Upcoming IPOs in 2026: Reliance Jio, Flipkart, PhonePe, OYO, Zepto & More – Current Status, Expected Dates & How to Track via IPO Ji

The Indian primary market witnessed a record-breaking year in 2025 with 100+ mainboard IPOs, and 2026 is expected to take things even further with some of India’s most anticipated unicorn and decacorn IPOs gearing up for public listing.

Companies like Reliance Jio Platforms, Flipkart, PhonePe, OYO, Zepto, SBI Mutual Fund, and NSE are reportedly in different stages of IPO preparation. For investors looking to tap into the next generation of India’s digital economy, these upcoming IPOs could present significant opportunities.

In this blog, we’ll break down:

✔️ Expected IPOs in 2026

✔️ Current IPO Filing Status

✔️ Company-wise Updates

✔️ What Investors Should Know

✔️ How to Track & Apply via IPO Ji

List of Upcoming IPOs in 2026 & Their Current Status

Reliance Jio IPO – Expected in H1 2026

Reliance Industries Ltd. is currently working on the preliminary papers for listing its telecom subsidiary Jio Platforms Ltd., which could potentially become India’s largest-ever IPO.

However, before filing the DRHP, the company is reportedly awaiting final government notifications regarding new SEBI recommendations for large-cap IPOs. As per the revised norms introduced in September:

• Companies with market cap above ₹1 lakh crore may dilute only 2.75% equity
• Companies above ₹5 lakh crore may dilute 2.5% equity

Jio Platforms is internally preparing for a public listing, with expectations of launching the IPO in the first half of 2026.

Flipkart IPO – Preparing for India Listing

Walmart-owned e-commerce giant Flipkart is preparing to shift its domicile from Singapore to India after receiving approval from the National Company Law Tribunal (NCLT).

This move is seen as a crucial step towards launching its IPO in India. The company has also made key leadership appointments to strengthen governance and scale operations across supply chain and quick commerce verticals like Flipkart Minutes.

The Flipkart IPO is expected to be one of the most anticipated listings in the Indian consumer-tech segment in 2026.

PhonePe IPO – SEBI Approval Received

Digital payments and fintech platform PhonePe has received approval from SEBI to raise funds via an Initial Public Offering.

• FY 2024–25 Revenue: ₹7,115 Crore
• YoY Growth: 40%
• Operating Cash Flow: ₹1,202 Crore
• Adjusted Net Profit: ₹630 Crore

The proposed IPO is likely to be entirely an Offer for Sale (OFS) by existing shareholders. The company is expected to file an updated DRHP soon.

OYO IPO – Confidential DRHP Filed

Hospitality startup OYO has reportedly filed a confidential DRHP with SEBI for its public issue. This allows companies to test investor sentiment without disclosing sensitive financial data publicly in the early stages.

OYO’s IPO is expected to target expansion, debt reduction, and global operations scaling.

Zepto IPO – Moving Towards Public Markets

Quick commerce startup Zepto has also filed confidential IPO papers. The company has seen rapid growth in the ultra-fast delivery segment and is planning to leverage public funding for:

• Dark store expansion
• Supply chain optimisation
• Technology infrastructure

Other Upcoming IPOs to Watch in 2026

• SBI Mutual Fund
• NSE
• Indian Gas Exchange (IGX)
• Mahanadi Coalfields

These IPOs are currently in early preparation stages and are yet to file their DRHPs.

SBI Mutual Fund IPO – India’s First AMC IPO?

One of the most talked-about potential IPOs in 2026 is the SBI Mutual Fund IPO. SBI Mutual Fund is a joint venture between India’s largest public sector bank State Bank of India (SBI) and Amundi, one of Europe’s leading asset managers.

What Is SBI Mutual Fund?

SBI Mutual Fund is one of India’s largest asset management companies (AMCs) with:

• A diversified portfolio of equity, debt, hybrid, and solution-oriented funds
• Millions of retail and institutional investors
• Strong brand recognition and extensive distribution networks through SBI branches and digital platforms

NSE IPO – India’s Premier Exchange Going Public

Another marquee IPO in the 2026 pipeline is the proposed listing of National Stock Exchange of India Ltd. (NSE) one of India’s largest and most sophisticated financial market infrastructure providers.

NSE is India’s leading exchange platform, providing:

• Equities trading
• Derivatives and index futures
• Debt and currency trading
• Technology platforms for clearing and settlement

Current IPO Status

As of now, NSE has not filed its Draft Red Herring Prospectus (DRHP) with SEBI, but preparations are reportedly underway.

What Investors Should Track

Here are the IPO elements to monitor:

• DRHP filing date
• Expected valuation range / price band
• Lot size & minimum investment
• Share sale size (public vs promoter)
• Lock-in period for promoters
• Revenue distribution (Equity / Derivatives / Data / Technology)

How IPO Ji Helps You Track & Apply for Upcoming IPOs in 2026

With multiple IPOs expected to launch in 2026, keeping track of:

• IPO Opening & Closing Dates
• DRHP Filings
• Price Bands
• Lot Sizes
• Subscription Status
• Allotment Updates

can be overwhelming for investors.

That’s where IPO Ji App and Website come in.

IPO Ji allows investors to:

✔️ Track upcoming IPOs in real-time

✔️ Get DRHP & RHP updates

✔️ Check subscription data

✔️ Apply via UPI seamlessly

✔️ Monitor allotment status

✔️ Receive IPO alerts & notifications

You can apply for all upcoming IPOs in 2026 directly through the IPO Ji platform by navigating to the Live IPOs section and completing your UPI mandate in just a few steps.

2026 is shaping up to be one of the most exciting years for India’s primary markets. From telecom and fintech to quick commerce and hospitality, investors will have exposure to some of the country’s most prominent private enterprises entering the stock market.

Stay updated, stay prepared, and track every development in real time using IPO Ji, your all-in-one IPO intelligence platform.

Important Note for Investors

The IPOs mentioned above are based on prevailing market expectations and company disclosures. Final IPO dates, price bands, and issue sizes will be confirmed only after official DRHP/RHP filings with SEBI.

Disclaimer: This content is for informational purposes only and should not be considered as investment advice.