Closed Mainboard IPOs in 2025

Closed Mainboard IPOs in 2025
Get insights into Mainboard IPOs that recently closed for subscription.
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There are no closed mainboard IPOs at the moment

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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Active Infrastructures IPO comprises entirely a fresh issue of over 43 lakh shares, aggregating to ₹77.83 crore. The issue will close for bidding on Tuesday, March 25. The company has fixed the price band at ₹178 to ₹181 per share for the IPO.

4 min read

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Some companies prefer confidential IPO filings to protect their sensitive data, such as financials and market strategies, safeguard their interests, and enhance due diligence.

3 min read

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Tata Capital, the financial services arm of Tata Group has expedited its IPO process. The company has hired a syndicate of 10 investment banks, including Citibank, Kotak Mahindra, and JP Morgan, will oversee its public offering. Tata Capital is expected to file draft papers by March or April 2025.

2 min read

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Rapid Fleet Management Services aims to raise ₹43.87 crore through its SME IPO. The company has fixed the price band of the issue at ₹183 to ₹192 per share. The issue will close for bidding on March 25.

4 min read

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Active Infrastructures IPO: The ₹77.83 crore initial public offer is a fresh issuance of 43,00,200 shares. There is no offer for sale (OFS) component. Retail investors can apply for a minimum of 600 shares, needing an investment of ₹1,06,800.

2 min read

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Rapid Fleet IPO: The ₹43.87 crore initial public offer is solely a fresh issuance of 22.85 lakh shares. The net issue proceeds will be utilised for the purchase of vehicles, working capital needs, and corporate general purposes.

2 min read

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Five new SME IPOs are set to launch between March 21 and March 25, 2025, including Rapid Fleet Management, Active Infrastructures, Desco Infratech, Shri Ahimsa Naturals, and ATC Energies.

4 min read

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Shri Ahimsa Naturals IPO: Retail investors can bid for at least one lot, consisting of 1,200 shares. The minimum investment amount is ₹1,35,600. High net-worth investors can bid for two lots aggregating to ₹2,85,600.

2 min read

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Grand Continent Hotels IPO: The ₹74.46 crore initial share sale is a mix of a fresh issuance of 62.60 lakh shares amounting to ₹70.74 crore and an offer for sale (OFS) component of 3.29 lakh shares valued at ₹3.72 crore.

2 min read

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Divine Hira Jewellers IPO allotment is expected on Thursday, March 20. The SME IPO closed with strong demand, oversubscribing 4 times, with retail investors’ portion booked 6.62 times as of 5 pm on Day 3.

4 min read

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Divine Hira Jewellers IPO was overall booked 3.93 times on the last day. On the other hand, Paradeep Parivahan's IPO closed with a subscription of 2 times. Super Iron Foundry shares were listed on the BSE SME platform flat at ₹107.95 apiece.

3 min read

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Paradeep Parivahan IPO: The initial share sale is completely a fresh issue worth ₹44.86 crore. The funds generated will be used to meet working capital requirements as well as general corporate purposes.

2 min read

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Desco Infratech IPO: Retail investors can bid for at least 1,000 shares for a minimum investment of ₹1,47,000. High-net-worth individuals can apply for 2,000 shares worth ₹3,00,000.

2 min read

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PhysicsWallah IPO, which could be around $500 million (about ₹4,600 crore) will consist of issuing new equity shares as well as an offer for sale (OFS) component

2 min read

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Super Iron Foundry IPO debuted flat on March 19, listing at ₹107.95. The stock hit a 5% lower circuit after listing. The company’s market capitalization stands at ₹240.02 crore.

3 min read

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PDP Shipping and Projects shares listed on the BSE SME platform at a nearly 20% discount. Meanwhile, the SME IPO of Divine Hira Jewellers Ltd was fully subscribed on the second day of bidding on the back of strong retail demand.

4 min read

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Divine Hira Jewellers IPO: The initial share is a fresh issue of 35.38 lakh shares aggregating to ₹31.84 crore. There is no offer for sale component.

2 min read

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PDP Shipping and Projects made a weak stock debut on March 18, opening at ₹108.25, a 20% discount to its IPO price of ₹135. The logistics provider’s shares dropped 5%, hitting the lower circuit limit. The company raised ₹12.65 crore from this IPO.

3 min read

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Paradeep Parivahan IPO is a fresh issue of 45.78 lakh shares aimed at raising a total of ₹44.86 crore. The company has fixed the price band at ₹93 to ₹98 per share for the IPO. The BSE SME issue will close on Wednesday, March 19.

3 min read

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The NSE SME issue of Divine Hira Jewellers Ltd was booked only 69% on the first day of bidding, while the Paradeep Parivahan IPO was booked only 10%. Here’s a look at all the major developments in the IPO market on Monday, March 17.

3 min read

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Divine Hira Jewellers IPO was subscribed 69% at the end of Day 1. The issue aims to raise ₹31.84 crore. Retail portion subscribed fully. Listing expected on March 24.

3 min read

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LG Electronics IPO is completely an offer for sale (OFS) without any fresh issuance of equity shares. The money raised will go to the South Korean parent, which will sell over 10.18 crore shares or a 15% stake.

3 min read

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Divine Hira Jewellers IPO is a fixed price issue at ₹90 per share. It is solely a fresh issue of 35.38 lakh shares worth ₹31.84 crore. The money raised will be used for debt repayment, working capital needs and general corporate purposes.

2 min read

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Super Iron Foundry IPO investors can check the share allotment status on the websites of BSE and IPO registrar MUFG Intime India Pvt Ltd (earlier Link Intime India Pvt Ltd). The tentative date for the listing of Super Iron Foundry shares on the BSE SME platform is Wednesday, March 19.

4 min read

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INOX Clean Energy is an integrated renewable platform spanning solar manufacturing, including cells and modules, and an Independent Power Producer (IPP) platform.

3 min read


What our users have to say
IPO section is awesome now.
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Insights into Closed Mainboard IPO Performance

The performance of closed mainboard IPOs can be analysed based on several factors like subscription numbers and price movement after the listing of the stock, among others. The subscription rate implies the investors' interest in the issue and the demand for the company’s shares during the IPO bidding. Further, the offer price and the minimum subscription requirement also indicate how well the past mainboard IPOs will be received in the market. The real test for an IPO starts when the stocks get listed on the bourses. If you are unsure about the fundamentals of any company launching its IPO it could be prudent to wait till listing and analyse its stock price movement, before investing.

What to expect after a mainboard IPO closes

After a mainboard IPO closes for bidding, the share allotment is finalised by the company in the next stage. Following the share allocation and transfer of shares to the Demat accounts of the allottees, the stock gets listed on the BSE and NSE on the scheduled date of listing. Soon after the listing, many investors choose to book profit, in case of a premium listing, and exit the stock. A high selloff soon after listing can affect the share price negatively. Analysts and investors monitor key performance metrics to understand the potential price trend of the stocks.

Frequently asked questions

When can I check the allotment status for a closed Mainboard IPO?

The share allotment is typically updated on the next day of the closure of the subscription window. Following the share allocation, the investors can check the status online via my application section of Upstox web platform, Upstox web or the official websites of the NSE, BSE and the issue registrar.

What happens after a Mainboard IPO closes?

Once the mainboard IPO closes, the share allotment status is finalised. The company generally finalises the share allotment a day after the subscription. Following this, the stock gets listed on the BSE and NSE on the scheduled date.

Can I still buy shares of a Mainboard IPO after it closes?

Once the mainboard IPO closes for subscription, shares can only be bought through stock trading. You can buy and sell shares of the company during regular trading hours on the BSE and NSE.
Other IPO Links
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