IPO Watchlist 2026: 5 Companies Investors Are Closely Tracking

    India's primary market has remained active in 2026, with companies across financial services, technology, healthcare, telecom, hospitality and capital markets moving through different stages of the IPO process.

    While some companies have already announced subscription dates, others are progressing through regulatory filings before launching their public issues. For investors, keeping track of these developments can help them stay prepared as new investment opportunities emerge.

    Below is a snapshot of five companies currently moving through different stages of the IPO process.

    • Manipal Health Enterprises Limited 

    • Zepto Limited

    • National Stock Exchange (NSE)

    • Jio Platforms Limited

    • Oravel Stays Limited  OYO

    Manipal Health Enterprises IPO

    Manipal Health Enterprises is one of India's leading healthcare providers, operating a network of multi-specialty hospitals across the country. The company offers services across tertiary care, diagnostics, critical care, oncology, cardiology, organ transplants, and several other specialties. The healthcare provider continues to be viewed as a potential large IPO candidate.

    The proposed IPO comprises a fresh issue of equity shares and an Offer for Sale by existing shareholders. According to the draft offer document, the proceeds from the fresh issue are intended to support the company's growth initiatives and general corporate purposes, while the Offer for Sale enables existing shareholders to partially divest their holdings.
    Manipal Health Enterprises is one of India's leading hospital networks with a strong presence across multiple specialties and regions. The company's scale, expanding healthcare footprint, and position in India's growing healthcare sector have made its proposed IPO one of the closely followed offerings in the healthcare space.

    Zepto Limited IPO

    Zepto Limited has emerged as one of India's growing quick commerce companies. Since its launch in 2021, the company has expanded its presence across multiple cities by offering rapid delivery of groceries and daily essentials through a network of dark stores. The company has filed its Updated Draft Red Herring Prospectus (UDRHP) with SEBI, marking a significant milestone in its IPO journey. 

    The proposed IPO is expected to support Zepto's long-term growth plans by strengthening its business operations, expanding its quick commerce network, investing in technology and infrastructure, and meeting general corporate requirements. The final utilisation of proceeds will be as disclosed in the company's offer document.

    The quick commerce industry continues to expand as consumer demand for faster deliveries and digital convenience grows. Investors are monitoring Zepto's IPO for updates on its regulatory progress and its position in a rapidly evolving technology-driven retail segment. 

    National Stock Exchange (NSE) IPO

    The National Stock Exchange (NSE) is India's largest stock exchange and among the leading exchanges globally in terms of trading activity. It facilitates trading across equities, derivatives, currencies, debt securities, ETFs, and other financial instruments. The NSE IPO has remained one of the most anticipated public offerings in the Indian capital market.

    The proposed NSE IPO is structured as an Offer for Sale (OFS), under which the proceeds will be received by the selling shareholders rather than the company. The public issue is expected to facilitate the listing of the exchange's equity shares on the stock exchanges, subject to the necessary regulatory approvals.

    NSE plays a significant role in the country's capital markets. Its proposed IPO has attracted sustained attention due to the exchange's market position and the broader interest surrounding one of India's most anticipated public offerings. 

    Jio Platforms Limited IPO

    Jio Platforms Limited is the digital business arm of Reliance Industries Limited. The company operates across telecommunications, digital applications, cloud services, enterprise solutions, artificial intelligence, and digital infrastructure. Its proposed IPO continues to attract significant market attention owing to the company's scale and digital ecosystem.

    Jio Platforms has filed its draft offer document for a proposed public issue. The detailed utilisation of the IPO proceeds will be available once the company updates its offer documents with the final issue structure and disclosures.

    Its proposed public issue has attracted significant attention because of the company's extensive digital ecosystem and its presence across multiple technology-driven businesses. Market participants are also watching for further regulatory developments and the announcement of the IPO timeline. 

    Oravel Stays Limited IPO OYO

    Oravel Stays Limited, popularly known as OYO, operates a technology-driven hospitality platform connecting property owners and travellers through hotels, homes and listings. The company has filed its UDRHP with SEBI for its proposed IPO.

    The proposed IPO is entirely a fresh issue of equity shares. According to the UDRHP, a significant portion of the net proceeds is proposed to be invested in Oravel Stays Singapore Pte. Ltd. for the repayment or prepayment of certain borrowings, with the remaining funds earmarked for general corporate purposes. 

    OYO operates a platform with an asset-light business model and an international presence across multiple markets. Investors are monitoring its IPO for developments in the hospitality technology sector and updates on the company's proposed public issue.

    Why Are These IPOs closely tracked?

    These companies operate in sectors that have experienced significant growth over the last few years. Their businesses represent different parts of India's economy, including financial services, healthcare, digital technology, telecommunications, and capital markets.

    The IPOs are being closely followed because of the companies' market presence, business scale, and industry relevance. However, the timing, issue size, valuation, and other offer-related details may change based on regulatory approvals and company decisions.

    Note: As companies progress through different stages of the IPO process, new developments such as regulatory approvals, issue dates, price bands, and offer details may be announced over time. The information in this article is based on publicly available sources as of the date of publication and is intended for informational purposes only. Investors should refer to the latest DRHP/RHP, SEBI disclosures before making any investment decisions.

    Frequently Asked Questions

    Disclaimer :

    Investments in securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


    The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.

    The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and/or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

    Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

    BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.



    Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



    This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

    For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

    Read More Blogs

    Publish Date: 27 Jul 2026

    Our Secure Trading Platforms

    Level up your stock market experience: Scan the QR to download the Bajaj Broking App for effortless investing and trading

    Scan the QR code to download Bajaj Broking App

    1 M+ Users

    4.8 App Rating

    4 Languages

    ₹8,422 Cr+ MTF Book

    Open Your Free Demat Account

    Access Research Backed Stock Recommendations

    +91

    |

    Open Your Free Demat Account

    Access Research Backed Stock Recommendations

    +91

    |