Upcoming IPO with Shareholders Quota in 2026

Shareholder quota means that when a new company launches an IPO, it indicates that it already holds some positions in the Parent company. Moreover, if investors have purchased stock of the parent company, they would get two categories for IPO.

To apply IPO with shareholder quota, one must have the parent company’s share in their demat account before applying for IPO. Check out the list of upcoming IPOs with shareholders' quotas in 2026.

Upcoming IPO with Shareholders Quota

Subsidiary IPO Name Parent Company SEBI IPO Status
Bharat Coking Coal Limited (BCCL)Coal India9-13 Jan, 2026
Asirvad Micro FinanceManappuram FinanceSEBI Approval Received
Belstar MicrofinanceMuthoot FinanceIPO Approved
SIS Cash ServicesSIS LimitedIPO Approved
Prestige Hospitality VenturesPrestige EstatesIPO Approved
Hero FinCorpHero MotoCorpIPO Approved
Greaves Electric MobilityGreaves CottonIPO Approved
EAAA India AlternativesEdelweiss Financial ServicesDRHP filed
CredilaHDFC BankDRHP awaited
SBI Funds ManagementSBIDRHP filed
Central Mine Planning And Design Institute (CMPDI)Coal India20-24 March, 2026
ILJIN ElectronicsAmber EnterprisesDRHP awaited
SJVN Green EnergySJVNDRHP awaited
Tata Passenger Electric MobilityTata MotorsDRHP awaited
Reliance RetailReliance IndustriesDRHP awaited
Gretex Share BrokingGretex Corporate ServicesDRHP awaited
Reliance JioReliance IndustriesDRHP awaited
LIC Mutual FundLICDRHP awaited
NHPC RenewableNHPCDRHP awaited
ONGC GreenONGCDRHP awaited
SBI Mutual FundSBIDRHP awaited
HDFC ErgoHDFC BankDRHP awaited
Kotak AMCKotak Mahindra BankDRHP awaited
Bajaj EnergyBajaj Hindusthan SugarDRHP awaited
Bajaj Allianz Life InsuranceBajaj FinservDRHP awaited
Bajaj Allianz General InsuranceBajaj FinservDRHP awaited
Reliance General InsuranceReliance CapitalDRHP awaited
Axis AMCAxis BankDRHP awaited
Jeevansathi.comInfo EdgeDRHP awaited
Advanta EnterprisesUPLDRHP filed

What is the Shareholder Quota in IPOs?

With the help of a subsidiary company, stakeholders could apply to be listed companies. This is called the parent company.  Moreover, a parent company can be, when holding 50% of the partnership, a listed company. 

To cite an example, ABC company is the parent company of XYZ (50%) partnership, called the parent company. Moreover, XYZ is going to be listed on NSE and BSE emerge, wherein investors must have 1 share of ABC in order to apply by shareholder quota. 

Who Can Apply Under the Shareholder Category in IPOs?

HNI investors, retail investors, and employees of the parent company can apply for the shareholder quota in an IPO if they hold at least one share of the parent company on the record date. The record date is typically when the Red Herring Prospectus (RHP) is filed. It’s important to note that the parent company’s shares must be in the investor’s demat account on the record date. Since India follows a T+2 settlement cycle, investors need to buy the shares at least two days before the record date to be eligible.

5 Responses

  1. Can non-individuals like Private limited companies or Partnership firms who are shareholders of the parent company apply for Share holder quota in an IPO.

  2. The question of who can apply under shareholders’ quota in an IPO is being subjected to different interpretations. Some say one should own shares on the date the DRHP is filed while some others say it should on a record date notified for that. Now, which is actually correct?

    1. Hi Yegya,

      Example if A company IPO is coming up and B company shared to be in your demat account and the Record date is X. Then you should have atleast 1 share in your demat account before X date to apply in Share Holder, Retail/HNI both quota.

    2. Record Date is the final meaning at End of that Day one should have the share in Demat Account credited
      Atleast 1

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