Current IPOs 2026 - Ongoing SME & Mainboard IPOs in India

Stay updated with ongoing IPOs in India! NiftyTrader provides real-time details on current IPOs, including issue price, lot size, subscription status, and trends. Make informed investment decisions and apply before the window closes.

Value 360 Communications IPO

Value 360 Communications IPO

SMELive
Issue Price₹98
Issue Size₹42 Cr
Open Date04 May 2026
Close Date06 May 2026
Lot Size1200 shares
Listing11 May 2026
Recode Studios IPO

Recode Studios IPO

SMELive
Issue Price₹158
Issue Size₹45 Cr
Open Date05 May 2026
Close Date07 Apr 2026
Lot Size800 shares
Listing12 May 2026
OnEMI Technology IPO

OnEMI Technology IPO

MAINBOARDLive
Issue Price₹171
Issue Size₹926 Cr
Open Date30 Apr 2026
Close Date05 May 2026
Lot Size87 shares
Listing08 May 2026
Bagmane REIT

Bagmane REIT

MAINBOARDLive
Issue Price₹100
Issue Size₹3,405 Cr
Open Date05 May 2026
Close Date07 May 2026
Lot Size
Listing15 May 2026

What Are Current IPOs?

Current IPOs refer to the Initial Public Offerings that are open for subscription right now or are recently listed on the stock market. These are active investment opportunities where investors can apply for shares before they start trading publicly.

In simple terms, Current IPOs, also known as Latest IPOs or New IPOs, are the most recent offerings by companies aiming to raise funds from the public. They attract both retail and institutional investors who want to participate in a company’s growth story from its early stage.

Why Investors Focus on Current IPOs

Investors closely track Current IPOs because they offer the first chance to buy shares of a promising company before its listing. Many investors participate hoping for listing gains - where the stock lists at a higher price than the issue price, generating quick returns.

At the same time, every IPO carries a degree of risk. The company’s valuation, market conditions, and investor sentiment all play a big role in how the IPO performs. That’s why experienced investors analyze each Recent IPO carefully before applying.

Important Terms Every Investor Should Know

Key IPO Terms and Their Meaning

Understanding basic IPO terminology helps investors make smarter decisions. Each term reveals key information about the IPO process and investment risk.

TermMeaning / Importance
Subscription StatusShows investor demand (e.g. 10× subscribed means 10 times more bids than shares available).
Allotment DateDate when IPO shares are allocated to investors.
Listing DateThe first day when shares trade on the stock exchange.
Lock-up PeriodThe time promoters and early investors must hold their shares before selling.
Price BandThe range within which investors can bid during the IPO.
GMP (Grey Market Premium)Indicates expected listing performance based on unofficial market demand before the IPO lists.

Importance of GMP (Grey Market Premium) in Current IPOs

The Grey Market Premium (GMP) plays a crucial role in helping investors gauge the expected listing price of a Current IPO. GMP represents the premium amount at which shares of an upcoming IPO are traded unofficially before their official listing.

For example, if a company’s issue price is ₹100 and its GMP is ₹50, investors expect the stock to list around ₹150. A high GMP often signals strong investor demand and optimism toward the Latest IPO, while a negative or low GMP may indicate weak market sentiment.

However, investors should use GMP only as an indicator - not as a guarantee of listing gains - since grey market trades are unofficial and driven by speculation.

Monitoring GMP trends helps investors decide whether to apply for a New IPO or wait for better opportunities.

How to Evaluate a Current IPO Before Investing

Key Factors to Review Before Applying

Before investing in any Recent IPO, analyze the company’s financial statements, business model, and competitive strengths. Reading the prospectus gives insights into how the company plans to use the IPO proceeds and what risks are involved.

Also, keep an eye on subscription data - strong interest from Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) often signals confidence in the issue. Combine this with GMP trends and overall market conditions for a balanced evaluation.

Benefits and Risks of Investing in Current IPOs

Benefits

Investing in Current IPOs allows you to participate in a company’s growth journey from its beginning. It offers the potential for strong listing gains, long-term wealth creation, and portfolio diversification.

Risks:

On the flip side, IPOs can be volatile. The company might not perform as expected after listing, and the stock could list below the issue price. Some New IPOs may also lack financial history, making them harder to evaluate. Hence, research and risk management are key before applying.

Expert Tips for Investing in Current IPOs

Investing in Current IPOs requires smart analysis and disciplined decision-making. With hundreds of Latest IPOs and New IPOs launching every year, investors should focus on fundamentals rather than hype. Always review the company’s business model, valuation, and financial health before applying. Keep an eye on GMP (Grey Market Premium), subscription trends, and market sentiment to estimate potential listing gains.

Smart Strategies for IPO Investing

  • Research the company’s business model and competitive edge before applying.

  • Track GMP, subscription data, and analyst reviews regularly.

  • Avoid applying purely based on hype or social media trends.

  • Diversify across sectors and avoid investing all funds in a single IPO.

  • Always apply through reliable brokerage platforms for safety and transparency.

Relevant Pages You’d Like to Check:

FAQs About Current IPOs

Current IPOs are live and open for investors to apply, while Upcoming IPOs are announced but not yet available for subscription. In other words, Current IPOs are active opportunities, whereas Upcoming IPOs are future prospects awaiting launch or regulatory approval.

Investors watch the GMP of a New IPO because it gives an early idea of market demand and potential listing gains. Although unofficial, a rising GMP often indicates positive investor sentiment and higher expected listing prices. Still, it should be treated as a market sentiment indicator - not a guaranteed profit signal.

Subscription trends show how much interest different investor categories (like QIBs, NIIs, and retail investors) have in an IPO. Heavy oversubscription, especially from institutional buyers, often suggests strong fundamentals and increases the chances of a positive listing. Weak subscription, however, can signal limited confidence.

SME IPOs often belong to smaller, high-growth companies, while Mainboard IPOs are from larger, established firms. SME IPOs can offer higher returns but come with higher risks and lower liquidity. Mainboard IPOs usually provide more stability, stronger brand value, and better post-listing visibility.

Yes, investors can apply for multiple Current IPOs simultaneously, provided they have sufficient funds in their bank account. However, each IPO requires a separate ASBA application. It’s smart to diversify but avoid overextending your capital across too many offerings at once.

Valuation determines whether an IPO is fairly priced or overvalued. Always compare P/E ratio, EPS, and industry peers before investing. Many Latest IPOs appear attractive because of market buzz, but overpriced issues may struggle post-listing despite strong subscription numbers.

Not necessarily. While oversubscription often reflects strong demand, it doesn’t guarantee listing gains. Some Recent IPOs open below their issue price due to poor market sentiment or overvaluation. Always check financials, market mood, and GMP trends before applying.

New investors should start with Mainboard IPOs of reputed companies and apply through trusted online brokers or banks (ASBA process). Reading the RHP (Red Herring Prospectus) and tracking subscription data helps understand company strength and market confidence before applying.

If you don’t receive an allotment, your blocked funds are automatically released back to your bank account. You can then use the same funds to apply for other Current or Upcoming IPOs. Many investors use this strategy to participate in multiple IPOs during high-activity months.

Tracking the listing performance of Current IPOs helps investors analyze market reactions, post-listing volatility, and long-term potential. Even after allotment, price movements on listing day reveal how well the issue was received by the broader market, guiding future investment choices.