Mainboard IPOs in 2025
Mainboard IPOs in 2025
Discover all Mainboard IPOs and their market potential.
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Open IPOs
There are no open mainboard IPOs at the moment
Upcoming IPOs
Date announced
Name | Status | |
|---|---|---|
 Meesho IPOMainboard, e-Commerce | 3 Dec 2025 Opening | RHP |
Aequs IPOMainboard, Engineering | 3 Dec 2025 Opening | RHP |
Vidya Wires IPOMainboard | 3 Dec 2025 Opening | RHP |
Dates yet to be announced
Closed IPOs
There are no closed mainboard IPOs at the moment
Listed IPOs
Name | Listing Date | Today's LTP | Listing Price | Listing gains/loss |
|---|---|---|---|---|
Sudeep Pharma IPOMainboard, Pharmaceuticals & Drugs | 28 Nov 2025 | --- | ₹730.00 | 23.10% |
Excelsoft Technologies IPOMainboard, IT - Software | 26 Nov 2025 | --- | ₹135.00 | 12.50% |
Capillary Technologies India IPOMainboard, IT - Software | 21 Nov 2025 | --- | ₹571.90 | -0.88% |
Fujiyama Power Systems IPOMainboard, Power Generation/Distribution | 20 Nov 2025 | --- | ₹220.00 | -3.51% |
Tenneco Clean Air IPOMainboard | 19 Nov 2025 | --- | ₹505.00 | 27.20% |
View more listed IPOs
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Excelsoft Technologies IPO Day 3: The ₹500 crore initial share sale, with a price band of ₹114 to ₹120 per share, was a fresh issuance of shares aggregating to ₹180 crore and an offer for sale of 2.67 crore shares worth ₹320 crore by promoter selling shareholder Pedanta Technologies Pvt Ltd.
3 min read
Capillary Technologies share price: The ₹877.70 crore initial share sale was a fresh issuance of equity shares valued at ₹345.20 crore and an offer for sale of 92.28 lakh shares valued at ₹532.50 crore by promoter Capillary Technologies International and investor Trudy Holdings.
2 min read
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About Mainboard IPO
A mainboard IPO refers to the process where a large privately held company offers its shares to the public for the first time to raise capital from the primary market. Mainboard IPOs are generally launched on both the leading stock exchanges, the NSE and BSE.To qualify for a mainboard IPO, companies must meet stringent eligibility criteria, including a minimum post-issue paid-up capital of ₹10 crore. Mainboard IPOs in India are regulated by the Securities and Exchange Board of India (SEBI) for transparency and investor protection. For information on current IPOs, you can check the IPO section on the Upstox app and the website.
How to apply for a mainboard IPO on Upstox?
Web: You can apply for an IPO through the Upstox website. Go to https://upstox.com/ipo/mainboard/ and log in. From the Open Mainboard IPOs list, choose your IPO and click apply. Enter cutoff price, lot size, and your UPI ID for the mandate. Approve the UPI mandate in your UPI app. Check your application status under the My Application tab.
App: Applying for a mainboard IPO on Upstox is simple and user-friendly.
- Start by logging into the app using your 6-digit PIN or biometrics.
- Navigate to the More tab, select IPO, and explore the current IPOs list.
- Choose your desired IPO from the available options, including mainboard IPOs, and click Apply Now.
- Fill in the required details, enter your UPI ID and proceed to approve the UPI mandate request in your UPI app.
- Once approved, track your application under the My Application tab. Upstox also provides key details about upcoming mainboard IPOs, allowing investors to keep track of the public offers of big companies.
Frequently asked questions
How does a mainboard IPO differ from an SME IPO?
A mainboard IPO differs from an SME IPO in scale, regulatory requirements and market focus. Here are some major differences:
- The Draft Red Herring Prospectus (DRHP) for a mainboard IPO is filed with SEBI, while the stock exchanges review the draft papers for an SME IPO.
- The minimum investment amount in a mainboard IPO ranges from ₹10,000 to ₹15,000. For SME IPs, the minimum investment generally starts at ₹1,00,000.
- For a mainboard IPO, the company must have at least a post-issue capital of ₹10 crore. The post-issue capital for an SME IPO is capped at ₹25 crore.
- Mainboard IPOs are listed on both the NSE and BME. On the other hand, SME IPOs are listed on the respective SME platforms of stock exchanges, like the BSE SME and NSE Emerge.
- There is no market maker’s portion in a mainboard IPO, while for SME IPOs market making is required.
- The companies launching mainboard IPOs must file financial reports every 3 months. For SMEs, financial reports should be filed every six months.
When does a mainboard IPO start trading on the exchange?
The mainboard IPO listing takes place as per the scheduled date. The IPO listing is done following the finalisation of share allotment and transfer of the shares to the Demat accounts of the allottees. The stock of the company starts trading at 10 am on the BSE and NSE on the date of listing. The trading starts following a pre-open session between 9 am and 10 am. Investors can keep track of current IPOs through the Upstox app.
Which mainboard IPO is expected to open next?
Mainboard IPOs expected to open next are:
Meesho IPO opening on 2025-12-03,
Aequs IPO opening on 2025-12-03,
Vidya Wires IPO opening on 2025-12-03,
Fractal Analytics IPO,
Clean Max Enviro Energy Solutions IPO
Other IPO Links
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!
Other IPO Links