Letās take a deep dive into this month’s IPO calendar, including Meesho, Vidya Wires, Revelcare, Neochem Bio, and ScaleSauce, which are scheduled for January 2026 IPOs. This IPO month considered both SME and Mainboard with a satisfactory aim of IPO money utilisation.
Below is a list of upcoming IPOs, along with their tentative dates and other key details to help you stay informed.
| Company IPO | Opening Date | Closing Date | Type of IPO | IPO Size | Price Band |
| Modern Diagnostic | December 31 | January 2 | SME | ā¹37 Cr. | ā¹85 to ā¹90 |
| Gabion Technologies | January 6 | January 8 | SME | ā¹29 Cr. | ā¹76 to ā¹81 |
| Yajur Fibres | January 7 | January 9 | SME | ā¹120 Cr. | ā¹168 to ā¹174 |
| Victory Electric Vehicles | January 7 | January 9 | SME | ā¹35 Cr. | ā¹41 |
| Defrail Technologies | January 9 | January 13 | SME | ā¹- Cr. | ā¹- to ā¹- |
| Bharat Coking Coal | January 9 | January 13 | Mainboard | ā¹1071.1 Cr. | ā¹21 to ā¹23 |
| Avana Electrosystems | January 12 | January 14 | SME | ā¹35 Cr. | ā¹56 to ā¹59 |
| Narmadesh Brass | January 12 | January 15 | SME | ā¹45 Cr. | ā¹515 |
| INDO SMC | January 13 | January 15 | SME | ā¹92 Cr. | ā¹141 to ā¹149 |
| Amagi Media Labs | January 13 | January 16 | Mainboard | ā¹1789 Cr. | ā¹343 to ā¹361 |
| GRE Renew Enertech | January 13 | January 16 | SME | ā¹40 Cr. | ā¹100 to ā¹105 |
| Armour Security | January 14 | January 19 | SME | ā¹27 Cr. | ā¹55 to ā¹57 |
| Aritas Vinyl | January 16 | January 20 | SME | ā¹38 Cr. | ā¹40 to ā¹47 |
| Digilogic Systems | January 20 | January 22 | SME | ā¹81 Cr. | ā¹98 to ā¹104 |
| Shadowfax | January 20 | January 22 | Mainboard | ā¹1907.27 Cr. | ā¹118 to ā¹124 |
| KRM Ayurveda | January 21 | January 23 | SME | ā¹77 Cr. | ā¹128 to ā¹135 |
| Shayona Engineering | January 22 | January 27 | SME | ā¹[.] Cr. | ā¹- to ā¹- |
| Hero Fincorp | TBA | TBA | TBA | TBA | TBA |
| Hero Motors | TBA | TBA | TBA | TBA | TBA |
| Priority Jewels | TBA | TBA | TBA | TBA | TBA |
Modern Diagnostic IPO
The Modern Diagnostic IPO opening date is December 31, 2025, and the closing date is January 2, 2026. Moreover, the IPO has an issue size of ā¹37 crores with a fresh issue. The face value is ā¹10 each. The IPO price band is ā¹85 to ā¹90 per share.
Gabion Technologies IPO
Gabion Technologies’ IPO is opening from January 6, 2026, and will close on January 8, 2026. Further, the IPO has an issue size of ā¹29 crores with the fresh issue. The face value of ā¹ 10 each, and the price band has been set at ā¹76 to ā¹81 per share.
Yajur Fibres IPO
Yajur Fibres IPO is opening from January 7, 2026, and closing on January 9, 2026. Moreover, the IPO has an issue size of ā¹120 crores through a fresh issue with a face value of 10 each. Yajur Fibres IPO price band is ā¹168 to ā¹174 per share.
Victory Electric Vehicles IPO
Victory Electric Vehicles’ IPO opens from January 7, 2026, to January 9, 2026. The company plans to raise around ā¹35 crores via IPO, consisting of a fresh issue of ā¹35 crores with a face value of ā¹5 each.
Victory Electric Vehicles’ IPO price band is ā¹41 per share.
Defrail Technologies IPO
Defrail Technologies’ IPO is scheduled to open on January 9, 2026, and will close on January 13, 2026. Defrail Technologies IPO is a Book Build Issue. Further, the IPO issue size is 14 Cr via fresh issue, and the price band has set at ā¹70 to ā¹74 per share.
Avana Electrosystems IPO
Avana Electrosystems IPO is opening from January 12, 2026, and closing on January 14, 2026. Further, the IPO has an issue size of ā¹35 crores, wherein the fresh issue of ā¹33 crores and offer for sale up to 7,94,000 equity shares with a face value of ā¹10 each.
Avana Electrosystems’ IPO price band is ā¹56 to ā¹59 per share.
Narmadesh Brass IPO
Narmadesh Brass IPO is opening from January 12, 2026, to January 15, 2026. The issue size of this IPO is ā¹45 crores via IPO that comprises a fresh issue of ā¹36 crores and offer for sale up to 1,70,400 equity shares with face value of ā¹10 each. Further, the price band is ā¹515 per share.
INDO SMC IPO
INDO SMC IPO is opening for subscription from January 13, 2026, to January 15, 2026. Moreover, the IPOās issue size is ā¹92 crores fresh issue of ā¹92 crores with a face value of ā¹10 each. Further, the IPOās price band is ā¹141 to ā¹149 per share.
Amagi Media Labs IPO
Amagi Media Labs IPO will open on January 13, 2026, and close on January 16, 2026. It is a book-built issue through which the company plans to raise around ā¹1,789 crore, including a fresh issue of ā¹816 crore and an offer for sale of up to 2,69,42,343 equity shares with a face value of ā¹5 each. The IPO price band is ā¹343 to ā¹361 per share.
GRE Renew Enertech IPO
The GRE Renew Enertech IPO will open on January 13, 2026, and it will close on January 16, 2026. Moreover, the IPO has an issue size of ā¹40 crore, via fresh issue, along with the face value of ā¹10 each.
Armour Security IPO
Armour Security IPO will open on January 14, 2026, and close on January 19, 2026. It is a book-built issue through which the company plans to raise around ā¹27 crore via a fresh issue of shares. The IPO price band is ā¹55 to ā¹57 per share, with a face value of ā¹10 each.
Aritas Vinyl IPO
Aritas Vinyl IPO is opening from January 16, 2026, to January 20, 2026. Further, the IPOās issue size is ā¹38 crores via fresh issue and OFS. In this IPO, the fresh issue of ā¹33 crores and offer for sale up to 9,84,400 equity shares with face value of ā¹10 each. Aritas Vinyl IPO price band is ā¹40 to ā¹47 per share.
Digilogic Systems IPO
Digilogic Systems IPO will open on January 20, 2026, and close on January 22, 2026. It is a book-building issue. The company plans to raise about ā¹81 crore through the IPO, which includes a fresh issue of ā¹69.68 crore and an offer for sale of up to 10,89,600 shares, each with a face value of ā¹2. The price band for the IPO is ā¹98 to ā¹104 per share.
Shadowfax Technologies IPO
Shadowfax Technologies’ IPO will open on January 20, 2026, and close on January 22, 2026. It is a book-building issue. The company plans to raise around ā¹1,907 crore, which includes a fresh issue of ā¹1,000 crore and an offer for sale of up to 7,31,66,935 shares, each with a face value of ā¹10.
The price band for the IPO is ā¹118 to ā¹124 per share.
KRM Ayurveda IPO
KRM Ayurveda IPO will open on January 21, 2026, and close on January 23, 2026. This IPO is a book-building issue. The company plans to raise about ā¹77 crore, entirely through a fresh issue of shares. A face value of ā¹10. Each share.Ā The price band for the IPO is set between ā¹128 and ā¹135 per share.
Hero Fincorps IPO
Hero Fincorps IPO is planned for JanuaryāÆ2026 (exact dates to be announced). Itās a bookābuilt IPO aiming to raise about ā¹3,668āÆcrore, including a fresh issue of ā¹2,100āÆcrore and the rest through an offer for sale by existing shareholders. The shares will have a face value of ā¹10 each, and the IPO opens and closes in 2026.
Hero Motors IPO
Hero Motorsā IPO is planned for 2026. Itās a book-built IPO to raise about ā¹1,200āÆcrore, including a fresh issue of ā¹800āÆcrore and an offer for sale by existing shareholders. Each share has a face value of ā¹10.
Priority Jewels IPO
Priority Jewels IPO plans a book-built IPO in 2026. Shares will list on BSE and NSE, with final details in the Red Herring Prospectus. The rest of the details are yet to be announced.
