Upcoming Mainboard IPOs 2025: 2025 Listings

Upcoming Mainboard IPOs in 2025

Get details about upcoming Mainboard IPOs and dates.

+91

+91

All Open Upcoming Closed Listed

Dates yet to be announced

Studds Accessories IPOAuto Ancillary

---

LG Electronics India IPOConsumer Durables - Electronics

---

NSDLFinance - Stock Broking

---

PhonePeFinance - Others

---

Zeptoe-Commerce

---

Name	Status
LG Electronics India IPOMainboard, Consumer Durables - Electronics	---	---
NSDLMainboard, Finance - Stock Broking	---	---
PhonePeMainboard, Finance - Others	---	---
Studds Accessories IPOMainboard, Auto Ancillary	---	---
ZeptoMainboard, e-Commerce	---	---

View all

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

HDB Financial Services Dividend Policy: According to the RHP, if there is any declaration and payment of dividends on equity shares in the future, the recommendation will be made by HDB Financial Services Ltd's Board to the shareholders for their approval at the Annual General Meeting (AGM).

3 min read

Eppeltone Engineers share price: The ₹43.96 crore initial public offer was exclusively a fresh issuance of 34.34 lakh shares without an offer for sale component. The price band was ₹125 to ₹128 per share.

2 min read

Real estate developer Kalpataru's initial share sale is a fresh capital raise of ₹1,590 crore. There is no offer for sale component. The price band has been set at ₹387 to ₹414 per share, and a lot consists of 36 shares.

3 min read

Meesho has merged its Delaware-based unit, Meesho Inc., with its Indian entity. This move has received approval from the National Company Law Tribunal (NCLT), Bengaluru bench, a regulatory filing showed.

2 min read

Arisinfra Solutions IPO allotment: The initial share sale is an entirely fresh issuance of 2.25 crore equity shares, valued at ₹499.60 crore. There is no offer for sale (OFS) component. The price band was ₹210 to ₹222 per share, with a lot consisting of 67 shares.

2 min read

Paper Arizona aims to strengthen regional footprints in North India, before expanding into select markets across Eastern and Western India in the coming years.

2 min read

PhonePe IPO: As of March 2024, FIT Holdings SARL, a Luxembourg-based company of Walmart, held an 83.91% stake in PhonePe, General Atlantic Singapore held 5.14%, and PhonePe's Singapore unit held 6.7%.

2 min read

Ellenbarrie Industrial Gases' ₹852.5 crore IPO opens on June 24 and closes on June 26. The issue includes fresh shares and an OFS. Net proceeds from the fresh issue will be used for debt repayment, plant expansion, and general purposes. The company operates nine manufacturing facilities and is a key industrial gas supplier in East and South India.

4 min read

Globe Civil Projects IPO: For the nine months ended December 2024, the company reported a revenue from operations of ₹254.65 crore and a net profit of ₹17.78 crore.

3 min read

HDB Financial Services aims to raise ₹12,500 crore via its initial public offering. The mainboard IPO will open for subscription on Wednesday, Jun 25, 2025. HDFC Bank shareholders can bid for the HDB Financial Services IPO under the shareholders’ quota.

5 min read

Patil Automation share price: The company had launched its initial public offer to raise ₹69.61 crore at a price band of ₹114-₹120 per share. The initial share sale was exclusively a fresh issuance of 58.01 lakh shares.

2 min read

Indogulf Cropsciences IPO: The ₹200 crore initial share sale is a mix of a fresh capital raise of ₹160 crore as well as an offer for sale (OFS) component of 3,603,603 shares.

2 min read

Upcoming IPOs: The key initial share sales to open in the week starting June 23 include Globe Civil Projects, Ellenbarrie Industrial Gases, Kalpataru, Sambhv Steel Tubes, HDB Financial Services, and Indogulf Cropsciences.

4 min read

NSE IPO: When asked about whether the issue will happen before Diwali 2025, the SEBI chief declined to share any timeline.

2 min read

Kalpataru Limited IPO opens on June 24 to raise ₹1,590 crore. The real estate firm offers a fresh issue of 3.84 crore shares at ₹387–₹414 per share. The IPO proceeds will be used to repay debt and for general corporate needs. Kalpataru focuses on residential and commercial projects in MMR and other cities. The stock listing is expected on July 1.

5 min read

Icon Facilitators intends to utilise ₹16 crore of the total IPO proceeds towards working capital requirements and the remaining for general corporate purposes, according to the red herring prospectus (RHP).

2 min read

Arisinfra Solutions IPO: The ₹499.60 crore initial public offering, with a price band of ₹210 to ₹222 per share, is only a fresh issuance of shares aggregating to ₹499.6 crore. There is no offer for sale component.

2 min read

HDB Financial Services, Kalpataru, and three others are the key upcoming IPOs raising nearly ₹15,601 crore in the next week. HDB Financial Services is the largest by size and most tracked IPO in the coming week, while the other four companies also hold potential for strong demand.

5 min read

Aegis Vopak Terminals share price: The net profit attributable to owners of the company surged 9.33% to ₹41.33 crore in the latest March quarter. The post-tax profit was reported at ₹37.8 crore in Q3 FY25.

2 min read

Sambhv Steel Tubes IPO: The ₹540 crore initial share sale consists of a fresh issuance of equity shares worth ₹440 crore as well as an offer for sale (OFS) valued at ₹100 crore by promoters.

2 min read

IPO allotments of Mayasheel Ventures, Aakaar Medical Technologies and Safe Enterprises will be finalised on June 25, while stock listing will take place on June 27.

2 min read

Oswal Pumps IPO was a combination of new equity shares worth ₹890 crore and an offer-for-sale component of 81 lakh shares aggregating to ₹497.34 crore by promoter Vivek Gupta.

2 min read

HDB Financial Services IPO is a mix of a fresh issuance of equity shares valued at ₹2,500 crore and an offer for sale of ₹10,000 crore by promoter HDFC Bank.

2 min read

Proceeds from Capillary Technologies' fresh issuance worth ₹120 crore will be utilised for funding the company's cloud infrastructure cost, ₹151.54 crore for investment in research, designing, and development of its products and platform. Furthermore, ₹10.32 crore will be used for investing in the purchase of computer systems for its business.

2 min read

HDB Financial Services IPO consists of new equity shares aggregating to ₹2,500 crore and an offer-for-sale (OFS) component of ₹10,000 crore by promoter HDFC Bank.

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 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: Studds Accessories IPO, LG Electronics India IPO, NSDL, PhonePe, Zepto

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.

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!