India Startup IPO Tracker 2026: Every DRHP, Filing and Listing
A continuously updated tracker of every Indian startup IPO in 2026 — DRHPs filed with SEBI, approvals, price bands, listing dates and post-listing performance, with the issue size for each.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $15 billion |
| Stage | IPO |
| Headquarters | Bengaluru, India |
| Sector | Ipo Tracker |
| Coverage | Startup News |
India's startup IPO pipeline crossed 36,700 crore in disclosed issue size across 21 DRHPs filed with SEBI in 2026, according to Startupory's tracking of exchange and SEBI disclosures as of July 26, 2026.
This page is an evergreen tracker. It is updated in place as filings, approvals and listings happen, so the publication date stays fixed while the "last updated" timestamp moves.
Key Takeaways
The 2026 Pipeline
| Company | Headquarters | Sector | Issue size | Status |
| --- | --- | --- | --- | --- |
| Meesho | Bengaluru | Horizontal e-commerce | 5,400 crore | Open for subscription |
| PhonePe | Bengaluru | Digital payments | ~$1.5 billion | Confidential DRHP filed |
| Zepto | Mumbai | Quick commerce | ~$1.2 billion | DRHP filed |
| Lenskart | Gurugram | Eyewear retail | 7,500 crore | DRHP filed |
| PhysicsWallah | Noida | Edtech | 4,600 crore | SEBI approval received |
| Groww | Bengaluru | Retail broking | 6,300 crore | Listed |
| PlaySimple | Bengaluru | Mobile gaming | 1,800 crore | DRHP filed |
Figures are as disclosed in each company's DRHP or exchange filing; where a company has filed confidentially, the figure is the reported estimate and is labelled as such.
Why It Matters
The 2026 cohort is the first in which Indian consumer internet companies are listing with positive contribution margins rather than growth-only narratives. Issue structures have also shifted: fresh-issue components are larger relative to offers for sale than in the 2021-22 cohort, which means more capital reaching balance sheets and less pure secondary liquidity for early investors.
How This Tracker Is Maintained
Every row is sourced from a primary document: a DRHP, a SEBI observation letter, an exchange filing or an anchor-book allotment disclosure. Reported-but-unconfirmed figures are labelled. Corrections can be requested at corrections@startupory.com and are logged on our [corrections policy](/corrections-policy) page.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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