India’s IPO landscape is gearing up for yet another explosive phase of growth. Following a wave of successful listings in 2024-25, a new lineup of companies has confidentially filed draft IPO documents with SEBI — signaling big plans to tap public capital in 2026 and beyond. These confidential filings range from multi-thousand crore mega deals to mid-cap strategic offerings, spanning sectors such as clean energy, technology, infrastructure, steel manufacturing, hospitality and quick commerce. This exclusive preview highlights the latest confidential IPO entrants, with issue size estimates researched where available from news and regulatory sources.
1. Avaada Electro Limited
DRHP File Date: 20 Oct 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size: ₹9,000 cr to ₹10,000 cr — Avaada Electro is aiming to raise this through its upcoming IPO, potentially making it one of the largest solar-manufacturing listings in India.
Avaada Electro, backed by Brookfield and GPSC (PTT Group), is a major solar PV module manufacturer. The company plans to use proceeds to expand manufacturing capacity across Uttar Pradesh and Maharashtra.
2. AITMC Ventures Limited
DRHP File Date: 30 Oct 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size:Not publicly disclosed yet
3. Eastman Auto & Power Limited
DRHP File Date: 09 Dec 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size: ₹1,800 cr – ₹2,000 cr — Reports indicate the energy-transition and power-electronics company is planning an IPO in this range.
Eastman Auto & Power operates across solar, battery storage, power electronics, and e-mobility segments, supplying products like batteries, chargers, and inverters.
4. Jakson Green Limited
DRHP File Date: 26 Dec 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size:Not publicly disclosed yet
5. Zepto Limited
DRHP File Date: 02 Jan 2026 Type of Issue: Pre-filing (Confidential) Estimated IPO Size: ~₹11,000 cr (approx US$1.2–1.3 billion) — Multiple reports say Zepto has confidentially filed for a large-scale IPO aiming to raise about ₹11,000 crore.
Zepto is one of India’s fastest-growing quick-commerce platforms, competing with Blinkit and Instamart, and has converted to a public entity ahead of its IPO.
6. Anjali Labtech Limited
DRHP File Date: 06 Oct 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size: ~₹1,200 cr
7. Jainam Broking Limited
DRHP File Date: 07 Oct 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size:Not publicly disclosed (Brokerage firm — no public size data yet due to confidential status.)
8. Oravel Stays Limited
DRHP File Date: 01 Jan 2026 Type of Issue: Pre-filing (Confidential) Estimated IPO Size: ₹6,650 cr — Parent of OYO rebranded as PRISM filed confidentially for this size IPO. (Oravel Stays — parent of OYO Hotels & Homes — may disclose size once RHP is made public.)
9. Jay Jagdamba Limited
DRHP File Date: 30 June 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size:Not publicly disclosed
Jay Jagdamba operates in alloy and stainless steel manufacturing.
10. Hella Infra Market Ltd.
DRHP File Date: 14 Oct 2025 Type of Issue: Pre-filing (Confidential) Estimated IPO Size: ~₹5,000 cr — Hella Infra Market has reportedly filed for an IPO of around ₹5,000 crore via the international route as part of its planned capital raise strategy in the infrastructure materials sector.
Confidential filings allow companies to file IPO paperwork with SEBI without publicly disclosing all details immediately. Final issue sizes and price bands will be revealed when Updated Draft Red Herring Prospectus (DRHP) or Red Herring Prospectus (RHP) is made public. Among these, Zepto (~₹11,000 cr) and Avaada Electro (~₹9,000-10,000 cr) are two of the largest expected IPOs currently in confidential mode. Mid-sized offers like Eastman Auto & Power (₹1,800-2,000 cr) and Anjali Labtech (~₹1,200 cr) add diversification in sector representation
The year ahead promises a dynamic IPO season — driven by confident issuers, sophisticated investors, and evolving market trends. While confidential filings mean precise details like price bands and launch dates are yet to be released, the pipeline reflects strong corporate confidence and investor appetite for new public offerings. Whether you’re a seasoned investor or a first-time applicant, staying updated on these confidential filings will help you anticipate opportunities, prepare for allotments, and align your investment strategy ahead of the next big wave on India’s IPO street.
1 thought on “Confidential IPO Filings in India: Upcoming ₹40,000+ Crore Listing Pipeline”
1 thought on “Confidential IPO Filings in India: Upcoming ₹40,000+ Crore Listing Pipeline”