Closed IPOs in 2025

Closed IPOs in 2025
Get insights into IPOs that recently closed for subscription.
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Srigee DLM IPOSME

478.42x

subscribed

Allotment Date08 May 2025
Demat Transfer09 May 2025
Listing Date12 May 2025
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Manoj Jewellers IPODiamond & Jewellery, SME

1.0x

subscribed

Allotment Date08 May 2025
Demat Transfer09 May 2025
Listing Date12 May 2025
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Kenrik Industries IPODiamond & Jewellery, SME

1.97x

subscribed

Allotment Date07 May 2025
Demat Transfer08 May 2025
Listing Date09 May 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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Co-working operator Awfis has already launched its IPO and is listed on the stock exchanges. Smartworks, WeWork India and IndiQube Spaces Ltd have already filed the preliminary documents with the markets regulator SEBI to launch their IPOs.

3 min read

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Upcoming IPO: Mouri Tech proposes to raise ₹250 crore through selling new shares, while promoters and a selling shareholder plan to sell stock to the tune of ₹1,250 crore.

2 min read

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Simple Energy has set an ambitious target of clocking USD 96 million (₹800 crore) in revenue in FY26 with an aim to cross USD 180 million (₹1,500 crore) in cumulative revenue over the next 18 months.

3 min read

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Virtual Galaxy Infotech IPO opens for subscription from May 9 to 14, aiming to raise ₹93.29 crore via SME route. IPO price band is ₹135–₹142 per share with a lot size of 1,000 shares. Net IPO proceeds will be used to open new development facility in Nagpur, IT upgrades, hiring, and debt repayment.

3 min read

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Srigee DLM IPO allotment status will be finalised on Thursday, May 8. The finalisation details will be available on BSE and Bigshare Services websites.

2 min read

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Arunaya Organics share price: The funds generated from the IPO are intended to be used for establishing a manufacturing facility, funding working capital requirements, and general corporate purposes.

2 min read

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Kenrik Industries IPO allotment: The initial share sale was a fresh issue of 34.98 lakh shares aggregating to ₹8.75 crore. There was no offer for sale component. The money raised to the tune of ₹6.56 crore will be utilised for working capital needs, and ₹1.80 crore for corporate general purposes.

2 min read

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Upcoming IPOs: These five companies, which filed their preliminary IPO papers with SEBI in December and January, obtained their observations during April 29-30, the data showed.

3 min read

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Kenrik Industries IPO allotment will be finalised on Wednesday, May 7. The bid finalisation details will be available on the websites of BSE and Skyline Financial Services.

2 min read

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Iware Supplychain Services share price: As the minimum bid size for retail investors was 1,200 shares, allottees suffered a loss of ₹11,940 per lot at the time of listing.

2 min read

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Arunaya Organics IPO allotment finalised: The initial public offering was a combination of a fresh issuance of equity shares aggregating to ₹30.51 crore, and an offer-for-sale of ₹3.48 crore.

2 min read

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Ather Energy IPO Listing Date: The issue is a fresh issuance of shares valued at ₹2,626.3 crore as well as an offer for sale of ₹354.76 crore. The money raised will be utilised for setting up an electric two-wheeler plant in Maharashtra, research and development, marketing initiatives, debt clearance, and corporate general purposes.

2 min read

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Srigee DLM IPO: The price band is set at ₹94 to ₹99 per equity share. Investors can apply for a lot, consisting of 1,200 shares worth ₹1,12,800.

2 min read

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Ather Energy IPO allotment status: The bid finalisation details are available on the websites of the National Stock Exchange (NSE), the BSE, and the registrar, MUFG Intime India Pvt Ltd (earlier Link Intime India).

3 min read

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Manoj Jewellers IPO is a fresh issuance of 30 lakh equity shares worth ₹16.2 crore. It is a fixed-price issue at ₹54 per share. The company proposes to use the money raised for repayment of certain borrowings and general corporate purposes.

3 min read

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Upcoming IPO: Priority Jewels' initial share sale is completely a fresh issue of 54 lakh equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Wednesday.

2 min read

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Arunaya Organics IPO allotment status will be finalised on Monday, May 5. The bids finalisation details will be available on the websites of the National Stock Exchange (NSE) and registrar, Bigshare Services Pvt Ltd.

2 min read

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Wagons Learning IPO: The ₹38.38 crore initial public offering is a mix of a fresh issuance of shares valued at ₹25.26 crore and an offer-for-sale (OFS) component of ₹13.12 crore.

2 min read

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The investors who participated in Ather Energy's IPO are now waiting for the allotment status to be finalised, which is scheduled for Friday, May 2.

2 min read

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Tankup Engineers share price: The initial share sale was a fresh issue of 13.95 lakh shares worth ₹19.53 crore. The money raised will be used for working capital requirements, repayment of outstanding borrowings, and general corporate purposes. It had a price band of ₹133 to ₹140 per share.

2 min read

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The proposed IPO is entirely an offer-for-sale (OFS) of shares worth ₹2,000 crore by promoter Kapur Family Trust, according to the draft red herring prospectus (DRHP).

2 min read

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Ather Energy IPO: The electric two-wheeler manufacturer's ₹2,981.06 crore issue, with a price range of ₹304-₹321 apiece, will conclude on Wednesday, April 30.

2 min read

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Canara HSBC Life IPO: The proposed initial share sale will be exclusively an offer for sale of up to 237,500,000 shares. Under the OFS, Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited, and Punjab National Bank will offload their stake.

2 min read

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

2 min read

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Tankup Engineers IPO allotment: The ₹19.53 crore initial share sale was solely a fresh issuance of 13.95 lakh equity shares. The funds raised will be utilised for working capital requirements and debt repayment.

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.
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