Upcoming Mainboard IPOs in 2025
Upcoming Mainboard IPOs in 2025
Get details about upcoming Mainboard IPOs and dates.
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Date announced
Name | Status | |
|---|---|---|
 Sudeep Pharma IPOMainboard, Pharmaceuticals & Drugs | 21 Nov 2025 Opening | RHP |
Dates yet to be announced
View all
There are no upcoming 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
Capillary Technologies IPO: The ₹877.50 crore initial share sale consists of a fresh issue of shares worth ₹345 crore and an offer for sale (OFS) of ₹532.50 crore by promoter Capillary Technologies International Pte Ltd and investor Trudy Holdings.
3 min read
Fujiyama Power Systems IPO allotment status: The ₹828 crore book-build issue, with a price band of ₹216 to ₹228 per share, was a mix of fresh issuance of equity shares valued at ₹600 crore and an offer for sale (OFS) of ₹228 crore by promoters Pawar Kumar Gard and Yogesh Dua.
4 min read
Tenneco Clean Air IPO Listing Date: The initial share sale sought to raise ₹3,600 crore via an offer for sale of 9.07 crore equity shares by promoter Tenneco Mauritius Holdings Ltd.
3 min read
Emmvee Photovoltaic share price: The ₹2,900 crore IPO was a fresh issue of shares amounting to ₹2,143.86 crore and an offer for sale of shares aggregating to ₹756.14 crore by promoters Manjunatha Donthi Venkatarathnaiah and Shubha Manjunatha Donthi.
2 min read
PhysicsWallah share price: The initial public offering was a fresh issuance of shares amounting to ₹3,100 crore and an offer for sale, or OFS, of up to ₹380 crore by promoters Prateek Boob and Alakh Pandey.
3 min read
Tenneco Clean Air IPO allotment status finalised: The company's ₹3,600 crore issue, with a price band of ₹378 to ₹397 per equity share, was entirely an offer-for-sale (OFS) by promoter Tenneco Mauritius Holdings, with no fresh equity issuance.
3 min read
Sudeep Pharma IPO date: The initial share sale, with a price band of ₹563 to ₹593 per share, seeks to raise ₹895 crore by offering new equity shares worth ₹95 crore and an offer for sale (OFS) of ₹800 crore by promoters Sujit Jaysukh Bhayani, Sujeet Jaysukh Bhayani HUF, Avani Sujit Bhayani and Shanil Sujit Bhayani.
3 min read
Some of the recently listed IPOs, including Ola Electric, Lenskart Solutions, Swiggy, Tata Capital and others, created a lot of social media buzz and bold narratives around sector leadership and future growth prospects. However, thier post-listing gains have failed to live up to investors' expectations.
5 min read
Fujiyama Power Systems IPO Day 3: The ₹828 crore initial share sale, with a price band of ₹216 to ₹228 per share, is a mix of fresh issuance of shares aggregating to ₹600 crore and an offer for sale (OFS) of ₹228 crore by promoters Yogesh Dua and Pawan Kumar Garg.
3 min read
Capillary Technologies IPO: The ₹877.5-crore initial share sale, which will conclude on November 18, has fixed a price band of ₹549 to ₹577 per share. The application size is 25 shares.
3 min read
Fifty-five Indian companies have done their IPOs in the April-September period, raising nearly ₹65,000 crore. Most of the issuances were offer for sales by existing investors, with very little quantum of new share issuances which benefits a company.
2 min read
Upcoming IPOs: Global vertical SaaS company Excelsoft Technologies will launch its ₹500 crore initial share sale on November 19 and conclude on November 21. It has set a price range of ₹114 to ₹120 per share.
2 min read
Several recently listed IPOs, including NSDL, Orkla India and Tata Capital, showed that high grey market premium (GMP) doesn’t always guarantee strong listing day gains. This article highlights different scenarios in which GMP may not be a reliable indicator of the IPO listing price.
6 min read
PhysicsWallah IPO allotment status: The ₹3,480 crore issue comprised a fresh issue of equity shares totalling ₹3,100 crore and an offer for sale (OFS) of up to ₹380 crore by promoters Alakh Pandey and Prateek Boob.
3 min read
Tenneco Clean Air IPO: The ₹3,600 crore initial share sale is an offer-for-sale by promoter Tenneco Mauritius Holdings Limited. There is no fresh issue component.
3 min read
Emmvee Photovoltaic IPO allotment status: The initial share sale, with a price band of ₹206 to ₹217 per equity share, comprises a fresh issue of shares aggregating to ₹2,143.86 crore and an offer for sale (OFS) of ₹756.14 crore by promoters, taking the issue size to ₹2,900 crore.
3 min read
Capillary Technologies IPO aims to raise ₹877.50 crore through its public issue. The company offers AI-based Software-as-a-Service (“SaaS”) products and solutions primarily to enterprise customers. The company will use net IPO proceeds for cloud infrastructure setup, investment in development of new products, purchase of computer systems and for general corporate purposes.
6 min read
Pine Labs share price: The ₹3,900.17 crore IPO was a fresh issue of shares worth ₹2,080.26 crore and an offer for sale (OFS) of more than 8.23 crore equity shares, valuing ₹1,819.91 crore by existing shareholders.
2 min read
Emmvee Photovoltaic Power IPO: The ₹2,900 crore issue, which has fixed price band at ₹206 to ₹217 per share, consists of a fresh issue of shares valued at ₹2,143.86 crore and an offer for sale of ₹756.14 crore. The fresh issue proceeds will be used for loan repayment and general corporate purposes.
3 min read
PhysicsWallah IPO Day 3: The ₹3,480 crore book-build issue is a mix of a fresh issuance of ₹3,100 crore and an offer for sale of ₹380 crore by promoters Alakh Pandey and Prateek Boob. The fresh issue proceeds will be used for the company's expansion and growth initiatives.
3 min read
Fujiyama Power Systems IPO: The initial share sale aims to raise ₹828 crore by fresh issuance of ₹600 crore and an offer for sale of ₹228 crore by promoters Pawan Kumar Garg and Yogesh Dua.
3 min read
Tenneco Clean Air India IPO, with a price band of ₹378 to ₹397 per share, is only an offer-for-sale of ₹3,600 crore by promoter Tenneco Mauritius Holdings Ltd, with no fresh equity issuance.
3 min read
Pine Labs IPO allotment status: The company aimed to raise ₹3,899.91 crore via a fresh issue of ₹2,080 crore and an offer for sale of ₹1,819.91 crore. With a price band of ₹210 to ₹221 per equity share, a lot consisted of 67 shares.
4 min read
Excelsoft Technologies IPO: The ₹500 crore initial share sale is a fresh issue of ₹180 crore and an offer for sale (OFS) of ₹320 crore by promoter Pedanta Technologies Pvt Ltd.
2 min read
Groww share price: The initial public offering was a fresh issue of equity shares totalling ₹1,060 crore, along with an offer-for-sale (OFS) component of 55.72 crore shares aggregating to ₹5,572.30 crore.
3 min read
What our users have to say
What are the key mainboard IPOs open for subscription?
A mainboard IPO refers to the maiden share sale by a privately held company and the listing of the stock on the BSE and NSE.Mainboard IPOs expected to open next are: Sudeep Pharma IPO opening on 2025-11-21, Park Medi World Limited, Wakefit Innovations IPO, Prestige Hospitality Ventures IPO, Credila Financial Services IPO
Who is eligible to invest in mainboard IPOs?
To invest in mainboard IPOs, the investors can participate in bidding under different categories as defined by the market regulator the Securities & Exchange Board of India (SEBI). The IPO investor categories include retail individual investors, Non-Institutional Investors (NIIs), Qualified Institutional Buyers (QIBs) and eligible employees. Before the IPO launch, the company also raises funds from anchor investors by allocating a portion of the total offer size. The retail investors and employees must have a Demat account, linked to their bank accounts, to apply for the IPO. Additionally, a valid PAN is required for IPO investments. Investors can apply for IPO shares through online trading platforms like the Upstox app.
Frequently asked questions
What is the maximum lot size one can bid for in a mainboard IPO?
The maximum lot size for a mainboard IPO depends on the company’s allocation of shares for different categories. The company fixes the minimum and maximum lot size for each category. The investors can bid for a minimum of one lot of shares in their respective categories. A lot size comprises a fixed number of shares and the investors can apply for the maximum lot size set for the respective category.
How are the DRHP (Draft Red Herring Prospectus) and RHP (Red Herring Prospectus) distinct in mainboard IPOs?
The DRHP and RHP differ primarily in their purpose and content in mainboard IPOs. The DRHP is a preliminary document filed with SEBI, offering insights into the company’s objectives, financial goals and potential risks. It serves as a tool for investors to analyse upcoming mainboard IPOs before final pricing and issue details are finalised. The RHP, on the other hand, is a finalised document published after SEBI’s approval. It includes key details like the number of shares offered, the company’s financials and how funds will be used, among others.
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