Closed IPOs in 2025

Closed IPOs in 2025
Get insights into IPOs that recently closed for subscription.
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Tankup Engineers IPOSME

0.0x

subscribed

Allotment Date28 Apr 2025
Demat Transfer29 Apr 2025
Listing Date30 Apr 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 IPO

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Upcoming IPOs: Shares of Arunaya Organics will list on the NSE SME platform Emerge, while Kenrik Industries shares will debut on BSE SME.

2 min read

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Tankup Engineers IPO is a fresh issue of 13.95 lakh shares valued at ₹19.53 crore. There is no offer-for-sale component. The money raised will be used to clear debt and meet working capital requirements.

2 min read

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Upcoming IPO: Prestige Hospitality Ventures, which currently operates seven hotels, will raise up to ₹1,700 crore through a fresh issue component.

2 min read

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Iware Supplychain Services IPO: The initial share sale is solely a fresh issuance of 28,56,000 equity shares worth ₹27.13 crore. For retail investors, the minimum investment size is one lot, or 1,200 shares worth ₹1,14,000.

2 min read

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Ather Energy IPO opens on April 28, 2025, with an issue size of ₹2,980.7 crore. The price band is set between ₹304-₹321 per share, with a lot size of 46 shares. Ather Energy is a leading electric two-wheeler manufacturer in India, known for premium e-scooters.

4 min read

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Ather Energy IPO: The ₹2,980.76 crore initial share sale, with a price band of ₹304 to ₹321 per share, is a fresh issue of ₹2,626 crore as well as an offer for sale of 1.11 crore shares. The offer will conclude on April 30.

2 min read

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Tankup Engineers IPO price band has been fixed at ₹133 to ₹140 per share. The initial share sale is a fresh issuance of equity shares worth ₹19.53 crore without an offer-for-sale (OFS) component.

2 min read

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Ather Energy IPO is a mix of a fresh issue of 8.18 crore equity shares worth ₹2,626 crore and an offer for sale (OFS) of ₹354.76 crore. The total issue size is ₹2,980.76 crore.

2 min read

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Tankup Engineers IPO is solely a fresh issue of 13.95 lakh shares aggregating to ₹19.53 crore. There is no offer-for-sale (OFS) component.

2 min read

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Moon Beverages has invested ₹4,000 crore so far and plans to invest further for its two upcoming plants at Guwahati, Assam and Rourkela in Odisha, which will add up to 7,000 bpm (bottlings per minute) capacity.

4 min read

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Continuum Green Energy Ltd has received approval from SEBI to launch its ₹3,650 crore IPO. The offer includes a fresh issue worth ₹1,250 crore and an offer-for-sale of ₹2,400 crore by its promoter.

2 min read

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Tata Capital IPO: Tata Capital said that the board of directors of the company has approved the IPO of the equity shares of face value of ₹10 each, comprising a fresh issue of 23 crore shares and an OFS.

4 min read

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Upcoming IPO: The initial share sale will be a combination of fresh issuance as well as an offer for sale (OFS) component. The money raised will likely be used to develop new properties and clear debt.

2 min read

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Tankup Engineers IPO: The ₹19.53 crore initial share sale is solely a fresh issuance of 13.95 lakh shares. A retail investor can apply for a minimum of 1000 shares or 1 lot, requiring a minimum investment of ₹1,33,000.

2 min read

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Zepto has renamed its parent entity from Kiranakart Technologies to Zepto Private Limited ahead of a potential IPO. Incorporated in 2021, Zepto operates in the fast-growing quick commerce space. This move comes ahead of a potential IPO.

3 min read

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Ajax Engineering gained 2% to ₹640 on the National Stock Exchange (NSE) on April 16, with a market capitalisation of ₹7,322.04 crore. The stock is up 1.74% from the issue price of ₹629 per share.

2 min read

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Upcoming IPOs: The two companies, which filed their draft IPO papers in November and December 2024, are expected to raise over ₹4,000 crore.

2 min read

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Tata Capital, the financial services arm of Tata Group, has filed DRHP with SEBI for a $2 billion IPO via a confidential route. The valuation is expected to be around $11 billion.

3 min read

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Hexaware Technologies shares on Tuesday climbed 2.23% to ₹640 per unit on the NSE. It is down 9.6% from the issue price of ₹708.

2 min read

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Urban Company is expected to file a draft red herring prospectus (DRHP) or initial IPO papers with the market regulator, the Securities and Exchange Board of India, by next month

2 min read

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Upcoming IPOs: The four companies are collectively looking to raise ₹6,345 crore through public issues. These firms received SEBI's observations between April 1 and 3.

2 min read

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Spinaroo Commercial IPO was subscribed 1.52 times, with non-institutional investors (NIIs) being at the top with 1.84 times subscription. The portion set aside for retail investors was subscribed 1.2 times.

2 min read

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Infonative Solutions share price: As the minimum bid size for retail individual investors was 1,600 shares, allottees were sitting at a loss of ₹25,280 per lot.

2 min read

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Imagine Marketing's decision to opt for the confidential pre-filing route is part of a growing trend among Indian companies. Recently, Tata Group financial services arm Tata Capital and edtech unicorn PhysicsWallah also opted for the confidential filing route.

2 min read

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Retaggio Industries share price: As the minimum bid size for retail individual investors was 6,000 shares, successful bidders managed listing gains of a mere ₹600 per lot.

2 min read


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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
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