Closed IPOs in 2025

Closed IPOs in 2025
Get insights into IPOs that recently closed for subscription.
sme
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Allotment Date26 Dec 2025
Demat Transfer29 Dec 2025
Listing Date30 Dec 2025
Allotment Date26 Dec 2025
Demat Transfer29 Dec 2025
Listing Date30 Dec 2025
Allotment Date26 Dec 2025
Demat Transfer29 Dec 2025
Listing Date30 Dec 2025
Allotment Date26 Dec 2025
Demat Transfer29 Dec 2025
Listing Date30 Dec 2025
Allotment Date26 Dec 2025
Demat Transfer29 Dec 2025
Listing Date30 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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Gujarat Kidney and Super Speciality IPO: The ₹250.80 crore initial share sale, with a price band of ₹108 to ₹114 per share, was only an offer for sale of 2.2 crore equity shares. A lot consists of 128 shares.

3 min read

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The Coal India board gave in principle approval for the listing of two key subsidiaries. Mahanadi Coalfields is the largest bottom-line contributor to the consolidated net profit of Coal India. While SECL holds the largest output reserve of Coal India. While BCCL is India's largest coking coal producer with 58% market share.

4 min read

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Sundrex Oil Company IPO: The ₹32.25 crore initial share sale is exclusively a fresh issuance of 37,50,400 shares. With a price band of ₹81 to ₹86 per share, the minimum investment for an individual investor is 3,200 shares.

3 min read

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Shyam Dhani Industries IPO: The ₹38.49 crore initial share sale is only a fresh issuance of 54,98,000 shares without an offer for sale component. With a price band of ₹65 to ₹70 per share, the minimum investment for an individual investor is 4,000 shares.

3 min read

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Mainboard IPOs 2025: The average initial public offering size was ₹1,697 crore in 2025. This year saw four IPOs raising more than ₹10,000 crore.

3 min read

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Reliance Jio IPO is one of the most anticipated IPOs of 2026. The company is expected to bring its public issue in the first half of 2026. Flipkart, PhonePe, Zepto, SBI Mutual Fund, Fractal Analytics and others are also expected to bring their IPOs in 2026.

7 min read

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The travel tech platform's shareholders greenlighted the proposal at an Extraordinary General Meeting (EGM) held on December 20, 2025

2 min read

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Apollo Techno Industries IPO: The ₹47.96 crore initial share sale is exclusively a fresh issuance of 36,89,000 shares without an offer for sale (OFS) component. The fresh issue proceeds will be utilised to meet working capital requirements and general corporate purposes.

3 min read

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Gujarat Kidney and Super Speciality IPO: The ₹250.80 crore IPO consists solely of a fresh issuance of 2.20 crore shares. There is no offer for sale (OFS) component.

3 min read

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Upcoming IPOs: The initial public offering of construction firm Dhariwal Buildtech will be a mix of a fresh issuance of equity shares aggregating to ₹950 crore, as per its DRHP.

3 min read

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Top SME IPOs of 2025: In 2025, one SME IPO recorded gains of over 400%, one has risen more than 300%, while seven have climbed over 200%.

3 min read

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Overall, companies across market capitalisations, large, mid and small, tapped the IPO route, with the average issue size exceeding ₹1,700 crore, suggesting the breadth of participation.

5 min read

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The IPO with the highest return in the year 2025 came from the SME segment. In this article, we take a look at the top-performing initial public offerings from the SME and mainboard segments.

3 min read

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Tonbo Imaging India IPO: The proposed initial share sale is only an offer for sale (OFS) of 18,085,246 equity shares without a fresh issue component.

2 min read

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KSH International share price: The ₹710 crore initial share sale consisted of a fresh issuance of shares aggregating to ₹420 crore and an offer-for-sale (OFS) component worth ₹290 crore by promoters. It had a price band of ₹365 to ₹384 per share.

2 min read

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Shyam Dhani Industries IPO: The ₹38.49 crore NSE SME initial share sale is a fresh issuance of 54,98,000 shares without an offer for sale (OFS) component. It has set a price band at ₹65 to ₹70 per share.

3 min read

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Gujarat Kidney and Super Speciality IPO: The ₹250.80 crore initial share sale is a fresh issuance of 2,20,00,000 shares without an offer for sale (OFS) component.

3 min read

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Symbiotec Pharmalab IPO will be a mix of a fresh issue of equity shares worth ₹150 crore and an offer for sale (OFS) of ₹2,030 crore by a promoter and existing investors, according to the preliminary papers.

2 min read

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Upcoming IPOs: Listings scheduled for this week include KSH International, Neptune Logitek, MARC Technocrats, Global Ocean Logistics and Phytochem Remedies.

4 min read

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KSH International IPO allotment finalised: The ₹710 crore initial public offering, with a price band of ₹365 to ₹384 per equity share, was a combination of fresh issuance of shares valued at ₹420 crore and an offer-for-sale of stocks totalling ₹290 crore by promoters.

3 min read

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Global Ocean Logistics IPO: The ₹30.41 crore initial share sale, with a price band of ₹74 to ₹78 per share, is exclusively a fresh issuance of 38,99,200 shares.

3 min read

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ICICI Prudential AMC share price: The book-build issue sought to raise ₹10,602.65 crore by an offer for sale (OFS) of 4.90 crore shares by promoter Prudential Corporation Holdings.

3 min read

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Sonaselection India IPO: The Bhilwara-headquartered company's initial share sale will comprise a fresh issuance of 1.43 crore shares with no offer for sale (OFS) component, according to the preliminary papers.

2 min read

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ICICI Prudential AMC IPO Listing Date: The ₹10,602.65 crore book-build issue was exclusively an offer for sale (OFS) of 4.90 crore equity shares without a fresh issue component.

3 min read

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Travelstack Tech IPO: The initial share sale consists of new equity shares valued at ₹250 crore and an offer for sale (OFS) of 26,852,969 equity shares.

2 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