Top 10 Mainboard IPOs - By No. of Retail Applications: 2026

Top 10 Mainboard IPOs by Retail Applications | Highest Retail Participation IPOs in India

This report provides the Top 10 Mainboard IPOs of 2026 ranked by Retail application received, showcasing issues that drew the highest Retail investor demand.

A high number of retail applications in an IPO signals strong investor confidence and positive market sentiment. It indicates that the issue is attractively priced, expectations of listing gains are high, and the company has managed to generate broad interest among retail investors. Overall, it reflects widespread optimism about the company’s business strength and future prospects.

Top 10 Mainboard IPOs - By No. of Retail Applications: 2026

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Notes:

  • Opening Date: First day when the issue opens for public subscription. Starting from this date, investors can submit their applications for subscription of company's shares till the closing date.
  • Issue Price: Price at which company’s shares are offered to the public.
  • Issue Amount: Total monetary value of all the shares being offered to the public in an issue. It is arrived at by multiplying the number of shares offered with the issue price per share.
  • Issue Price for Retail: Price at which company’s shares are offered to retail Investors.
  • % Discount offered on Issue Price: Percent discount offered to retail investors on the issue price.
  • Retail Subscription (x): Number of times retail portion is subscribed.
  • Total subscription: Number of times overall issue is subscribed (All investor categories clubbed together).
  • Retail applications: Total number of applications submitted by retail investors.
  • Retail Subscription (x): Number of times retail portion is subscribed.
  • Total applications: Total number of valid applications received in the issue across all investor categories (Retail, NII, and QIB) during the bidding period.
  • Total subscription: Number of times overall issue is subscribed (All investor categories clubbed together).
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