Sify Infinit
Sify Infinit, one of the leading data centre colocation services providers, gained the approval from SEBI to launch its ₹3700 crore IPO. The company filed its DRHP on Oct 16, 2025, and received SEBI approval on January 23, 2026. This IPO comprises a fresh issue of ₹2500 crore and an OFS of ₹1200 crore.
Sify Infinit, a subsidiary of the ICT giant Sify Technologies, runs 14 operational colocation data centers across 6 cities in India. No other data provider company has listed on the Indian Stock exchanges; this would be the first. Financially, as of June 2025, the company has reported a revenue of ₹398.59 crore and a profit of ₹13.63 crore, respectively.
Hella Infra Market (Infra.Market)
Hella Infra Market, widely known as Infra.Market, also received the green signal from SEBI on January 23, 2025, to launch its IPO. Infra Market is a prominent construction solution company that offers a range of building materials and products in India. Infra.Market started its business in 2016 by entering the ready-mix concrete, aggregates, and construction chemicals.
The company filed its DRHP via a pre-filing route on 14 October 2025, leaving the exact size of the IPO in suspense. As per IPOcentral, we can expect the size of the IPO to be around ₹3,000 crore to ₹4,000 crore.
Jay Jagdamba
Jay Jagdamba, a manufacturer and exporter of stainless steel and engineering products, acquired SEBI’s nod as well. They produce a wide range of stainless steel products, such as billets, ingots, black round bars, rolled bars, and bright bars in various shapes.
The company had submitted its Draft papers via the confidential route on 30 June 2025 and got approval on Jan 23, 2026, to launch its Initial Public Offering (IPO). Major details like IPO Size, date, and price have not been announced yet. As per the IPOCentral report, through this issue, the company will be planning to exit the existing shareholders and will use the funds to expand its manufacturing facilities in Maharashtra.
Transline Technologies
Another one of the most awaited IPO in the list is Transline Technologies, which filed its DRHP on 7 August 2025, and received a nod on Jan 22, 2026, to launch its IPO. Founded in 2001, Transline Technologies specializes in security and surveillance systems, biometric solutions, and AI-driven software products.
As per the DRHP, this issue comprises solely an Offer for Sale component of 1.62 crore shares, meaning the shareholders will exit the company, and funds will not go to the company’s growth. The exact IPO date, price, and size have yet to be announced by the company.
UKB Electronics
One of the leading integrated electronic manufacturing services (“EMS”) providers, UKB Electronics, will soon be hitting the IPO market with its ₹800 crore IPO. They serve top OEMs like LG, Panasonic, Carrier, Midea, and Haier. UKB Electronics submitted its draft papers on Sep 1, 2025, and got approval from SEBI on January 23, 2026, to launch its IPO (Initial Public Offering). According to the DRHP, this IPO includes both a fresh issue of ₹400 crores and an OFS of ₹400 crores as well. Financially, in FY25, the company reported a total income of ₹790.41 crore and PAT of ₹46.02 crore, respectively.
CMR Green
In the 6th’s IPO approvals list, we have CMR Green, which is a india’s largest producer of Zinc and Aluminium. Founded in 2008, the company filed its draft papers on 29 August 2025 and obtained the SEBI nod on January 22, 2026. As per the DRHP, this issue consists only of an Offer-for-Sale component of ₹4.29 crore shares, meaning the promoter will sell their stake.
Its product portfolio includes Aluminum Alloy (Liquid), Aluminum Alloy (Ingot), Aluminium Billets, Zinc Alloy, and Stainless Steel recycling. They use advanced technology to recycle aluminium, without losing its quality, making it a preferable choice for sustainable industrial use.
Purple Style Labs
One of the leading companies, “Purple Style Labs,” received approval for an IPO. The IPO will be a ₹660 crore fresh issue. It filed DRHP on September 22, 2025, and got the approval on January 23, 2026. Moreover, Axis Capital is the lead manager.
The company is a well-known name in India’s luxury fashion space and has a strong presence in designer wear.
Oswal Cables
Oswal Cables, a major player in the power transmission and distribution sector, has also received IPO approval. Furthermore, the issue includes a ₹300 crore fresh issue and an offer for sale of 2.22 crore shares. Oswal Cables filed its DRHP on September 30, 2025, and got approval on January 19, 2026.
Pantomath Capital Advisors is the coordinating lead manager.
BVG India
BVG India, which is part of the Bharat Vikas Group, has received approval for its IPO comprising a ₹300 crore fresh issue and an offer for sale of 2.85 crore shares.
BVG is one of India’s largest facility management companies, offering services such as housekeeping, facility operations, and emergency services like the 108 ambulance service.
Pride Hotels
Pride Hotels is in IPO list with SEBI approval. The issue includes a ₹260 crore fresh issue and an offer for sale of 3.92 crore shares, with the total issue size estimated at around ₹1,000 crore.
The fresh funds will be used to renovate existing hotels and develop new properties in popular tourist locations. Pride Hotels filed its DRHP on September 30, 2025, and received approval on January 16, 2026. Motilal Oswal Investment Advisors is the lead manager.
Sai Parenteral
Sai Parenteral received approval for its IPO, which includes a ₹285 crore fresh issue and an offer for sale of 0.35 crore shares.
The company manufactures injectables for global pharma companies and also sells its own generic products. Sai Parenteral filed its DRHP on September 30, 2025, and got approval on January 21, 2026. Arihant Capital is the coordinating lead manager.
Commtel Networks
Commtel Networks, a specialized technology company, has also received IPO approval. The issue includes a ₹150 crore fresh issue and an offer for sale worth ₹750 crore. The company provides telecom and surveillance solutions for critical sectors such as oil & gas, power, and railways.
The IPO proceeds will be used to boost R&D and expand internationally, especially in the Middle East and North America. Commtel filed its DRHP on September 29, 2025, and received approval on January 22, 2026. Equirus Capital is managing the issue.
Medicap Healthcare
Medicap Healthcare is involved in the pharmaceutical packaging sector, focusing on pharmaceutical closures, Euro Head caps, and bottle preforms has also gained SEBI’s approval. The company filed its DRHP on 22 September, 2025 and gained the SEBI approval on January 23, 2026.
As per the draft papers, the issue comprises only a fresh issue of ₹240 crore with no OFS component. Means the funds raised from the issue will be used towards the company’s expansion and growth.
