Jio, NSE DRHPs to anchor Rs 4 lakh crore IPO pipeline; Zepto, Oyo, Razorpay queue up
Reliance Jio and NSE are set to file DRHPs in H2 June 2026, potentially raising Rs 50,000-55,000 crore combined. The mega listings could revive India's primary market and unlock a 250-company pipeline featuring consumer-retail names Zepto, Oyo, Razorpay, Shiprocket, Curefoods, Milky Mist and Pride Hotels chasing a $20 billion CY target.
What happened
Reliance Jio and NSE expected to file DRHPs in H2 June 2026, potentially raising Rs 50-55k crore. Pipeline of 250 companies including retail/consumer names
Key facts
- Rs 50,000-55,000 crore
- Rs 18-20 lakh crore mcap
- Rs 4 lakh crore pipeline
- 250 companies
- $20 billion CY target
Why this matters
The 250-company queue signals an M&A and secondary window opening alongside IPOs, so strategics should accelerate diligence on Curefoods, Milky Mist and Pride Hotels before listing optionality hardens their ask.