Upcoming IPO

About IPO

An initial public offering, or IPO, is a process through which a company offers shares to the public for the first time in order to raise funds. The company may use the funds for various purposes, such as expansion, buying machinery, repaying debt, etc. Post-IPO, the company gets listed on the designated stock exchange, such as BSE, NSE, or both.

What is an Upcoming IPO?

An upcoming IPO is one that is yet to open for subscription. In other words, it’s a public issue that’s in the regulatory pipeline but is not yet open for bidding.

Who Can Invest in Upcoming IPOs?

The following category of investors can invest in upcoming IPOs:

• Retail Individual Investors

Retail individual investors are investors who bid for shares in an IPO for a value not more than ₹2 lakhs. Their investment amount is small compared to qualified institutional buyers and non-institutional investors.

• Non-institutional Investors

Non-institutional investors, or NIIs, are another category of IPO investors. They comprise resident individuals, corporations, academic institutions, trusts and societies, among others. NIIs invest more than ₹2 lakhs in an IPO.

• Qualified Institutional Buyers

Qualified institutional buyers (QIBs) are big institutions. These can be scheduled commercial banks, insurance companies registered with IRDAI, foreign venture capital investors, mutual funds, state industrial development corporations, etc.

• Employees

In many IPOs, a fixed percentage of the shares are allotted for the employees working in the organisation. The employee category exists to reward employees who work for the company’s growth.

• Anchor investors

Anchor investors are QIBs who are allotted shares in an IPO a day before the IPO opens for subscription for other categories of investors.

Upcoming IPOs in India in 2026

Here’s the list of some of the most anticipated upcoming IPOs in 2026:

Upcoming Mainboard IPOs

1. NSE IPO

2. Zepto IPO

3. Reliance Jio IPO

4. Flipkart IPO

5. PhonePe IPO

6. PayU IPO

7. Snapdeal IPO

8. Milky Mist Dairy Food IPO

9. Duroflex IPO

10. Oyo IPO

11. Kent RO Systems IPO

12. Bajaj Energy IPO

How to Apply in an Upcoming IPO Online?

To apply for an upcoming IPO online:

• Choose the IPO you want to invest in that aligns with your goals.
• Log in with your credentials at your broker’s website or app.
• Select the IPO from the list available in the IPO section.
• Enter the number of lots and the price you wish to apply for.
• Enter your UPI ID and click on ‘Submit’.
• Approve the mandate received on your UPI to submit your application.

How to Apply for an IPO on Kotak Neo

Applying for an IPO is simple if you have the required accounts in place. You can apply using UPI or ASBA through the Kotak Neo app or website.

Before you apply, make sure you have:

• A Kotak Neo account linked to your Demat account
• An active bank account
• A valid UPI ID (for UPI-based applications)

Method 1: Apply via Kotak Neo App

The Kotak Neo app allows you to discover, evaluate, and apply for IPOs in just a few steps.

1. Log in to the Kotak Neo app.
2. Navigate to the Investment products section on the home screen and select IPO.
3. Browse the list of live and upcoming IPOs.
4. Select the IPO you wish to apply for.
5. Review all the necessary information such as the company details, price range, issue size, and subscription details.
6. Click Apply for IPO.
7. Select the investor category, required quantity and bid price.
8. Click on Continue and proceed to the payment screen to choose your preferred payment method: - UPI: Enter your valid UPI ID and proceed. - ASBA: Select ASBA (One Click Pay) to block funds directly in your linked bank account.
9. Click Confirm and Pay.

Note: If you have selected UPI, approve the UPI mandate request in your UPI app to complete the application process.

Method 2: Apply via Kotak Neo Website

Steps:

1. Log in to your Kotak Neo account.
2. Navigate to the IPO section.
3. Browse the list of available IPOs and select the issue you wish to apply for.
4. Review key details such as the price range, lot size, issue size, bidding dates, and subscription information.
5. Click Apply for IPO.
6. Select the investor category, required quantity and bid price.
7. Click Continue.
8. Choose your preferred payment method: - UPI: Enter your UPI ID and proceed. - ASBA: Select ASBA (One Click Pay) to block funds directly in your linked bank account.
9. Accept the Terms & Conditions.
10. Click Confirm and Pay.

Note: If you have selected UPI, approve the mandate request in your UPI app to complete the application process.

Important Things to Know Before Applying for Upcoming IPOs

• Funds Are Blocked, Not Debited: The application amount is only blocked in your bank account, not debited. It is debited only if shares are allotted to you.

• UPI Mandate Approval Deadline: You must approve the UPI mandate request before 5 PM on the IPO closing day.

• Allotment Process: If you receive an allotment, the blocked amount is debited. If you do not receive shares, the blocked amount is released back to your account.

Why Invest in Upcoming IPO Through Kotak Neo?

Applying in upcoming IPOs through Kotak Neo gives you multiple advantages. You can get information about all the IPOs in one place, along with market insights, charting tools, and research support, among others. All of these insights can help you make smart decisions.

Also, technologically advanced, the Kotak Neo app helps you seamlessly place your bid for your chosen IPO. It also allows you to track your application, listing gains, etc.