With high-growth SMEs and organisations lining up to access public market financing, the Indian IPO marketplace in 2026 is anticipated to be one of the most anticipated in current reminiscence. A new chapter with a mixture of SME listings and excitement surrounding large-cap mainboard services begins in February 2026, following a strong 2025 primary market when the Indian IPO ecosystem generated large investor interest. The top 6 IPOs in February 2026 that every investor should keep an eye on are highlighted in this text. important list records, business opportunities, and the consequences of these IPOs for the number one market sentiment are all covered in this guide.

Top 6 IPOs in February 2026

1. Kasturi Metal Composite Ltd. IPO

One of the incredible listings to begin in February 2026 is Kasturi Steel Composite Ltd., an SME company on the BSE SME market. The enterprise affords industrial steel fibre merchandise which are regularly utilised in concrete reinforcement and other technical packages as a part of its steel-related manufacturing operations. Being one of the first public marketplace launches of the month, this IPO is noteworthy and establishes the standard for SME activity. The IPO is scheduled to list on the change on February three, 2026, and it started accepting subscriptions in January. The issue, which aims to raise around ₹17.6 crore with a rate range of ₹61 to ₹sixty four per proportion, is a modest but strategic choice for buyers looking for various publicity in industrial substances. The allotment was finalised on the first of January 2026, and investors eager on the SME section performance should monitor the submit-list fee motion closely.

2. Accretion Nutraveda IPO

Another SME imparting that is predicted to draw interest from investors is Accretion Nutraveda, which focuses on the wellbeing and nutraceutical industries. This IPO, which is about to go public in early February, gives traders an opportunity to study greater approximately India's unexpectedly expanding fitness and wellness industry. Accretion Nutraveda is an instance of the way expert businesses use public markets for expansion financing, while being smaller than major troubles. This IPO, which is scheduled to list on February 4, 2026, is appealing to investors who need exposure to conventional and numerous groups.

Key Points:

• Exchange: BSE SME
• Estimated Listing Date: February 4, 2026
• Sector: Health & Wellness (Nutraceutical)

3. Kanishk Aluminium India IPO

Another SME provider that is predicted to list in early February 2026 is Kanishk Aluminium India. The organisation, which processes and fabricates aluminium, serves a variety of industries, consisting of infrastructure and vehicles. The list provides a glimpse into India's steel and minerals financial system, which is, although boosted by each export and domestic demand. The IPO, which is anticipated to list on February four, 2026, gives investors focusing on cyclicals and commodities corporations that might profit from India's wider infrastructure growth a convenient entry point.

Key Points:

• Exchange: BSE SME
• Estimated Listing Date: February 4, 2026
• Sector: Aluminum & Non-Ferrous Metals

4. CKK Retail Mart Ltd.

Another tremendous SME IPO, CKK Retail Mart Ltd., is scheduled to list in early February 2026. This IPO, which operates within the purchaser retail zone, demonstrates the ongoing interest in corporations that serve India's substantial and developing retail market. Given the arena's robust basics, retail participation can be robust even though the problem size can be tremendously small. Investors need to focus on the company's growth plan and presence in the cutthroat retail industry because of the IPO process.

Key Points:

• Exchange: NSE SME (Expected)
• Estimated Listing Date: Early February 2026
• Sector: Consumer Retail

5. SME and Niche Listings Across February

In addition to the names cited above, there are a number of different SME and niche IPO listings at some stage in the start of February 2026, which collectively make this time frame enormous for primary market observers. Because of substantial involvement from industries like production, engineering, and strong point offerings, issues like Readymix construction machinery and Eleganz Interiors, amongst others, are anticipated to wrap up their list tactics throughout the second week of February. These listings show how vibrant India's SME IPO ecosystem is, as retail traders diversify into new enterprise topics and smaller agencies may additionally gain increased funding. Oversubscription in SME IPOs regularly indicates strong retail self-belief; investors should maintain a close eye on subscription developments.

6. Upcoming Large-Cap IPO Buzz: Fractal Analytics and Others

The bigger IPO calendar of 2026 contains predicted large-cap IPOs that are gaining a variety of market attention, even though the active listings in February 2026 are mainly SME concerns. One such corporation is Fractal Analytics, an issuer of AI and statistics analytics services, which is allegedly getting ready to go public after receiving regulatory approval following the budget 2026. Industry sources indicate that early 2026 is the goal timetable for this IPO, even though the precise listing date has not been made public. Past Fractal Analytics, buyers are keeping a close eye on several megadeals on India's 2026 IPO calendar, including Reliance Jio platforms, a telecom and virtual services behemoth, which is expected to supply one of the largest listings in Indian market records, and PhonePe, a prominent virtual bills platform that has been granted regulatory acclaim for its public offering. According to market observers, those large-cap offerings may arise in Q1 or Q2 of 2026, making February a crucial momentum duration before their launches.

Large-Cap to Watch (Timeline Beyond February):

• Reliance Jio Platforms (first half of 2026)
• PhonePe IPO (expected mid-2026)
• Other technology and financial services IPOs

Conclusion

A flurry of SME listings and growing expectations for large mainboard debuts later within the year symbolize February 2026's IPO schedule. These pinnacle six IPOs constitute a variety of industries and investing topics, from Kasturi Metal Composite to up-and-coming retail and commercial issuers. For primary marketplace buyers, careful due diligence, alignment with financial objectives, and a disciplined investing horizon are nonetheless essential. It will be easier to optimistically navigate the converting IPO scene in 2026 if you keep a watch on market mood, company fundamentals, and regulatory traits.

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