Mainboard IPOs by revenue: the largest companies
Which companies coming to the market had the largest revenue in their latest full year?
216 mainboard IPOs newboard has studied give this figure in their offer documents. The median revenue, latest year is ₹636 cr, and the middle half run from ₹302 cr to ₹1,413 cr. Jio Platforms is first, at ₹1,46,885 cr (revenue growth a year 15.8%).
Ranked on 4 Oct 2026; the first 50 of 216 are shown. The list moves as studies are added.
| # | Issue | Stage | Revenue, latest year | Revenue growth a year |
|---|---|---|---|---|
| 1 | Jio Platforms | DRHP filed | ₹1,46,885 cr | 15.8% |
| 2 | Mahanadi Coalfields | DRHP filed | ₹30,550 cr | -1.7% |
| 3 | Tata Capital | DRHP filed | ₹28,313 cr | 44.1% |
| 4 | Gemini Edibles & Fats India | DRHP filed | ₹12,650 cr | 18.2% |
| 5 | Muthoot Fincorp | DRHP filed | ₹11,204 cr | 30.9% |
| 6 | Oravel Stays | UDRHP filed | ₹6,253 cr | 7% |
| 7 | Torrent Gas | UDRHP filed | ₹5,933 cr | 37.2% |
| 8 | Jsw One Platforms | DRHP filed | ₹5,743 cr | 102.7% |
| 9 | Advanta Enterprises | DRHP filed | ₹5,566 cr | 13.9% |
| 10 | Cj Darcl Logistics | DRHP filed | ₹5,161 cr | 10.6% |
| 11 | Royal Chain | DRHP filed | ₹4,733 cr | 41.9% |
| 12 | Credila Financial Services | Lapsed | ₹4,720 cr | 86.8% |
| 13 | Iris Global Services | DRHP filed | ₹4,156 cr | 24.4% |
| 14 | A-One Steels India | Listed | ₹4,149 cr | 4% |
| 15 | Svatantra Microfin | DRHP filed | ₹4,121 cr | - |
| 16 | Baanganga Gold & Diamond (I) | DRHP filed | ₹3,626 cr | 64% |
| 17 | Sathya Agencies | DRHP filed | ₹3,497 cr | 35.8% |
| 18 | Moneyview | Listed | ₹3,351 cr | 58% |
| 19 | Bvg India | DRHP filed | ₹3,302 cr | 19.4% |
| 20 | Jay Jagdamba | UDRHP filed | ₹3,162 cr | 46.2% |
| 21 | Shivalaya Construction | DRHP filed | ₹3,125 cr | 7% |
| 22 | Imagine Marketing | UDRHP filed | ₹3,073 cr | -4.6% |
| 23 | Inox Air Products | DRHP filed | ₹3,034 cr | 8.2% |
| 24 | Casagrand Premier Builder | DRHP filed | ₹2,696 cr | 4% |
| 25 | Rsb Retail India | DRHP filed | ₹2,694 cr | 12.5% |
| 26 | Crystal Crop Protection | DRHP filed | ₹2,691 cr | 3.5% |
| 27 | Sembcorp Green Infra | DRHP filed | ₹2,653 cr | 8.6% |
| 28 | Bssponge | DRHP filed | ₹2,593 cr | 31.7% |
| 29 | Marri Retail | DRHP filed | ₹2,456 cr | 13.7% |
| 30 | Tablespace Technologies | DRHP filed | ₹2,262 cr | 58% |
| 31 | Playsimple Games | DRHP filed | ₹2,260 cr | 10.9% |
| 32 | Ratnadeep Retail | DRHP filed | ₹2,223 cr | 15% |
| 33 | Maharashtra Oil Extractions | DRHP filed | ₹2,212 cr | 12.6% |
| 34 | Aragen Life Sciences | DRHP filed | ₹2,178 cr | 14.6% |
| 35 | AGS Health | UDRHP filed | ₹2,041 cr | 25.3% |
| 36 | Truhome Finance | DRHP filed | ₹1,905 cr | - |
| 37 | Integris Medtech | DRHP filed | ₹1,903 cr | 18.8% |
| 38 | Vishakha Renewables | DRHP filed | ₹1,893 cr | 37.4% |
| 39 | Bonfiglioli Transmissions | DRHP filed | ₹1,864 cr | 9.4% |
| 40 | Encube Ethicals | DRHP filed | ₹1,849 cr | 30.5% |
| 41 | Runwal Enterprises | Closed | ₹1,799 cr | -13.6% |
| 42 | J Infratech | DRHP filed | ₹1,722 cr | 39.3% |
| 43 | Cult.Fit | DRHP filed | ₹1,721 cr | 36.3% |
| 44 | Arohan Financial Services | DRHP filed | ₹1,692 cr | 24.7% |
| 45 | Master Chains N Jewels | DRHP filed | ₹1,681 cr | 14.9% |
| 46 | German Green Steel and Power | Closed | ₹1,679 cr | 21.9% |
| 47 | Ujin Pharma | DRHP filed | ₹1,629 cr | 6.9% |
| 48 | Paras Healthcare | DRHP filed | ₹1,606 cr | 19.3% |
| 49 | SS Retail | Listed | ₹1,598 cr | 38.6% |
| 50 | Silver Consumer Electricals | DRHP filed | ₹1,586 cr | 95.2% |
How this list is ranked
Restated revenue from operations for the latest full financial year in each offer document, in ₹ crore. A list ranks the issues by one figure from each offer document. It places them; it says nothing about whether any of the shares is worth owning.
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