Current IPOs in 2025

You can check all the IPOs open for subscription via the Upstox app or website and get all the requisite information for making an investment call. The Upstox IPO page carries information about the company’s overview and the offer details. Further, you may refer to the IPO pages of the NSE and BSE to get an update on the companies that have launched their IPOs.

To invest in an IPO you need a Demat account and PAN card. Further, ensure that your bank account is linked with your Demat account for smooth transfer of payments and refunds involved in an IPO application. Investors must refer to the company’s Red Herring Prospectus to understand its credentials and financials before confirming the investment. You can directly apply for shares in an IPO of your choice through the Upstox app and website from anywhere.

The subscription status of an IPO application is confirmed once the bidding closes. The company finalises the allotment of shares from the number of applications received. The allotment status is updated on the respective websites of BSE and NSE in case of mainboard issues. The IPO's registrar also updates the allotment status on its website. For SME IPO, the allotment status is updated on the websites of the respective exchanges— BSE SME and NSE Emerge. You can also check the subscription status of an IPO on the Upstox app.

Following the successful competition of the bidding process, the company finalises the allotment of shares. Typically, this is done on the next working day after the subscription is closed. This is followed by the initiation of refunds for the non-allottees and credit of shares to the Demat accounts of successful bidders. Those who get the shares in the IPO receive an official communication from the company.