Reliance Retail, Flipkart Among India's Top 10 IPO-Ready Firms

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Reliance Retail, Flipkart Among India's Top 10 IPO-Ready Firms

The JM Financial Hurun India Unlisted Gems 2026 lists high-potential Indian companies that show the scale and performance linked to IPO readiness. Retail and consumer firms make up half of the top 10, with others from financial services, real estate, manufacturing and semiconductors. None has announced IPO plans so far. Here’s a look at the top 10 unlisted companies by revenue. (Image: Canva)

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CNBC TV18•24-02-2026, 13:47

Reliance Retail, Flipkart Among India's Top 10 IPO-Ready Firms

•JM Financial Hurun India Unlisted Gems 2026 identifies high-potential Indian companies poised for IPO readiness.
•Reliance Retail leads with ₹2.71 lakh crore revenue, followed by Flipkart at ₹83,105 crore.
•Malabar Gold and Diamonds, Tata Electronics, and Tata Digital also feature prominently.
•Tata Electronics shows remarkable 1,652% growth, driven by its semiconductor business.
•Retail and consumer firms dominate the list, alongside financial services, real estate, manufacturing, and semiconductors.

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