 63SATSCybersecurity software & services | ₹27.00 | +90.41% | ₹2,730 Cr | — | No IPO filed. Management has focused on scaling revenue to ₹350 Cr in FY27 after the February 2026 Series B; a listing has not been formally announced. |
 Abans IMAsset management (PMS, AIF, structured products) | ₹1,548.00 | +13.75% | ₹248.3 Cr | 165.21 | No IPO planned; the company is a subsidiary of listed Abans Financial Services Ltd. |
| APAbsolute ProjectsPower transmission & distribution EPC | ₹77.00 | -31.08% | ₹331.1 Cr | 38.89 | No IPO planned. |
| AASEFormer stock exchange — property & treasury holding | ₹66.00 | -3.85% | ₹99 Cr | 30.00 | No IPO possible or planned; the company no longer operates an exchange. |
 AB InBev IndiaBeer & alcoholic beverages | ₹529.00 | -5.34% | ₹15,870 Cr | 88.17 | Delisted in 2006; no relisting planned by the parent. |
 AnugrahaPrecision steel castings for valves & pumps | ₹575.00 | -2.93% | ₹460 Cr | 10.22 | No IPO planned. |
 PharmEasyHealthtech & Pharmacy Distribution | ₹7.83 | -7.56% | ₹6,201 Cr | — | A previous draft offer document was withdrawn in 2022. No fresh filing has been made. |
 ArohanNBFC — microfinance (NBFC-MFI) | ₹233.00 | +17.83% | ₹3,355 Cr | 37.28 | 2021 DRHP lapsed; a fresh listing is possible but not scheduled. |
 ASKAsset & wealth management (PMS, AIF, real-estate funds) | ₹874.00 | -6.49% | ₹5,681 Cr | 21.85 | Listing reported to be under consideration by Blackstone; no DRHP filed. |
 Axles IndiaAuto components — commercial-vehicle axle housings | ₹458.00 | -4.68% | ₹732.8 Cr | 12.21 | No IPO planned; the company is a closely held JV. |
 Bira 91Breweries & Beverages | ₹73.00 | -77.43% | ₹211.7 Cr | — | No IPO filing. The company has said profitability comes before any listing. |
 The LaLiTLuxury hotels & hospitality | ₹354.00 | -10.44% | ₹2,690 Cr | 22.42 | DRHP filed in 2018 lapsed without an issue; no fresh IPO timetable announced. |
 CSEExchanges & Market Infrastructure | ₹2,074.00 | +70.12% | ₹128.38 Cr | — | No IPO. The exchange's future depends on SEBI's decision on its exit application and the West Bengal government's revival plan. |
 Care HealthInsurance — Standalone Health | ₹145.00 | -9.95% | ₹15,196 Cr | 16.53 | No draft offer document filed. Management has said an IPO is a medium-term option. |
 Carrier IndiaHVAC & Commercial Refrigeration | ₹538.00 | -0.04% | ₹5,724 Cr | 37.91 | No IPO planned; the company is a majority-owned subsidiary of Carrier Global Corporation. |
 CheelizzaQuick-service Restaurants | ₹17.00 | -14.53% | ₹13.6 Cr | 13.60 | No IPO announced; an SME listing is the plausible long-term route. |
 CSKSports Franchise | ₹245.00 | +62.42% | ₹7,732 Cr | 27.22 | No IPO filing. Shares came into public hands through a 2015 demerger from a listed parent. |
 CIALAirports & Transport Infrastructure | ₹448.00 | +33.61% | ₹17,114 Cr | 36.87 | No IPO filing. The company has never been listed. |
 Cosmic PVSolar PV module manufacturing | ₹199.00 | -5.27% | ₹696.5 Cr | 19.90 | No IPO filed; listing plausible given peer listings but not announced. |
 Dalmia RefractoriesRefractories & Magnesite | ₹209.00 | -12.27% | ₹961.4 Cr | 19.66 | No listing planned; BSE confirmed in October 2025 that DBRL would remain unlisted after the demerger. |
| DDSEExchanges & Market Infrastructure | ₹29.00 | +18.95% | ₹87 Cr | 43.28 | Not applicable; the company is a derecognised exchange contesting its exit. |
| DGDelta GalaxyConstruction & Infrastructure Services | ₹45.00 | -13.04% | ₹99 Cr | 7.08 | No IPO announced. |
| DFDigvijay FinleaseInvestment Holding & NBFC | ₹1,550.00 | -10.72% | ₹2,054 Cr | 47.77 | No IPO planned. |
 EcosureSustainable Packaging (Moulded Pulp) | ₹36.00 | -26.21% | ₹128.88 Cr | 22.22 | No IPO announced. |
 EloficAutomotive & Industrial Filters | ₹3,150.00 | +10.20% | ₹787.5 Cr | 16.41 | No IPO planned. |
 Ram BandhuPackaged Spices & Foods | ₹509.00 | -10.72% | ₹246.36 Cr | 18.95 | No IPO planned. |
 ESL SteelIntegrated Steel | ₹35.00 | -11.73% | ₹6,475 Cr | — | Not applicable; delisted after the 2018 insolvency resolution and majority-owned by Vedanta. |
 Fino PaytechFintech — Payments Infrastructure | ₹94.00 | -67.31% | ₹817.8 Cr | 5.34 | No IPO filing. The operating payments bank subsidiary is already listed. |
 Frick IndiaIndustrial Refrigeration Equipment | ₹1,680.00 | -35.33% | ₹1,008 Cr | 24.00 | No IPO planned; formerly listed on the Delhi Stock Exchange. |
 GFCL EVBattery Materials & EV Chemicals | ₹38.00 | +5.26% | ₹5,700 Cr | — | No IPO announced; GFL has raised capital from IFC and OIA and may consider listing after the capex phase. |
| GSGH2 SolarSolar EPC & Rooftop Solutions | ₹249.00 | -5.34% | ₹298.8 Cr | 76.62 | No IPO announced. |
 Goa ShipyardDefence Shipbuilding | ₹2,690.00 | -26.32% | ₹31,312 Cr | 108.73 | No IPO is planned; the Government of India and Mazagon Dock hold over 98% of the equity. |
 Goodluck DefenceDefence Ammunition & Aerospace Components | ₹444.00 | +27.25% | ₹2,180 Cr | 198.21 | No IPO timeline announced; the parent has indicated a listing could be considered once the defence business scales. |
| Goodluck Green EnergyGreen Hydrogen & Solar Infrastructure | ₹150.00 | -11.29% | ₹632.1 Cr | — | No IPO planned; the company is pre-revenue. |
 Greenzo EnergyGreen Hydrogen & Electrolyser Manufacturing | ₹618.00 | -10.45% | ₹732.33 Cr | 271.05 | No DRHP filed; a listing is a medium-term ambition tied to the Sanand expansion. |
 HDFC SecuritiesStock Broking & Wealth Management | ₹7,990.00 | -5.98% | ₹12,704 Cr | 11.28 | HDFC Bank has stated it has no plans to list HDFC Securities. |
 HicksMedical Devices & Diagnostics Consumables | ₹1,789.00 | +5.85% | ₹107.34 Cr | 22.36 | No IPO planned. |
 HLFNBFC — Vehicle & Housing Finance | ₹234.00 | +0.24% | ₹12,496 Cr | 11.65 | No active IPO filing. A group restructuring has been reported but not confirmed to the registry. |
 HPXPower Exchange & Market Infrastructure | ₹23.40 | -8.56% | ₹248.04 Cr | — | No IPO planned; the exchange is still building volumes and remains loss-making. |
| HEHindusthan EngineeringRailway Wagons & Heavy Engineering | ₹898.00 | -6.23% | ₹538.8 Cr | 15.85 | No IPO planned. |
 Hira Ferro AlloysFerro Alloys & Captive Power | ₹222.00 | -5.39% | ₹432.9 Cr | 13.53 | No IPO planned; GPIL is the listed group entity. |
 ICL FincorpNBFC - Gold Loans | ₹24.50 | -8.89% | ₹171.5 Cr | 40.83 | No IPO announced. |
 IKF FinanceNBFC - Vehicle & MSME Finance | ₹225.00 | -10.71% | ₹2,250 Cr | 17.31 | IPO under consideration; bankers reportedly appointed, no DRHP confirmed. |
 India CarbonCalcined petroleum coke and carbon products | ₹888.00 | +5.35% | ₹235.32 Cr | — | No IPO or relisting is planned; the company remains closely held by the Himatsingka family. |
 IPLFertiliser import, marketing and distribution | ₹2,695.00 | -5.09% | ₹3,854 Cr | 12.23 | No IPO planned; the company is owned by IFFCO and state cooperative federations. |
 IndofilAgrochemicals & Specialty Chemicals | ₹1,635.00 | +41.51% | ₹3,483 Cr | 13.82 | A public issue has been discussed periodically but no offer document has been filed. |
 INKELInfrastructure development and PPP projects (Kerala) | ₹19.00 | -4.09% | ₹323 Cr | 33.93 | No DRHP filed; a listing has been mooted in the past but there is no announced timetable. |
 Innov8Flexible and managed office space | ₹68.00 | -7.70% | ₹680 Cr | 151.11 | No DRHP filed; any listing would follow the parent's group strategy. |
 Inox LeasingPromoter holding company (INOXGFL group) | ₹21,900.00 | -2.40% | ₹1.03 Lakh Cr | 605.47 | No IPO; promoter holding company of the INOXGFL group. |
 InsolareSolar EPC, O&M and captive solar projects | ₹144.00 | -1.77% | ₹432 Cr | 22.75 | IPO under consideration; pre-IPO capital raised but no DRHP filed. |
 Jupiter SolarSolar cell and module manufacturing | ₹225.00 | -9.34% | ₹2,250 Cr | 20.45 | IPO under consideration after the Odisha plant is commissioned; no DRHP filed. |
| Jupiter CCPSSolar cell and module manufacturing – CCPS instrument | ₹195.00 | -3.84% | ₹292.5 Cr | 17.73 | CCPS convert into equity before or at any IPO; the company has not filed a DRHP. |
 KIALAirport operator | ₹124.00 | +1.37% | ₹1,637 Cr | — | No IPO planned; the airport is a state-promoted public-private company. |
 KinecoAdvanced composites for rail, defence and aerospace | ₹3,280.00 | +1.32% | ₹984 Cr | 35.14 | No DRHP filed; a listing has been discussed but not scheduled. |
 KLM AxivaNBFC – Gold & MSME lending | ₹18.50 | +3.99% | ₹497.65 Cr | 24.67 | No equity IPO announced; the company relies on listed NCD issues for funding. |
 KurlonMattresses & Home Comfort | ₹538.00 | +17.90% | ₹1,969 Cr | — | Not applicable – the company has been amalgamated into listed Sheela Foam Ltd with effect from the January 2026 record date. |
 VPS LakeshoreMulti-speciality Hospitals | ₹89.00 | -19.00% | ₹890 Cr | 22.82 | No IPO announced; the promoter group has not indicated any listing plan. |
 MKCLEducation Technology & e-Governance | ₹474.00 | +4.92% | ₹383.94 Cr | 9.72 | No IPO planned; government and university shareholders control the company. |
 Manipal HousingHousing Finance Company | ₹124.00 | +9.65% | ₹74.4 Cr | 18.59 | No listing plan is known. |
 ManjushreeRigid Plastic Packaging | ₹944.00 | +0.50% | ₹2,322 Cr | 13.42 | No IPO filing. The controlling shareholder is a financial sponsor and an eventual exit is expected. |
| M&Martin & HarrisPharmaceutical Formulations | ₹959.00 | +5.77% | ₹479.5 Cr | 11.99 | No listing plan is known. |
| MSMaverick SimulationDefence Simulators & Training Systems | ₹2,388.00 | +0.49% | ₹238.8 Cr | 25.68 | No IPO announced. |
 MaxvalueNBFC – Gold & Small-business Loans | ₹3.95 | +2.07% | ₹59.25 Cr | 56.43 | No IPO announced. |
| MRMayasheel RetailValue Fashion Retail | ₹26.00 | +8.02% | ₹78 Cr | 23.64 | No IPO announced. |
 MerinoLaminates & Building Materials | ₹3,130.00 | +13.72% | ₹3,506 Cr | 13.28 | No IPO filing. The company has remained closely held for decades. |
 MSEIExchanges & Market Infrastructure | ₹7.38 | +57.36% | ₹8,114 Cr | — | No IPO planned. Management is focused on restoring trading volumes after the January 2026 relaunch. |
 MIL IndustriesRubber linings & corrosion-protection engineering | ₹250.00 | +16.68% | ₹78.75 Cr | 19.20 | No IPO planned; the shares are already listed on MSEI but effectively trade only in the unlisted market. |
 Mohan MeakinAlcoholic beverages — rum, whisky, beer | ₹2,350.00 | +12.72% | ₹1,998 Cr | 19.47 | No IPO planned; the Mohan family has kept the company closely held. |
 Mohindra FastenersHigh-tensile automotive & industrial fasteners | ₹294.00 | -7.56% | ₹156.7 Cr | 14.92 | No IPO planned; the company remains family-controlled. |
 MO Home FinanceAffordable housing finance (HFC) | ₹10.50 | -24.13% | ₹6,321 Cr | 40.38 | No IPO filed. MOFSL has not set a listing timeline; growth is being funded from internal accruals and debt. |
 NCDEXCommodity exchange & market infrastructure | ₹378.00 | -23.04% | ₹1,916 Cr | — | No IPO filed; the exchange is focused on reviving agri-derivatives volumes. |
 NeRLWarehouse-receipt repository & agri market infrastructure | ₹50.00 | -22.49% | ₹275 Cr | 40.32 | No IPO planned; NeRL remains a 51% subsidiary of NCDEX. |
 Nayara EnergyOil refining, petrochemicals & fuel retail | ₹1,150.00 | +5.60% | ₹1.71 Lakh Cr | 28.20 | No IPO planned. Rosneft and Kesani hold 98.3%; any listing would need a large public offer and regulatory clearance. |
 NCL BuildtekBuilding materials — AAC blocks, dry mortars, putty, uPVC windows | ₹148.00 | -37.43% | ₹651.2 Cr | 14.77 | No IPO planned; the company remains a closely held NCL group operating business. |
| NHNCL HoldingsInvestment holding company | ₹119.00 | +26.34% | ₹523.6 Cr | 100.85 | No IPO planned; the company is a group investment vehicle. |
 Orbis FinancialCustody & Fund Administration | ₹338.00 | -4.40% | ₹4,597 Cr | 20.61 | No IPO filing so far. |
 PPFASAsset management (holding company of PPFAS Mutual Fund) | ₹20,800.00 | +11.19% | ₹15,974 Cr | 64.78 | No IPO planned; PPFAS remains family-controlled. |
 PayMateB2B payments & supply-chain fintech | ₹490.00 | -12.52% | ₹2,744 Cr | — | DRHP filed May 2022 for ₹1,500 Cr; returned by SEBI in January 2023 with a request to refile. No refiling visible. |
 Philips IndiaMedical devices, personal health & healthcare software | ₹978.00 | -5.92% | ₹5,625 Cr | 18.21 | No IPO or relisting planned; the company delisted in 2004 and remains a 96% subsidiary of Royal Philips. |
 PNB FinanceInvestment company (NBFC — Middle Layer) | ₹9,000.00 | -19.30% | ₹2,880 Cr | 414.36 | No IPO planned; the company is a closely held investment vehicle. |
 PXILPower exchange & market infrastructure | ₹494.00 | -2.85% | ₹2,890 Cr | 83.73 | No IPO announced; dealer commentary speculates about a listing after the market-coupling rollout, but nothing has been filed. |
 Prisma AIAI video analytics & computer vision | ₹7,584.00 | +16.55% | ₹455.04 Cr | 91.01 | No IPO announced. |
 Ramaraju SurgicalCotton yarn & surgical cotton (Ramco group) | ₹238.00 | -11.89% | ₹92.82 Cr | 30.95 | No listing plan; the company trades in the unlisted market after the closure of the Madras Stock Exchange. |
 Ring Plus AquaAuto components - flexplates, ring gears, bearings | ₹920.00 | -5.05% | ₹312.8 Cr | 6.52 | No IPO planned for RPAL directly; watch Raymond's engineering platform. |
 Royal Care HospitalSuper-speciality hospital | ₹150.00 | -0.46% | ₹750 Cr | 31.25 | Listing discussed by management for the medium term; no filing yet. |
 RRP ElectronicsSemiconductor OSAT & electronics manufacturing | ₹144.00 | -23.19% | ₹1,440 Cr | — | Listing discussed by the promoter group; nothing filed. |
| RSRRP S4EElectronics, energy & mobility innovation (RRP group) | ₹149.00 | -26.22% | ₹745 Cr | 620.83 | No filing; group listing plans are informal. |
 Spray EngineeringSugar & ethanol process equipment | ₹179.00 | -10.86% | ₹805.5 Cr | 23.68 | No IPO filed. |
 Sterlite ElectricPower conductors, cables & transmission products | ₹485.00 | -16.89% | ₹2,968 Cr | 16.49 | A 2021 DRHP by Sterlite Power was withdrawn; no current IPO filing. |
| Sterlite Grid 5Power transmission infrastructure developer | ₹325.00 | -11.23% | ₹1,989 Cr | 49.69 | No IPO filed; the group has explored listing the transmission business in the past. |
 Sudhir PowerPower Generation Equipment | ₹585.00 | +24.83% | ₹2,001 Cr | 12.74 | No offer document filed. Management has said a listing is under consideration. |
| SPSunday ProptechHospitality real estate (OYO / PRISM group) | ₹8.85 | -10.70% | ₹442.5 Cr | — | No IPO planned for this entity; the group's IPO concerns Oravel Stays (PRISM). |
 Taparia ToolsHand tools manufacturing | ₹5,200.00 | +14.38% | ₹7,894 Cr | 52.09 | Already listed on BSE but effectively untraded; no fresh listing or delisting process has been announced. |
 TickerMarket data, analytics & fintech | ₹28.00 | +25.39% | ₹560 Cr | — | No IPO filed. The company raised ₹146 Cr privately in November 2025 and is focused on growing subscription revenue. |
 TranslineICT system integration & surveillance | ₹159.00 | +11.52% | ₹397.5 Cr | 24.09 | No IPO filed. Public-company status keeps a future SME or main-board listing possible. |
 TRL KrosakiRefractories | ₹1,750.00 | +8.46% | ₹3,658 Cr | 26.12 | No IPO planned. The company remains a Krosaki Harima subsidiary with Tata Steel as a strategic minority shareholder. |
 Urban TotsToys & juvenile products | ₹71.10 | +16.92% | ₹213.3 Cr | 24.27 | No DRHP filed. Dealers position the company as pre-IPO but no formal timeline exists. |
 VeedaContract research (CRO) | ₹455.00 | +6.77% | ₹2,639 Cr | 94.20 | DRHP filed in 2021 lapsed without an issue; a fresh filing is expected once the acquired businesses are integrated. |
 WebfilTungsten filaments & telecom equipment | ₹147.00 | +11.25% | ₹126.42 Cr | 34.19 | No IPO or relisting planned; formerly quoted on the Calcutta Stock Exchange. |