Current IPO in India 2025

IPO
Iware Supplychain Services

Offer Date: Apr 28, 2025 - Apr 30, 2025

NSE SME Allotment Awaited

Offer Price

95

Lot Size

1200

Subscription

3.02 times
Bid history for current IPOs can be checked from Orders/Bids Page (Side Menu > Orders)
IPO
Ather Energy

Offer Date: Apr 28, 2025 - Apr 30, 2025

Mainboard Allotment Awaited

Offer Price

304-321

Lot Size

46

Subscription

1.43 times

Exp. Premium

0
Bid history for current IPOs can be checked from Orders/Bids Page (Side Menu > Orders)
IPO
Arunaya Organics

Offer Date: Apr 29, 2025 - May 2, 2025

NSE SME Live

Offer Price

55-58

Lot Size

2000

Subscription

1.31 times
View
IPO
Kenrik Industries

Offer Date: Apr 29, 2025 - May 6, 2025

BSE SME Live

Offer Price

25

Lot Size

6000

Subscription

0.61 times
View
IPO
Wagons Learning

Offer Date: May 2, 2025 - May 6, 2025

BSE SME Live

Offer Price

78-82

Lot Size

1600

Subscription

N/A times
View
IPO
Srigee DLM

Offer Date: May 5, 2025 - May 7, 2025

BSE SME

Offer Price

94-99

Lot Size

1200

Subscription

N/A times

Exp. Premium

8 (8.08%)
IPO
Manoj Jewellers

Offer Date: May 5, 2025 - May 7, 2025

BSE SME

Offer Price

54

Lot Size

2000

Subscription

N/A times
IPO
Aten Papers & Foam

Offer Date: TBA - TBA

BSE SME

Offer Price

91-96

Lot Size

1200

Subscription

N/A times
IPO Dates have been Postponed !!!
IPO
National Securities Depository Limited (NSDL)

Offer Date: TBA - TBA

Mainboard

Offer Price

N/A

Lot Size

N/A

Subscription

N/A times
IPO
Arisinfra Solutions

Offer Date: TBA - TBA

Mainboard

Offer Price

TBA

Lot Size

TBA

Subscription

N/A times

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Upcoming IPOs

IPO
LG Electronics India

Offer Date Coming Soon

BSE, NSE

Established in 1997, LG Electronics India Limited is a producer and distributor of home appliances and consumer electronics (except mobile phones). The company retail products to B2C and B2B consumers within India and abroad. The company provide installation services, and repair and maintenance services for all our products. LG Electronics India Limited run the business under two segments: 1. Home Appliances and Air Solutions and 2. Home Entertainment. The company operates 2 manufacturing facilities, 2 central distribution facilities, 23 regional distribution facilities, and 51 branch offices and is serviced by 31,291 sub-dealers as of June 30, 2024. LG Electronics has two state-of-the-art manufacturing facilities in Noida (the Noida Manufacturing Unit) and Pune (the Pune Manufacturing Unit). The company have 25 product warehouses forming a pan-India supply chain network with two central distribution centers (CDCs) and 23 regional distribution centers (RDCs) as of June 30, 2024. The firm has a total of 282 employees as of June 30, 2024, and 472 B2B trade partners as of June 30, 2024. The firm also has services provided by 949 service centers in urban and rural India, backed by 12,590 engineers and four call centers, as of June 30, 2024.

IPO
Hero Motors

Offer Date Coming Soon

BSE, NSE

Hero Motors began its operations in 2001 with the Alloys and Metallic’s segment and today is India's leading automotive technology company. The company specializes in designing, developing, manufacturing, and supplying highly engineered powertrain solutions for automotive OEM manufacturer across the world. Their products are used in various categories, including two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid cars, heavy duty vehicles, and electric vertical take-off and landing (eVTOL) categories. The company has a diverse product portfolio catering to electric vehicles (EVs) and internal combustion engine vehicles (ICEs). They are the only player manufacturing and exporting CVT hubs to global e-bike OEMs from India and are the only manufacturer of integrated electric powertrain products for e-bikes in India. The company has been involved in acquisition and joint venture to step into new horizons. The company has developed in-house design and engineering capabilities, as well as manufacturing and validation capabilities, with adequate R&D resources, equipment, assembly lines, and end-of-line testing machines.

IPO
HDB Financial Services

Offer Date Coming Soon

BSE, NSE

Established in 2007, HDB Financial Services Limited is a non-banking financial company with a retail focus. The lending products of the company are distributed through the three business segments: Enterprise Lending, Asset Finance and Consumer Finance. The company also provide business process outsourcing (BPO) services like back-office support services, collection and sales support services to our Promoter as well as fee-based products like distribution of insurance products mainly to the lending customers. HDB Financial Services Limited's phygital distribution strategy, through multiple omni-channel channels, leverages a big branch network, internal tele-calling teams and a number of external distribution networks and channel partners. As of September 30, 2024, the Company operated a pan-India network of 1,772 branches spread across 1,162 towns in 31 States and Union Territories, with more than 80% of the branches situated outside India's 20 largest cities. The branch company network is supplemented by the outside distribution channel collaborations with more than 80 brands and original equipment manufacturers (OEMs) and outside distribution networks with more than 140,000 dealers and retailer touchpoints as of September 30, 2024.

IPO
Tata Capital

Offer Date Coming Soon

BSE, NSE

Established in 2007, Tata Capital Limited (TCL) is an Indian diversified financial services company and a subsidiary of Tata Sons Private Limited. TCL is an NBFC (non-banking financial company) engaged in the business of providing diverse financial products and services to retail, corporate, and institutional clients. Company Products: Consumer Loans: Personal loans, housing loans, car loans, education loans, and loans against property. Commercial Finance: Term loans, working capital loans, equipment financing, and lease rental discounting for enterprises. Wealth Management: Activities such as portfolio management, investment advisory, and distribution of financial products. Investment Banking: Equity capital markets, mergers and acquisitions advisory, and structured finance solutions. Private Equity: Management of funds that invest in high-growth companies. Cleantech Finance: Advisory and financing services for renewable energy projects, energy efficiency, waste management, and water management. Tata Capital has its headquarters in Mumbai, Maharashtra, and has a presence of more than 723 branches in India.

IPO
Patel Retail

Offer Date Coming Soon

BSE, NSE

Patel Retail Limited, established in 2008, is a leading retail supermarket chain primarily serving tier-III cities and suburban areas, particularly in Maharashtra's Thane and Raigad districts. With a focus on value retail, the company operates thirty-one stores spanning approximately 1,26,000 sq. ft. As part of its strategy to enhance margins and brand visibility, Patel's R Mart has introduced private label products like Patel Fresh pulses and Indian Chaska spices, sourced and packaged at their processing facility in Ambernath, Maharashtra.

IPO
IndiaFirst Life Insurance Company

Offer Date Coming Soon

BSE, NSE

IndiaFirst Life Insurance started operating in 2009 as a private life insurance company. The Indian private life insurance firm was one of the fastest growing regarding New Business IRP in fiscal 2022. It recorded 27.3% CAGR growth in New Business in IRP for the 5-year period ending in fiscal 2022, against the private life insurance segment’s growth of 13.9% CAGR. IndiaFirst Life Insurance is backed by Bank of Baroda - the third-largest public sector bank, and Union Bank of India, the fifth-largest PSU bank. It primarily operates through the expansive bancassurance network, which contributed 91.34% of New Business IRP in fiscal 2022.

IPO
Avanse Financial Services

Offer Date Coming Soon

BSE, NSE

Avanse Financial Services Limited is an education-oriented NBFC leader in India. Its assets under management are the second largest in the market, and its ranking for loan disbursements and profit also leads within its peer group. This education advancement-focused NBFC has student loans available for both studies within the country and international study pursuits. Also, secured loans are available to support education institutions' growth and their infrastructure requirements. Beyond loans, value-added services including life, health, and travel insurance, wellness resources, foreign exchange, and financial health reports are all provided to customers through strategic third-party partnerships. Avanse operates at the grassroots level with a presence across 545 locations across 19 branches, supported by a 215-strong sales force and digital acquisition channel reach into major educational hubs as well as students across the country. Avanse stands for accessible education financing, which empowers students and institutions across the nation with committed, full-spectrum support. It has serviced 545 locations in India and maintained a hybrid presence by strategically combining its physical branch network of 19 branches and sales offices and its 215-strong sales team with the distribution network. As of March 31, 2024, the company's distribution network consisted of 320 active education advisors and aggregators (agents specializing in education loans), 452 direct sales agents (DSAs), and the direct acquisition channel, which includes the digital marketing initiatives and referrals from existing customers.

IPO
Hero FinCorp

Offer Date Coming Soon

BSE, NSE

A diversified financial services company, Hero FinCorp offers two-wheeler financing, advances for buying homes in the affordable housing segment, loans for education, and lends to the small and medium enterprise sector. The lender has presence in over 4,000 cities and towns across India and nearly 2,000 retail financing touchpoints within Hero MotoCorp's network.

IPO
Imagine Marketing(boAt IPO)

Offer Date Coming Soon

BSE, NSE

Incorporated in November 2013, Imagine Marketing Limited is a consumer products company with a digital-first approach. The company provides a broad portfolio of high-quality, lifestyle-oriented consumer products at affordable price points, under its brands boAt. The company provides products across a range of price points and customer segments in several product categories, which include: Audio (wired earphones and headphones, wireless earphones and headphones (neckbands), true wireless stereo (TWS), Bluetooth speakers, home theater systems and sound bars) Wearables (smartwatches) Gaming accessories (wireless and wired headsets, mouse and keyboards) Personal care appliances (trimmers and grooming kits) Mobile accessories (chargers, cables, power banks and other accessories).

IPO
Polymatech Electronics

Offer Date Coming Soon

BSE, NSE

Polymatech Electronics Limited was originally incorporated as Polymatech Electronics Private Limited on May 29, 2007. The company is the first opto-semiconductor chips manufacturer in India. They have a manufacturing facility in Kancheepuram, Tamil Nadu and have bought a BTS (Built to Suit) facility in Krishnagiri, Tamil Nadu. The products of the company are categorised as fully packaged opto-semiconductor chips and luminaries, which are LED lights used for commercial purposes. They began the opto-semiconductor chips production in 2019 and use European and Japanese technologies to offer high-quality products to meet international standards. The company designs, fabricates, manufactures, packs and assembles the opto-semiconductor chips and sells them directly to customers. These chips are also used in their luminary assembly. The company’s luminaries are installed at several factories, temples and stadiums, such as Vishay Precision Group, Shin-Etsu, Japan, Sawai Mansingh Stadium, Parthasarathi Temple, Chennai and more. The opto-semiconductor industry in the world is expected to touch USD 59,224 million by 2028 from USD 43,780 million in 2022. The growth is primarily driven by the automotive sector and infrastructure providers to provide lighting in commercial spaces or households. The company can benefit from the demand.

IPO
Capital Small Finance Bank Limited

Offer Date Coming Soon

3 Mainboard

Capital Small Finance Bank Limited is a a small finance bank. In 2015, Capital SFB became the first non-NBFC microfinance entity to receive the SFB license. The company has a strong presence in semi-urban and rural areas with a branch-based operating model. Capital Small Finance Bank targets middle-income customer segments with an annual income of ₹0.4-5 million. They aim to be the primary banker for these customers through a mix of product offerings, customer service, physical branches, and digital channels. Capital Small Finance Bank is headquartered in Jalandhar, Punjab and has strategically expanded its SFB operations in northern states of India such as Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh and UT Chandigarh. As of June 30, 2023, Capital Small Finance Bank had a presence in five states and one union territory, with a total of 172 branches and 174 ATMs. The bank's branches were predominantly located in rural and semi-urban areas, covering 24 districts, and serving approximately 75.90% of the total customers, both in terms of credit and deposits. This suggests that the bank has a well-defined niche catering to the middle-income group, with a special emphasis on rural and semi-urban areas. As of March 31 and June 30, 2023, respectively, 99.82% and 99.84% of the bank's loan book was secured, with 85.16% and 84.66% of loans secured by immovable properties. The average ticket size of Capital Small Finance Bank agriculture, MSME and trading, and mortgage lending products as of March 31, 2023, were ₹ 1.23 million, ₹ 1.82 million, and ₹ 1.16 million respectively. As of June 30th, 2023, Capital Small Finance Bank has a total of 1827 employees working for the organization.

IPO
Paras Healthcare

Offer Date Coming Soon

BSE, NSE

Established in1987, Paras Health is a healthcare service provider having a chain of hospitals spread over North India, Bihar, and Jharkhand. As of March 31, 2024, Paras Health had a combined bed capacity of 2,135 beds, which ranked the company as the fifth-largest healthcare service provider by bed capacity among its peers in these locations. The organization has eight hospitals with the Paras Health brand, namely Gurugram and Panchkula (Haryana), Patna and Darbhanga (Bihar), Kanpur (Uttar Pradesh), Udaipur (Rajasthan), Ranchi (Jharkhand), and Srinagar (Jammu and Kashmir, UT). Paras Health increased its bed strength from 1,250 beds in March 2022 to 2,135 beds in March 2024. As of March 31, 2024, the company had a medical staff of 1,091 doctors and 1,509 nurses at its hospitals.

IPO
Vikran Engineering

Offer Date Coming Soon

BSE, NSE

Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) entity.The projects of the company include underground water distribution and surface water extraction, overhead tanks, and distribution networks. Service Sectors: Power Transmission and Distribution: Experts in extra-high voltage (EHV) substations up to 400kV and integrated power distribution solutions. Water Infrastructure: Involved in underground water distribution, surface water extraction, overhead tanks, and distribution network projects. Railway Infrastructure: Offering services in railway infrastructure projects. Solar Energy: Increasing presence in solar EPC projects. As of August 31, 2024, we have executed 44 projects in 11 states with a total executed contract value of Rs 18,958.14 million. As of August 31, 2024, we have 34 projects under execution in 17 states, aggregating orders of Rs 39,570.55 million, of which the Order Book is Rs 19,557.00 million. The clients of the company in the government industry are NTPC Limited, Power Grid Corporation of India Limited, South Bihar Power Distribution Co. Ltd., North Bihar Power Distribution Co. Ltd., Transmission Corporation of Telangana Limited and others. The company has pan-India operations backed by 195 sites and store locations up to August 31, 2024. The company provide a variety of EPC services that meet the individual requirements of our customers pan-India.

IPO
Solarworld Energy Solutions

Offer Date Coming Soon

BSE, NSE

SolarWorld Energy Solutions Limited was founded in 2013 and provides solar energy solution services that deliver engineering, procurement, and construction (EPC) for solar power projects. Its client list features SJVN Green Energy Limited, Haldiram Snacks Private Limited, Ethnic Food Manufacturing Private Limited, and Samiksha Solarworld Private Limited.

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Listed IPOs

IPO
Tankup Engineers

Offer Date: Apr 23, 2025 - Apr 25, 2025

NSE SME

Listing Date

2025-04-30

List Price

175.0

Offer Price

133-140

Subscription

124.79 times
Listing Price : ₹175.0 at a Premium of 25%
IPO
Spinaroo Commercial

Offer Date: Mar 28, 2025 - Apr 3, 2025

BSE SME

Listing Date

2025-04-08

List Price

52.85

Offer Price

51

Subscription

1.57 times
Listing Price : ₹52.85 at a Premium of 3.63%
IPO
Infonative Solutions

Offer Date: Mar 28, 2025 - Apr 3, 2025

BSE SME

Listing Date

2025-04-08

List Price

63.2

Offer Price

75-79

Subscription

4.53 times
Listing Price : ₹63.20 at a Discount of 20%
IPO
Retaggio Industries

Offer Date: Mar 27, 2025 - Apr 2, 2025

BSE SME

Listing Date

2025-04-07

List Price

25.1

Offer Price

25

Subscription

1.86 times
Listing Price : ₹25.1 at a Premium of 0.40%
IPO
Identixweb Limited

Offer Date: Mar 26, 2025 - Mar 28, 2025

BSE SME

Listing Date

2025-04-03

List Price

55.0

Offer Price

51-54

Subscription

26.15 times
Listing Price : ₹55.0 at a Premium of 1.85%

Mainboard IPOs

Current Mainboard IPOs for This Week and the Upcoming Week: Ather Energy IPO, National Securities Depository Limited (NSDL) IPO, Arisinfra Solutions IPO

Upcoming Mainboard IPOs Expected in the Coming Months of This Year and Next Year: LG Electronics India IPO, Hero Motors IPO, HDB Financial Services IPO, Tata Capital IPO, Patel Retail IPO, IndiaFirst Life Insurance Company IPO, Avanse Financial Services IPO, Hero FinCorp IPO, Imagine Marketing(boAt IPO) IPO, Polymatech Electronics IPO

Recently Listed Mainboard IPOs: Quality Power Electrical Equipments IPO, Hexaware Technologies IPO, Ajax Engineering IPO, Dr. Agarwal's Health Care IPO, Denta Water and Infra IPO


SME IPOs

Current SME IPOs for This Week and the Upcoming Week: Iware Supplychain Services IPO, Arunaya Organics IPO, Kenrik Industries IPO, Wagons Learning IPO, Srigee DLM IPO, Manoj Jewellers IPO, Aten Papers & Foam IPO

Recently Listed SME IPOs: Tankup Engineers IPO, Spinaroo Commercial IPO, Infonative Solutions IPO, Retaggio Industries IPO, Identixweb Limited IPO

About IPO

What is an Initial Public Offering (IPO)?

IPO or Initial Public Offering is a process by which a Private company becomes a Public Company. The company becomes 'Public' when it starts offering its shares to the Public for the first time. Selling shares is like giving a stake of the company to the shareholders.

Types of IPOs:

  • Mainline IPOs: Mainline IPOs are the process by which large companies come out with an offer of equity on main stock exchanges like NSE and BSE.
  • SME IPOs: Through these IPOs, smaller companies are allowed to go public and to source finance by getting listed on markets such as the NSE and the BSE.

What is a company's motive behind launching an IPO?

A company is about to unleash the huge potential for growth when it accomplishes many milestones through its IPO! Going public offers a business the possibility of raising a significant amount of funds at a higher level to fuel growth, new offerings, and debt repayment. IPOs multiply investment avenues and opportunities for a business, as an IPO lends credibility and authenticity to the firm.

How does a company file for an IPO?

  1. Decision to Go Public
  2. Selecting Underwriters
  3. Due Diligence and Preparation
  4. Regulatory Filing
  5. Marketing the IPO
  6. Pricing the IPO
  7. Going Public
  8. Post-IPO Responsibilities

Categories of IPO investors:

  • Retail Investors (General Public)
  • Qualified Institutional Buyers (QIB)
  • Non-Institutional Investor (NII) / High Net Worth Individuals (HNI)
  • Employees and Affiliates (In some special cases)

Methods to apply for an IPO online:

  • Through a Trading Account with a Broker or Service Providers
  • Through UPI Method
  • By Net Banking By ASBA method

Easiest way to APPLY IPO using ipoji.com or IPO Ji App

  1. Open the IPO Ji App or Website
  2. Find All the Exciting List of IPOs
  3. Press "Apply" Button
  4. Enter Your Demat Account
  5. Select Your Shares and Submit
  6. Track Your IPO Status

Download IPOJi App for a seamless experience! Click here

FAQs

Ans. To a company, an IPO is the most exciting milestone: listing on the stock exchange! That's when a privately run business opens its doors to public investors who get a chance to buy some stock and become part-owners of the business. That very transformation lets them not only refill their business with fresh capital, hence its fuel, but also increase brand value, credibility, and market presence. To investors, the IPO represents the golden opportunity for participation in ground-floor, potentially very high-growth ventures. That is the time when dreams of expansion, innovation, and wealth creation all come together in an overactive mix to create an atmosphere of excitement within the financial world.

Ans. Anybody can invest in an IPO, but the type of process involved and its eligibility may differ in certain cases depending on the form of investor and the respective IPO. The five primary categories of investors include:

  • Retail Investors: This category constitutes individual investors who are basically able to purchase shares of an IPO through a brokerage account. Most often, they would have to meet certain criteria that the brokerage firm sets down, which can be a minimum account balance or trading history.
  • Institutional investors: These are large institutions, such as mutual funds, hedge funds, pension funds, and insurance companies. They get preferential treatment buying into IPOs, given their buying power and influence.
  • Accredited Investor: A high-net-worth individual that meets some predefined criteria of income or net worth thresholds; would normally have a wider range of investment opportunities, which could include IPOs.
  • Employees and Affiliates: Sometimes the company going public issues shares to their employees, executives, and affiliates at a concessional rate or as part of the benefits package.
  • Foreign Investors: Non-residents or international investors can also invest in IPOs if permitted by the regulations and restrictions of their home country and the country of the issuing company.

Ans. The subscription period is the time set for an IPO during which one can apply for the subscription of the shares of a company going public. Normally, it is a few-day window in which any interested investor can place his bid or subscription for the number of shares he wants to buy at a price within the specified range. After the close of the subscription period, the company and its underwriters gauge demand, allot shares to successful bidders, and confirm the offering price. It is a rather tense and euphoric period, for this actually seals the deal for initial investor interest and lays the ground for the company to launch onto the stock exchange!

Ans. To apply for an IPO using IPO Ji, follow these steps:

  • Research the Company
  • Check the Valuation
  • Understand Market Conditions
  • Know Subscription Status
  • Review the Red Herring Prospectus (RHP)
  • Set Realistic Bids
  • Diversify Your Investments
  • Avoid Multiple Applications
  • Keep Documents Ready
  • Track Allotment Status
  • Be Aware of Post-IPO Responsibilities
  • Consult a Financial Advisor

Ready to invest? Apply now using the IPO Ji App or visit ipoji.com!

Ans. You can get exclusive details of mainline/mainboard upcoming IPOs & SME IPOs right here on IPO Ji.

Ans. Here are some important things to keep in mind while applying for an IPO:

  • Research the Company
  • Check the Valuation
  • Understand Market Conditions
  • Know Subscription Status
  • Review the Red Herring Prospectus (RHP)
  • Set Realistic Bids
  • Diversify Your Investments
  • Avoid Multiple Applications
  • Keep Documents Ready
  • Track Allotment Status
  • Be Aware of Post-IPO Responsibilities
  • Consult a Financial Advisor

Ans. You can check allotment status here on IPO Ji website/App.