Closed IPOs 2026
278 mainboard & sme IPOs in 2026: 13 open for bidding, 1 upcoming and 264 closed. In 2026, 150 of 254 listed IPOs opened above the issue price , led by Tempsens Instruments (India) IPO at +111.3%.
Last updated
- IPOs in 2026
- 278
- 98 Mainboard · 180 SME
- Funds raised
- ₹1,24,917 Cr
- Total issue size
- Listed in profit
- 59%
- 150 of 254 listings
- Avg. listing gain
- +12.6%
- Median +2.9%
- Avg. subscription
- 64.33x
- Across all categories
IPO list
| Company | Dates | Price band | Issue size | Subs. | GMP / Listing | Status |
|---|---|---|---|---|---|---|
| PNGS Reva Diamond IPO Mainboard BSE,NSE · Diamond & Jewellery | – | ₹367–386 | ₹380 Cr | 1.23x | -2.9% | Listed |
| Kiaasa Retail IPO SME BSE · Trading | – | ₹121–127 | ₹70 Cr | 1.87x | -3.2% | Listed |
| Accord Transformer & Switchgear IPO SME BSE · Electricals | – | ₹43–46 | ₹26 Cr | 401.38x | +8.7% | Listed |
| Clean Max Enviro Energy Solutions IPO Mainboard BSE,NSE · Power and Energy | – | ₹1,000–1,053 | ₹3,080 Cr | 0.94x | -8.8% | Listed |
| Mobilise App Lab IPO SME NSE · Information Technology | – | ₹75–80 | ₹20 Cr | 100.15x | -19.9% | Listed |
| Shree Ram Twistex IPO Mainboard BSE,NSE · Textile | – | ₹95–104 | ₹110 Cr | 43.62x | -34.6% | Listed |
| Gaudium IVF And Women Health IPO Mainboard BSE,NSE · Healthcare | – | ₹75–79 | ₹165 Cr | 7.27x | +5.1% | Listed |
| Manilam Industries India IPO SME NSE · Trading | – | ₹65–69 | ₹40 Cr | 6.33x | -20.0% | Listed |
| Yashhtej Industries (India) IPO SME BSE · Consumer Food | – | ₹110 | ₹89 Cr | 1.42x | -20.0% | Listed |
| Fractal Industries IPO SME BSE · Trading | – | ₹205–216 | ₹49 Cr | 5.52x | +6.0% | Listed |
| Marushika Technology IPO SME NSE · Information Technology | – | ₹111–117 | ₹27 Cr | 18.01x | -4.3% | Listed |
| Aye Finance IPO Mainboard BSE,NSE · Finance | – | ₹122–129 | ₹1,010 Cr | 0.97x | 0.0% | Listed |
| Fractal Analytics IPO Mainboard BSE,NSE | – | ₹857–900 | ₹2,834 Cr | 2.66x | -2.7% | Listed |
| PAN HR Solutions IPO SME BSE · Other | – | ₹74–78 | ₹17 Cr | 0.01x | +0.5% | Listed |
| Biopol Chemicals IPO SME NSE · Chemicals | – | ₹102–108 | ₹31 Cr | 22.39x | +2.8% | Listed |
| Brandman Retail IPO SME NSE · Trading | – | ₹167–176 | ₹86 Cr | 80.23x | +4.0% | Listed |
| Grover Jewells IPO SME NSE · Diamond & Jewellery | – | ₹83–88 | ₹34 Cr | 19.24x | +9.1% | Listed |
| CKK Retail Mart IPO SME NSE · Consumer Food | – | ₹155–163 | ₹88 Cr | 1.69x | 0.0% | Listed |
| Kanishk Aluminium India IPO SME BSE · Iron & Steel | – | ₹73 | ₹29 Cr | 1.10x | -20.0% | Listed |
| Accretion Nutraveda IPO SME BSE · Other | – | ₹122–129 | ₹25 Cr | 1.91x | +48.1% | Listed |
| Msafe Equipments IPO SME BSE · Iron & Steel | – | ₹116–123 | ₹66 Cr | 166.81x | +17.1% | Listed |
| Kasturi Metal Composite IPO SME BSE | – | ₹61–64 | ₹18 Cr | 17.82x | 0.0% | Listed |
| Shayona Engineering IPO SME BSE | – | ₹140–144 | ₹15 Cr | 5.49x | 0.0% | Listed |
| Hannah Joseph Hospital IPO SME BSE · Healthcare | – | ₹67–70 | ₹42 Cr | 1.37x | -7.1% | Listed |
| KRM Ayurveda IPO SME NSE · Healthcare | – | ₹128–135 | ₹77 Cr | 74.43x | +27.5% | Listed |
GMP / Listing shows the grey market premium (as % of the upper price band) until listing, then the listing-day gain.
IPO activity, last 12 months
347 IPOs opened in the last 12 months. The busiest month was September 2026 with 86 issues.
How 2026 IPOs listed
Listing-day gain for 254 IPOs that listed in 2026. The weakest debut was Shree Ram Twistex IPO at -34.6%.
| Below −10% | 34 | 13% |
|---|---|---|
| −10% to 0 | 36 | 14% |
| 0 to 10% | 93 | 37% |
| 10 to 50% | 65 | 26% |
| Above 50% | 26 | 10% |
Listing gain = listing-day open price vs upper price band.
Browse IPOs by year
IPO list: FAQs
- How many IPOs are listed on IPO Master?
- IPO Master tracks 278 Mainboard and SME IPOs, including 13 open for bidding and 1 upcoming. Each IPO has its own page with price band, lot size, subscription, GMP, allotment and listing details.
- How many IPOs have come in 2026?
- 278 IPOs have opened in 2026 so far (98 Mainboard and 180 SME), raising about ₹1,24,917.03 Cr. Of the 254 that have listed, 150 listed above the issue price.
- What is the difference between Mainboard and SME IPOs?
- Mainboard IPOs list on the main NSE and BSE platforms and allow retail applications from one lot (about ₹15,000). SME IPOs list on NSE Emerge or BSE SME, are smaller issues, and need a minimum application of more than ₹2 lakh for individual investors. SME IPOs tend to be more volatile on listing.
- What do the IPO statuses mean?
- Upcoming IPOs have announced dates but have not opened. Open (ongoing) IPOs are accepting bids. Closed IPOs have finished bidding and are awaiting allotment or listing. Listed IPOs are trading on the exchange.
- How is the listing gain calculated?
- Listing gain is the difference between the listing-day opening price and the upper end of the price band, as a percentage of the upper price band.
IPO details are compiled from offer documents and NSE/BSE data. GMP is an unofficial indicator. For information only; not investment advice.