India’s public market boom in 2026: the Zepto IPO and other future IPOs

The year 2026 is going to be a big one for Indian IPOs, and Zepto IPO will be the first of many new IT businesses to go public. As swift commerce grows quickly, Zepto’s forthcoming listing shows how the startup environment is growing up. With a strong pipeline of potential IPOs from fintech, e-commerce, and traditional heavyweights, investors may expect big chances and market momentum all year long.

Zepto IPO
In December 2025, . Aadit Palicha and Kaivalya Vohra secretly filed their Draft Red Herring Prospectus (DRHP) with SEBI and got in-principle clearance. As of April 2026, pre-IPO roadshows are in full swing.

The company wants to raise ₹11,000–12,000 crore ($1.2–1.3 billion), mostly through a new issuance, and plans to list in June or July 2026 (maybe even in Q3). Zepto has about 1,000 dark stores, fills more than 1.7 million orders every day, and has cut down on cash burn a lot—EBITDA losses dropped considerably in early 2026. It is trying to get institutional investors to buy into its plans for profitability by FY29. The IPO money will help the company grow, improve its technology, and make its supply chain more efficient, all while facing competition from Blinkit and Instamart. The company was last valued at about $7 billion.

The Story of Zepto’s Growth
With a focus on hyperlocal delivery and high operational efficiency, Zepto has changed the game in the 10-minute delivery area. A lot of dark establishments are already making more money than they spend. Investors like General Catalyst, Nexus Venture Partners, and CalPERS have given it a lot of support, which shows that they believe in its approach.

Important Upcoming IPOs
The prospective IPOs pipeline for 2026 is very robust, and it could raise more than ₹3 lakh crore in total.

PhonePe: The huge fintech company is getting ready to go public in early to mid-2026, with a possible value of $15 billion. It has filed secret paperwork and could collect about ₹12,000 crore, mostly through Offer for Sale (OFS).
Flipkart, the largest online retailer owned by Walmart, is moving to India and plans to go public with a valuation of $60–70 billion, making it one of the biggest IPOs of the year.
OYO (PRISM): The hotel chain has filed paperwork for up to ₹6,650–8,000 crore, with the goal of making travel-tech profitable again.
Reliance Jio: A possible huge IPO might be one of the biggest ever, giving India’s telecom and digital services giant a lot of value.
Others include the National Stock Exchange (NSE), Moneyview, Truhome Finance, boAt, and a number of small and medium-sized business (SME) listings that add depth. Other areas, like fintech, logistics, and renewables, will also see action.

End
The year will be a big change for India’s primary market because Zepto’s IPO is on track for mid-2026 and there are many more future IPOs coming soon. These listings not only give founders and early investors cash flow, but they also let the public get involved in high-potential areas.