IPO List 2025: All IPOs in 2025

373 IPOs (104 mainboard, 269 SME) raised ₹1,18,419 crore.

2026 2025 2024 2023

Total IPOs373

Funds raised₹1,18,419 Cr

Mainboard raised₹98,360 Cr

SME raised₹20,059 Cr

Average listing gain—

Median listing gain—

Listed at a premium—

Listing data0 of 373 IPOs

IPOs by month in 2025

By issue open date

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Listing prices haven't been recorded for 2025 IPOs yet, so listing-gain rankings will appear once they are added.

Largest issues

GLEN IndustriesSME · 15 Jul	₹16,400 Cr
Tata CapitalMainboard · 13 Oct	₹15,512 Cr
LG ElectronicsMainboard · 14 Oct	₹11,607 Cr
ICICI Prudential AMCMainboard · 19 Dec	₹10,603 Cr
Lenskart SolutionsMainboard · 10 Nov	₹7,278 Cr
GrowwMainboard · 12 Nov	₹6,632 Cr
MeeshoMainboard · 10 Dec	₹5,421 Cr
Pine LabsMainboard · 14 Nov	₹3,900 Cr
Tenneco Clean Air India LtdMainboard · 19 Nov	₹3,600 Cr
PhysicsWallahMainboard · 18 Nov	₹3,480 Cr

IPO List 2025: All IPOs

Company	Subscription	Price Band	Issue Size	GMP · Est. Listing
VG Virtual Galaxy Infotech SME Listed	19 May 2025 Opened 9 May	₹142	—	+₹110 ▲ 77.5% Est. ₹252
MJ Manoj Jewellers SME Listed	12 May 2025 Opened 5 May	₹54	—	—
SD Srigee DLM SME Listed	12 May 2025 Opened 5 May	₹99	—	+₹45 ▲ 45.5% Est. ₹144
WL Wagons Learning SME Listed	9 May 2025 Opened 2 May	₹82	—	₹-2 ▼ 2.4% Est. ₹80
AO Arunaya Organics SME Listed	7 May 2025 Opened 29 Apr	₹58	—	—
KI Kenrik Industries SME Listed	9 May 2025 Opened 29 Apr	₹25	—	—
AE Ather Energy Mainboard Listed	6 May 2025 Opened 28 Apr	₹321	—	+₹12 ▲ 3.7% Est. ₹333
IS Iware Supplychain Services SME Listed	6 May 2025 Opened 28 Apr	₹95	—	+₹2 ▲ 2.1% Est. ₹97
TE Tankup Engineers SME Listed	25 Apr 2025 Opened 23 Apr	₹140	—	+₹8 ▲ 5.7% Est. ₹148
IS Infonative Solutions SME Listed	8 Apr 2025 Opened 28 Mar	₹79	—	—
SC Spinaroo Commercial SME Listed	8 Apr 2025 Opened 28 Mar	₹51	—	—
RI Retaggio Industries SME Listed	7 Apr 2025 Opened 27 Mar	₹25	—	—
I Identixweb SME Listed	3 Apr 2025 Opened 26 Mar	₹54	—	+₹4 ▲ 7.4% Est. ₹58
AE ATC Energies SME Listed	2 Apr 2025 Opened 25 Mar	₹118	—	+₹4 ▲ 3.4% Est. ₹122
SA Shri Ahimsa Naturals SME Listed	2 Apr 2025 Opened 25 Mar	₹119	—	+₹19.5 ▲ 16.4% Est. ₹138.5
DI Desco Infratech SME Listed	1 Apr 2025 Opened 24 Mar	₹150	—	—
AI Active Infrastructures SME Listed	28 Mar 2025 Opened 21 Mar	₹181	—	+₹1 ▲ 0.6% Est. ₹182
RF Rapid Fleet SME Listed	28 Mar 2025 Opened 21 Mar	₹192	—	—
GC Grand Continent Hotels SME Listed	27 Mar 2025 Opened 20 Mar	₹113	—	+₹1 ▲ 0.9% Est. ₹114
DH Divine Hira Jewellers SME Listed	24 Mar 2025 Opened 17 Mar	₹90	—	+₹3 ▲ 3.3% Est. ₹93
PP Paradeep Parivahan Limited SME Listed	24 Mar 2025 Opened 17 Mar	₹98	—	—
SI Super Iron Foundry SME Listed	19 Mar 2025 Opened 11 Mar	₹108	—	+₹3 ▲ 2.8% Est. ₹111
PS PDP Shipping SME Listed	18 Mar 2025 Opened 10 Mar	₹135	—	—
NG NAPS Global India SME Listed	11 Mar 2025 Opened 4 Mar	₹90	—	—
BP Balaji Phosphates SME Listed	7 Mar 2025 Opened 28 Feb	₹70	—	—

Listing gains compare the listing-day price with the upper price band and are based on 0 IPOs with a recorded listing price. Past listings don't indicate future returns.