Current Mainboard IPOs 2026 (Ongoing Mainboard IPO List)
Stay updated with current Mainboard IPOs at BSE & NSE. Explore ongoing Mainboard IPOs, track live subscription status, issue size, price band, and key dates. Don't miss your chance to invest in high-growth companies before they list.
What is Current Mainboard IPO?
A current Mainboard IPO is an ongoing Initial Public Offering where a well-established company is offering its shares to the public before listing on the BSE or NSE. These IPOs allow companies to raise funds for expansion, debt repayment, or other business needs.
When a Mainboard IPO is open for subscription, investors can apply for shares through UPI or ASBA (Application Supported by Blocked Amount) via stockbrokers or banks. The IPO remains open for bidding for 3 to 5 days, during which retail investors, institutional buyers, and high-net-worth individuals place their bids.
Once the subscription period ends, shares are allotted based on demand. If an IPO is oversubscribed, allotment is done through a lottery system for retail investors. The shares are then credited to the Demat account before listing on the exchange. Tracking current Mainboard IPOs helps investors make informed decisions before the listing day.
Factors to Consider Before Investing in Current Mainboard IPO
Company’s Financial Health – Check revenue growth, profitability, debt levels, and balance sheet strength.
IPO Pricing & Valuation – Compare the IPO’s price band with industry peers to see if it's fairly priced.
Subscription Status – Higher demand, especially from QIBs (Qualified Institutional Buyers), indicates strong market confidence.
Grey Market Premium (GMP) – GMP trends provide insights into market sentiment before listing.
Use of IPO Proceeds – Ensure the company is using funds for growth and expansion, not just debt repayment.
Industry & Market Conditions – Favorable industry trends increase the chances of long-term gains.
Promoter & Management Quality – Strong leadership with a good track record adds credibility.
Past IPO Performance in Similar Sectors – Review how recent IPOs from the same industry have performed.
Post-IPO Lock-in Periods – Promoters and anchor investors have restricted selling periods that can affect stock movement.
Exit Strategy – Decide whether you’re investing for listing gains or long-term wealth creation before applying.
How to Apply for Current Mainboard IPOs?
Applying for a current Mainboard IPO is a simple process if you have a Demat account and a linked bank account. Follow these steps to participate in an ongoing IPO.
Step 1: Choose a SEBI-Registered Stockbroker
To apply for an IPO, you need a Demat and trading account with a SEBI-registered broker like Zerodha, Groww, Upstox, Angel One, or ICICI Direct. Ensure that your bank account is linked for fund transactions.
Step 2: Check IPO Details & Eligibility
Visit your broker’s platform or stock exchange websites (BSE/NSE) to review key IPO details such as issue size, price band, lot size, and subscription status. Make sure you meet the eligibility criteria for investing in the retail category.
Step 3: Select the IPO and Enter Bid Details
Log in to your broker’s app or website, navigate to the IPO section, and select the current Mainboard IPO you want to apply for. Enter the number of lots you wish to purchase and set the bid price. For higher chances of allotment, selecting the cut-off price is recommended.
Step 4: Choose Payment Method (UPI or ASBA)
You can apply using UPI or ASBA (Application Supported by Blocked Amount).
UPI Method: Enter your UPI ID while applying through your broker’s platform. Approve the payment request on your UPI app (Google Pay, PhonePe, Paytm) to block funds in your account.
ASBA Method: Apply through your bank’s net banking portal under the ASBA section. The required amount will be blocked in your account until the allotment process is completed.
Step 5: Check Subscription Status During IPO Period
IPO subscription remains open for 3 to 5 days. You can track the live subscription data on NSE or BSE to see investor demand across retail, institutional, and high-net-worth investor (HNI) categories.
Step 6: Wait for IPO Allotment Results
Once the subscription period closes, the company processes allotment based on demand. Retail investors can check their IPO allotment status on the registrar’s website (e.g., Link Intime, KFintech) using their PAN or application number. If allotted, shares are credited to your Demat account before listing.
Step 7: IPO Listing & Trading
After the allotment, shares are listed on BSE or NSE within a week. Investors can either sell on the listing day for potential gains or hold for long-term growth depending on market conditions.
Benefits of Investing in Current Mainboard IPOs
Opportunity to invest in high-growth companies before they are publicly traded.
Potential for listing gains if the IPO is in high demand.
Strict SEBI regulations ensure better transparency and investor protection.
Retail investors can apply at the cut-off price with small capital.
Higher liquidity compared to SME IPOs, making it easier to buy and sell shares.
Diversification by adding new sectors and emerging companies to your portfolio.
Early investment in companies with long-term growth potential.
Anchor investors bring stability by investing before public subscription.
Many successful Mainboard IPOs in 2024 delivered strong post-listing returns.
Dividend-paying companies offer additional income along with capital appreciation.
Risks of Investing in Current Mainboard IPOs
Market volatility can lead to sharp price swings after listing.
Some IPOs may list below the issue price, leading to immediate losses.
Oversubscription risk reduces chances of retail allotment.
GMP (Grey Market Premium) may not always reflect the actual listing price.
Overvaluation risk if the IPO is priced too high compared to industry peers.
Liquidity issues in stocks with low demand post-listing.
Regulatory and compliance risks that could affect future performance.
Promoter and early investor lock-in expiry may lead to price drops.
Changing market sentiment can impact stock price movements.
Short-term speculative trading can create artificial demand, leading to fluctuations.
FAQs on Current Mainboard IPOs
The minimum investment depends on the IPO’s lot size and price band, typically ranging from ₹12,000 to ₹15,000 for retail investors.
Yes, you can apply for multiple IPOs simultaneously if they are open for subscription. However, each application must be placed separately through your broker or bank.
If a Mainboard IPO is oversubscribed, the shares are allotted through a lottery system for retail investors. Oversubscription increases competition, making it harder to get shares.
If you don’t receive shares, the blocked amount is automatically refunded to your bank account.
Shares are credited one day before the listing date if you receive an allotment.
GMP refers to the unofficial market price at which an IPO’s shares are trading before listing. A high GMP suggests strong demand, but it does not guarantee actual listing performance.
Yes, if you receive an allotment, you can sell shares on the listing day through your broker’s platform.
Key factors include: Market conditions at the time of listing. Subscription demand and institutional investor interest. The company’s financials and industry trends.
Anchor investors are institutional investors who invest before the IPO opens to the public, boosting market confidence and providing stability.
Retail investors can sell immediately after listing, but anchor investors have a 30-day lock-in period before they can sell their shares.
A Mainboard IPO is usually open for 3 to 5 days before the subscription closes.
If an IPO is not fully subscribed, the company may extend the bidding period or withdraw the IPO.
Yes, NRIs (Non-Resident Indians) can apply using their NRE/NRO accounts linked to a Demat account.
Retail Investors (RII) – Individual investors with a small investment size (₹2 lakh or less). Non-Institutional Investors (NII) – High-net-worth individuals investing large amounts. Qualified Institutional Buyers (QIBs) – Institutional investors like banks and mutual funds.
Not all IPOs are profitable. Investors should analyze financials, subscription trends, and valuation before investing.
No, IPO investments involve market risks, and some stocks may list below their issue price.
Check the company’s financials, growth potential, and industry outlook. If the business has strong fundamentals, it may be a good long-term investment.
For retail investors, shares are allotted through a lottery system if the IPO is oversubscribed.
You can sell them on the listing day or hold them for long-term gains, depending on your investment strategy.