IPO Fever 2025: Groww, Lenskart, Pine Labs & Physics Wallah | Your Ultimate Guide from Hot Picks to Application Clicks

The Indian share market is buzzing with anticipation for a new wave of Mainboard IPOs. For investors tracking the latest IPO news, 2025 is shaping up to be a landmark year. Four massive brands are preparing to hit Dalal Street, and this detailed guide covers everything you need to know about the upcoming IPOs from Groww, Lenskart, Pine Labs, and Physics Wallah.
From expected IPO dates and issue sizes to potential valuations and GMP (Grey Market Premium) discussions, hereβs your IPO-centric analysis.
1. Groww IPO: The Fintech Juggernaut Aims for a Blockbuster Listing
- Approx. Issue Size: βΉ7,000 Cr
The Groww IPO is arguably one of the most awaited upcoming IPOs in the Indian fintech space. As a leading investment and trading platform, Groww has revolutionized how retail investors access the stock market. Investors are keenly watching the Groww IPO date and price band announcements.
IPO Analysis: The success of this IPO will be a major indicator of investor sentiment towards new-age tech companies in India. The company's massive user base and strong brand recall are significant positives. Key factors for investors will be its path to profitability, valuation, and how the Groww IPO issue size will be utilized for future expansion.
2. Lenskart IPO: A Vision for Public Market Dominance
- Approx. Issue Size: βΉ7,500 Cr
The Lenskart IPO is set to be another mega IPO from the new-age retail sector. As a dominant omnichannel eyewear brand, Lenskart has blended online convenience with an extensive offline footprint. This public offering is expected to be one of the largest IPOs of 2025.
IPO Analysis: Investors tracking the Lenskart IPO news are focused on its aggressive expansion plans, both in India and internationally. The company's tech-first approach to a traditionally offline market is its biggest strength. The Lenskart IPOβs pricing and the post-listing performance will be a litmus test for direct-to-consumer (D2C) brands considering the public market.
3. Pine Labs IPO: Powering India's Merchant Commerce Ecosystem
- Approx. Issue Size: βΉ5,800 Cr
The Pine Labs IPO offers investors a chance to bet on the backbone of India's digital payment infrastructure. As a leading merchant commerce platform, Pine Labs provides critical point-of-sale (POS) and digital payment solutions. This is a crucial B2B fintech IPO that institutional and retail investors are tracking.
IPO Analysis: The Pine Labs IPO is a pure-play investment in India's digital transformation. Its extensive network of merchants and diverse product suite, including 'buy now, pay later' services, make it a formidable player. The Pine Labs IPO valuation and its strategy for fending off competition will be critical points in its DRHP.
4. Physics Wallah IPO: The Edtech Unicorn's Big Exam
- Approx. Issue Size: βΉ3,800 Cr
From a YouTube channel to a profitable unicorn, the journey of Physics Wallah (PW) has been extraordinary. The Physics Wallah IPO is a landmark event for the Indian edtech sector, representing a company built on affordability and mass-market appeal.
IPO Analysis: The Physics Wallah IPO comes at a time when the edtech industry is facing scrutiny. However, PW's focus on profitability and its strong connection with students set it apart. Investors will analyze the scalability of its hybrid model and its plans for the funds raised through this upcoming IPO. This public issue could redefine the investment landscape for edtech companies in India.
How to Apply for These Upcoming IPOs in 2025?
Once the IPO dates are announced and the issue is open, you can apply through IPO Ji
- Use the IPO Ji website to get all the details about the IPOβits price, dates, and your opinion on whether to invest.
- Log in to the app or website of your actual stockbroker where you have a Demat account (e.g., Zerodha, Groww, Upstox, Angel One, HDFC Securities, ICICI Direct, etc.).
- Find and select IPO you want to apply from the list of open IPOs.
- Place Your Bid:
- Enter your UPI ID.
- Choose the number of lots you want to apply for (e.g., 1 lot = 14 shares). It's best to apply at the "Cut-Off Price."
- Submit your application.
- Open your UPI app (Google Pay, PhonePe, etc.) and approve the payment request. Your funds will be blocked, not debited.
Stay tuned for updates on IPO allotment status and listing day strategy for these blockbuster IPOs.
Disclaimer: All IPO details, including issue sizes, are approximate and based on market reports. These are subject to change. This article is for informational purposes only and does not constitute investment advice. Please consult with your financial advisor before investing in any IPO.