Closed IPOs in 2025

Closed IPOs in 2025
Get insights into IPOs that recently closed for subscription.
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Allotment Date01 Dec 2025
Demat Transfer02 Dec 2025
Listing Date03 Dec 2025
Allotment Date01 Dec 2025
Demat Transfer02 Dec 2025
Listing Date03 Dec 2025
Allotment Date28 Nov 2025
Demat Transfer01 Dec 2025
Listing Date02 Dec 2025

How to apply for IPOs on Upstox

Step 1

Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section

Step 2

Click on apply, enter the lot size, price and provide your UPI mandate.

Step 3

Approve the UPI mandate on your UPI app and you are all set!


Latest News on

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Meesho IPO opens for subscription on December 3 with a price band of ₹105 to ₹111 per share and a lot size of 135 shares. Meesho IPO's high grey market premium signals strong demand for the IPO. Check Meesho IPO financials and objectives ahead of IPO launch

7 min read

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Upcoming IPOs: So far this year, 96 companies have debuted on the stock exchanges, raising ₹1.6 lakh crore. More than 40 of these listings occurred in the last three months alone, highlighting the heightened activity in the primary market.

4 min read

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Upcoming IPOs: Listings that are scheduled for next week include SSMD Agrotech India, Mother Nutri Foods, KK Silk Mills, Purple Ware Infocom, Exato Technologies and Logiciel Solutions.

4 min read

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Sudeep Pharma share price: The initial share sale aimed to raise ₹895 crore by offering new equity shares aggregating to ₹95 crore and an offer for sale (OFS) valued at ₹800 crore.

3 min read

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Meesho IPO: The initial public offering is a fresh issuance of shares aggregating up to ₹4,250 crore and an offer for sale of 105,513,839 shares worth ₹1,171.20 crore.

3 min read

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Aequs IPO: The initial share sale, which aims to raise ₹921.81 crore, is a mix of a fresh issuance of shares aggregating to ₹670 crore and an offer for sale (OFS) valued at ₹251.81 crore.

3 min read

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Vidya Wires IPO: The initial share sale is a fresh issuance of ₹274 crore and an offer for sale (OFS) of ₹26 crore by promoters Shyamsundar Rathi and Shailesh Rathi.

2 min read

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December 2025 is expected to see the launch of several big-ticket IPOs worth nearly ₹31,000 crore. Several major companies like ICICI Prudential AMC, Meesho Ltd, Clean Max Enviro Energy, and Milky Mist plan to bring their IPOs next month. Check the complete list of upcoming IPOs.

5 min read

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Aequs IPO: The proposed initial share sale is a fresh issuance of ₹670 crore and an offer for sale (OFS) of 20,307,393 shares by promoter Melligeri Private Family Foundation and investors Amicus Capital Private Equity I LLP, Amicus Capital Partners India Fund II, Amicus Capital Partners India Fund I and Raman Subramanian.

3 min read

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Sudeep Pharma IPO Listing Date: The company sought to raise ₹895 crore by offering new equity shares valued at ₹95 crore and an offer for sale (OFS) conponent worth ₹800 crore.

3 min read

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Invicta Diagnostic IPO: The initial share sale is only a fresh issuance of 33,08,800 shares without any offer for sale (OFS) component. The price band has been fixed at ₹80 to ₹85 per share.

2 min read

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Ravelcare IPO: The Mumbai-based company, which has fixed a price band of ₹123 to ₹130 per share, is seeking to raise ₹24.10 crore exclusively via a fresh issuance of 18,54,000 shares.

3 min read

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Sudeep Pharma IPO allotment: The ₹895 initial public offering was a fresh issue of equity shares worth ₹95 crore as well as an offer-for-sale (OFS) of ₹800 crore by the promoters.

3 min read

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Kolkata-based Laser Power & Infra submitted draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) in September to raise funds via IPO.

2 min read

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Excelsoft Technologies share price: The book-build issue aimed to raise ₹500 crore through a fresh issuance of ₹180 crore and an offer for sale (OFS) of ₹320 crore by promoter Pedanta Technologies.

2 min read

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Excelsoft Technologies IPO Listing Date: The book-build issue sought to raise ₹500 crore via a fresh issuance of ₹180 crore and an offer for sale of ₹320 crore, which will see promoter Pedanta Technologies divest its shares.

3 min read

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SSMD Agrotech IPO: The initial share sale, with a price band of ₹114-₹121 per equity share, is exclusively a fresh issuance of 28.17 lakh equity shares, worth ₹34.09 crore. There is no offer for sale (OFS) component.

3 min read

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Sudeep Pharma IPO: The ₹895 crore initial share sale, with a price band of ₹563 to ₹593 per equity share, is a mix of a fresh issue worth ₹95 crore and an offer-for-sale of shares valued at ₹800 crore by promoters Sujit Jaysukh Bhayani HUF, Sujit Jaysukh Bhayani, Avani Sujit Bhayani and Shanil Sujit Bhayani.

3 min read

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Shares of home appliance maker LG Electronics India are up 43.08% from the IPO issue price of ₹1,140. The stock had debuted at a 50.01% premium. The public offer had sought to raise ₹11,607.01 crore solely by an OFS of 10.18 crore shares.

3 min read

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Upcoming IPOs: The three firms received SEBI's observation during November 17-18, according to an update on the market watchdog's website on Monday. In SEBI's terminology, receiving observations is equivalent to its nod to proceed with a public issue.

3 min read

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Gallard Steel IPO allotment status: The ₹37.50 crore initial share sale was solely a fresh issuance of 25,00,000 equity shares without an offer for sale (OFS) component.

3 min read

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Excelsoft Technologies IPO allotment: The ₹500 crore book-build issue, with a price range of ₹114 to ₹120 per equity share, consisted of a fresh issuance of 1.50 crore shares worth ₹180 crore and an offer for sale (OFS) of ₹320 crore.

4 min read

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Sudeep Pharma IPO: The ₹895 crore initial share sale has set a price band of ₹563 to ₹593 per equity share. A lot consists of 25 shares and multiples thereof.

3 min read

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Upcoming IPOs: Agro-food products SSMD Agrotech India's initial share sale will be open for subscription from November 25 to November 27. The ₹34.09 crore IPO, which has set a price band of ₹114 to ₹121 per share, is exclusively a fresh issuance of 0.28 crore equity shares.

3 min read

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Sudeep Pharma IPO, which is aiming to raise ₹895 crore, consists of a fresh issue of shares valued at ₹95 crore and an offer for sale (OFS) of 13,490,726 equity shares worth ₹800 crore by promoters Sujeet Jaysukh Bhayani HUF, Sujeet Jaysukh Bhayani, Avani Sujit Bhayani and Shanil Sujit Bhayani.

3 min read


What our users have to say
IPO section is awesome now.
⁠Kazi Bakibillah Twasin
I have been using Upstox for the past three years, and it is the best app for investing. I have secured around 10 to 15 IPOs since last year, starting from Tata Technologies to Vishal Mega Mart.
Shubham Kumbhar
Excellent experience in trading with good chart and a good access to ipo and its status.
Ulhas S

What are closed IPOs?

Closed IPOs refer to the initial public offerings that have closed for subscription and are not listed yet on the exchanges. This means investors can no longer bid for shares directly. After the closure of the IPO bidding process, the company assesses the demand based on subscription figures and finalises share allotments. Successful investors are allotted shares while refunds are initiated to unsuccessful bidders. The company then prepares for its debut on the stock exchanges like the NSE and BSE. After listing, the stock is openly traded on the exchanges. The investors can check key details about closed IPOs 2025 via online trading platforms like the Upstox app. Important details like IPO dates, subscription numbers, offer size and price band can be checked on the Upstox app.

What happens after an IPO closes?

Once an IPO closes, the company moves into the share allotment stage, where shares are distributed to applicants. After finalising the IPO allotment status, the company processes refunds for unsuccessful bidders. The shares are transferred to the Demat accounts of the allottees. Then the stock gets listed on the NSE and BSE as per the scheduled listing date. The SME IPOs get listed on the respective BSE SME or NSE Emerge platforms. Investors can begin trading the shares after they are listed on the exchanges. The IPO’s transition from subscription to trading marks its integration into the broader financial market, offering investors opportunities to track its stock performance and plan future investments.

Frequently asked questions

When can I check the allotment status of a closed IPO?

The allotment status of closed IPOs can be checked on Upstox’s IPO webpage. Once the IPO subscription period ends, investors can access IPO share allotment details via the issue registrar’s website, stock exchanges, or online trading platforms like Upstox. The allotment status can also be checked through the Upstox app. Usually, IPO allotment is done a day after the issue closes for bidding.

Can I still invest in a closed IPO?

No, you cannot invest in a closed IPO. Once the IPO’s subscription window closes, you must wait for the shares to be listed on the stock exchanges to buy directly at the prevailing market price. The listing price may vary from the initial offer price, influenced by market conditions and several other factors. By examining IPO subscription details and the performance of past IPOs, investors can gain insights into closed IPOs, helping them strategise for upcoming investments.

What happens after an IPO closes?

After an IPO closes, the allotment process begins, and shares are distributed based on the subscription. Refunds for unsuccessful applications are initiated, and the company prepares for listing on stock exchanges. Investors can track IPO history and the performance of closed IPOs to evaluate trends and plan future investments. The listing price of the IPO may differ from the offer price due to market trends.

Can I still buy shares of a closed IPO?

You cannot buy shares in a closed IPO directly. However, once the IPO is listed on the stock exchanges, the shares become available for trading. These shares may trade at a premium or discount compared to the IPO price. You can buy shares directly through trading on the stock exchanges at the current market price of the shares. Unlike the maximum bidding limit in the IPO, you can buy any quantity of equity stocks of the closed IPOs.
Other IPO Links
  1. Closed IPOs