassroom Edutech opens IPO with price band of ₹151–159 per share	~Rs 39.04 crore
23 Jul 2026	InCred Financial Services	InCred Financial Services plans IPO with Rs 1,250 crore fresh issue	Rs 1,250 Cr
22 Jul 2026	InMobi	InMobi appoints banks for $1 billion IPO	$1 billion
17 Jul 2026	MakeMyTrip	MakeMyTrip files for $1 billion subsidiary IPO	₹43 crore
9 Jul 2026	Girnar Software	Girnar Software plans IPO of Rs 3,000-3,500 crore	Rs 3,000-3,500 crore
6 Jul 2026	Navi	Navi plans IPO by January-March 2027, seeks ₹3,000 crore raise	Rs 3,000 crore
4 Jul 2026	Camions Logistics Solutions Limited	GoBolt converts into public company ahead of IPO
28 Jun 2026	Square Yards	Square Yards hires bankers for $200-300 million IPO	₹900 crore
17 Jun 2026	BRND.ME	BRND.ME converts to public company, eyes IPO
4 Jun 2026	Kuku FM	Kuku FM parent files confidentially for IPO	₹3,500 crore
4 Jun 2026	Kuku Technologies	Kuku Technologies files for ₹2,500-3,500 Cr IPO	₹2,500 Cr to ₹3,500 Cr
2 Jun 2026	MobiKwik	MobiKwik seeks shareholder approval to revise IPO fund use	₹182.2 Cr
21 May 2026	Amagi	Amagi files for IPO after 18 years
17 May 2026	Paramotor Digital Technology Limited	Paramotor Digital Technology files for IPO
15 May 2026	Flipkart	Flipkart defers IPO to 2028 and pauses fundraising
8 May 2026	Ola Consumer	Ola Consumer board approves IPO process despite losses
24 Apr 2026	PlaySimple Games	PlaySimple files ₹3150 crore OFS IPO for Swedish owner	₹3,150 Cr
7 Apr 2026	CureFit	Curefit appoints four independent directors ahead of IPO	₹2,500 crore
7 Apr 2026	Leverage Edu	Leverage Edu initiates IPO talks targeting $900 Mn valuation	₹2,000 Cr to ₹3,000 Cr
7 Apr 2026	Cult.fit	Cult.fit appoints board members ahead of Rs 2500 crore IPO	Rs 2,500 crore
2 Apr 2026	Garuda Aerospace	Garuda Aerospace files for ₹1,000 Cr IPO	₹750 Cr
1 Apr 2026	Rediff.com	Rediff files for IPO via confidential route	₹600-₹800 crore
28 Mar 2026	Info Edge	Info Edge portfolio firms RentoMojo and Uncia file IPO, raise funds
19 Mar 2026	Ola Electric	Ola Electric reallocates IPO funds, weighs stake sale	₹575 Cr
18 Mar 2026	Udaan	Udaan to reverse flip to India for IPO
16 Mar 2026	PhonePe	PhonePe pauses IPO due to global market volatility
12 Mar 2026	Blinkit	Blinkit news covers NSE IPO and Mosaic Wellness funding
10 Mar 2026	SEDEMAC	Sedemac's IPO sees big returns for early investors	₹1,087 Cr
27 Feb 2026	Milky Mist	Milky Mist plans ₹2,035 crore IPO in 2026	₹2,035 crore
27 Feb 2026	Steptrade Capital	Steptrade Capital reports SME IPO funding in January
21 Feb 2026	MoEngage	MoEngage targets Indian IPO after achieving profitability
16 Feb 2026	InsuranceDekho	InsuranceDekho weighs $400M IPO in Mumbai	$400M
4 Feb 2026	Aye Finance	Aye Finance files IPO for ₹1,010 crore	₹1,010 crore
3 Feb 2026	Fractal Analytics	Fractal Analytics files IPO, cuts size by 42%	INR 2,833.9 Cr
31 Jan 2026	Srit India	Srit India files draft IPO papers with Sebi	Fresh issue of 1.68 crore equity shares
23 Jan 2026	PhysicsWallah	PhysicsWallah raises ₹3480 crore in IPO	₹3480 crore
2 Jan 2026	BlueStone	BlueStone celebrates its initial public offering after a decade

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How an Indian IPO works, in four steps

DRHP: the draft red herring prospectus goes to SEBI with the business, its numbers and the risks; a confidential filing keeps it private at first.
Observations: SEBI's letter clears the company to go ahead, usually within two or three months.
RHP and the IPO window: the final prospectus sets the price band and the dates; the issue is open for about three days.
Listing: shares start trading on the NSE and BSE about three working days after the issue closes.

Questions people ask

Which startups filed a DRHP in 2026?

SNVA Traveltech, StockGro, Cars24, JSW One Platforms, Spinny, PhonePe, NoPaperForms, Atomberg Technologies, Zetwerk, Table Space, LEAP India, Battery Smart and more, in the table above.

Which startup IPOs listed in 2026?

Zetwerk, OYO, Tonbo Imaging, AITMC Ventures, AceVector, Elevate Campuses, RentoMojo, Liqvd Digital, Robokidz Eduventures, Rediff.com, Capillary Technologies, Shiprocket.

What is a DRHP?

A draft red herring prospectus: the document a company files with SEBI before an IPO, with its financials, shareholding, use of proceeds and risk factors. Startup Decoded explains the terms.

How this page is counted

Grouped by what the story reported: a DRHP or confidential filing, a SEBI observation letter, a listing or IPO-window story, or a stated plan. A company appears once per group, at its latest story. StopDown counts a step when the company announces it or a reliable outlet reports it. Amounts are as reported on the day, converted at a fixed rate where only rupees were given; talks, planned raises and proposals are left out until they close, as are capital moves by listed groups. One round per company per month. Every row links to the StopDown story, which links to the articles it was written from. Figures can change as companies update them. Full method →