Nifty IPO Index: Whatever turmoil is going on in the Indian stock market, the year 2026 is proving to be great for IPO investors. While on one hand the stock market’s benchmark index Nifty 50 remains under pressure, on the other hand the IPO market has surprised investors by giving better returns. This is the reason why Nifty IPO Index has emerged as one of the strongest indexes in the market this year.
Nifty IPO Index left Nifty 50 behind
So far this year, a growth of about 17% has been registered in Nifty IPO Index. In comparison, Nifty 50 has seen a decline of 14%. Not only the annual figures, but also the IPO index has performed better in different timeframes.
| Duration | Nifty IPO Index | Nifty 50 |
| YTD | 0.17 | -14% |
| 12 months | 0.11 | -8% |
| 6 months | 0.34 | -2.50% |
There will be a glut of IPOs in 2026
This year there was tremendous activity in the IPO market. Especially IPOs with issue size of ₹500 crore to ₹1,000 crore received strong response from investors. Such IPOs received an average subscription of 46.5 times, which shows strong demand from investors.
How many IPOs are profitable for investors?
So far, 96 companies have been listed in the stock market in the year 2026. Of these, shares of 24 companies are currently trading below their issue price. At the same time, a large number of IPOs are still giving positive returns to investors.
The current picture of the IPO market is something like this:
- 96 companies were listed this year
- 24 companies are below the issue price
- 15 IPOs are currently Upcoming or Ongoing
- 59 IPOs gave profit on the day of listing
- 22 IPOs suffered losses on listing
- 57 IPOs are still in profit compared to the issue price
Highest earning IPO on the day of listing
Some IPOs gave excellent returns to investors on the very first day of listing. ESDS Software and Tempsens Instruments led the top mainboard IPO listing gainers of 2026.
| company | Listing Gain |
| ESDS Software | 113% |
| Tempens Instruments | 111% |
| Behari Lal Engineering | 61% |
| SS Retail | 51% |
| Indo-ME | 45% |
Which IPOs made the most money after listing?
If we look at the post-listing performance, some IPOs have increased investors’ capital manifold. ESDS Software is at first place in the list of IPOs giving highest returns in comparison to issue price.
| company | Return from Issue Price |
| ESDS Software | 270% |
| SEDEMAC Mechatronics | 163% |
| Indo-ME | 156% |
| Omnitech Engineering | 141% |
| Xtranet Technologies | 118% |
Data for 2026 shows that not only new listings took place in the IPO market, but many companies also gave strong returns to investors. The performance of Nifty IPO Index also shows the same trend, which has given much better returns than Nifty 50 this year.