Remember that timelines may shift based on market conditions. Still, these names are widely watched and often discussed in investment circles.

  • Ola Electric: A major EV manufacturer preparing to scale production and expand its product lineup. The IPO is expected to draw strong interest from investors who believe in India’s EV future.

  • Swiggy: One of India’s largest food delivery platforms, now profitable in certain units. Its growth in quick commerce could make this IPO one of the biggest consumer tech listings.

  • Oyo: After multiple rounds of restructuring, Oyo is now focusing on profitability. Its IPO will attract investors tracking travel, hospitality, and asset-light models.

  • PhonePe: A leading fintech player handling billions of monthly transactions. Its dominance in digital payments and UPI services makes this listing highly anticipated.

  • FirstCry: A major baby-care and kids’ products marketplace. Strong brand recall and offline expansion could add momentum to the IPO.

  • BYJU’S (contingent): Although restructuring is ongoing, the market still watches its potential listing because it remains a major edtech brand.

How Investors Evaluate These IPOs?

Most investors begin by checking the company’s revenue model, customer base, and long-term profitability. Tech IPOs are attractive when they combine strong growth with reduced cash burn. Investors also study the company’s sector outlook. For example, EVs depend on policy support, fintech relies on regulation, and e-commerce rides on consumption trends.

Valuation is another major factor. If a company seeks a premium without matching performance, investors tend to wait. On the other hand, explore IPO applications for the companies with stable cash flow or improving margins often see higher subscription. Reading analyst reports, past financials, and industry benchmarks helps make an informed choice.

Steps to Approach IPO Investing

These steps guide your decision making if you want to explore upcoming tech IPOs.

  • Study the company: Learn the basics of the business model, competition, and growth plan. This builds confidence before investing.

  • Review the financials: Look at revenue growth, debt levels, customer acquisition costs, and profitability trends. These give you a clear picture of stability.

  • Plan your application strategy: Decide whether to apply through retail, HNI, or long-term investment categories based on your risk comfort.