Upcoming IPO in India 2026

DRHP (Draft Red Herring Prospectus) is the preliminary document filed with SEBI, while RHP (Red Herring Prospectus) is the final version with a confirmed price band. RHP is released closer to the upcoming IPO launch date.

Upcoming IPOs are typically announced 2-4 weeks before the subscription opens. However, DRHP filings can happen months in advance, giving early insights into upcoming big IPOs in the pipeline

A typical upcoming IPO in {year} follows this timeline: DRHP filing → SEBI approval → Price band announcement → Subscription opens (3 days) → Basis of allotment → Listing on exchanges. The entire process takes 4-6 weeks from the price announcement.

Research the company's fundamentals, industry prospects, and valuation before applying. Ensure you have sufficient funds, complete KYC documentation, and understand the risks involved with the upcoming IPOs before making investment decisions.

Yes, upcoming IPO applications can be made through UPI for amounts up to ₹5 lakhs. This provides instant blocking of funds and a seamless application process for retail investors.

The minimum investment varies by company but typically ranges from ₹10,000 to ₹15,000 for retail investors. High Net Worth Individual (HNI) category has higher minimum investment requirements for upcoming IPO applications.

Most mainboard upcoming IPOs list on both the NSE and the BSE, while upcoming SME IPO companies typically list on the BSE SME or the NSE Emerge platforms. Check the specific exchange listing for each upcoming IPO.

Yes, Non-Resident Indians can apply for the upcoming IPO in India opportunities through designated NRI broking accounts. However, certain restrictions may apply based on the company's FDI policy and FEMA regulations.

RHP documents for upcoming IPOs are available on company websites, BSE/NSE websites, SEBI website, and through your broker's platform. Choice provides easy access to all IPO-related documents.

No, upcoming IPOs do not guarantee listing gains. Market conditions, company performance, and investor sentiment affect listing prices. Thorough research is essential before investing in any of the top upcoming IPO opportunities.

Small and Medium Enterprises IPOs offer unique growth potential for investors seeking diversification. Our upcoming SME IPO tracker helps you identify promising opportunities in emerging sectors. Simply download the Choice FinX app, go to the IPO section and explore ‘Open & Upcoming.’

You can apply for an upcoming IPO through UPI for investments up to ₹5 lakhs with instant fund blocking, or use the ASBA method through net banking for higher amounts. For instance, you can access IPO applications through the Choice FinX platform by selecting your preferred upcoming IPO, entering bid quantity and price, then completing payment authorization. Both methods block funds in your account until allotment without immediate debiting, ensuring secure processing throughout the subscription period.

Upcoming IPO applications cannot be cancelled once submitted. However, you can modify your bid quantity or price within the bid period. Ensure careful consideration before applying for any upcoming IPO.