The Pipeline
SEBI has received DRHPs from over 40 companies targeting FY27 listings, with a combined estimated fundraising target of ₹80,000–1,00,000 crore. Sectors represented include fintech, defence, consumer brands, clean energy, and healthcare.
Notable Names
Several large PE-backed consumer brands and a couple of digital financial services companies are expected to list in Q1–Q2 FY27. One defence electronics company and a domestic airline have also filed, which are likely to attract significant retail interest given their brand familiarity.
What Retail Investors Should Do
IPO grey market premiums are speculative and unreliable — don't use them as a valuation guide. Read the DRHP for: (1) the use of proceeds — is the company growing or are promoters cashing out? (2) the competitive landscape section; (3) the risk factors, which are often the most honest part of any prospectus. Apply in the non-institutional investor category to improve allotment odds on genuine opportunities.