Meesho, Lenskart, LG India headline NDTV Profit's IPO of the Year 2026 shortlist
Retail-facing listings dominate the nominee pool: Meesho's Rs 5,421 cr IPO delivered a 275% annualised return, Groww clocked 345%, and LG Electronics India returned 63% on a Rs 11,605 cr offer. Lenskart added 49% post Rs 7,278 cr raise, while Tata Capital's Rs 15,512 cr issue trails at -2.25%.
What happened
NDTV Profit's IPO of the Year 2026 nominees include retail-relevant names Meesho (275% annualised return), Lenskart (49%), LG Electronics India (63%), alongside
Key facts
- Meesho IPO Rs 5,421.2 cr, 275% annualised return
- Lenskart IPO Rs 7,278 cr, 49% return
- LG Electronics India Rs 11,604.7 cr, 63.25% return
- Groww Rs 6,632 cr, 345% return
- Tata Capital Rs 15,511.87 cr, -2.25% return
Why this matters
The shortlist concentration in retail and consumer brands strengthens the case for accelerating IPO timelines on consumer-facing assets, with Meesho and Groww's outsized pops setting a benchmark for pricing windows in adjacent categories.
What to watch
- Anchor lock-in expiry prints on Meesho and Groww
- Zepto, PhonePe, BlueStone DRHP filings or RHP updates
- Q3FY26 earnings prints from newly listed consumer names - first profitability checkpoint
- SEBI commentary on consumer tech IPO disclosures
- FPI flow data into consumer discretionary
- Grey market premium trends for upcoming consumer IPOs
- Map lock-in expiry calendar for top 3 nominees and flag supply overhang dates
- Build a 'consumer IPO basket' watchlist tracking Meesho, Groww, Lenskart, LG India vs Nifty Consumption
- Pull DRHP filings filed Q4 CY25 onward to identify next wave beneficiaries
- Stress-test Tata Capital read-through for upcoming BFSI/NBFC listings
- Brief desk on banker league tables - Kotak, Axis, JM are repeat winners on these mandates