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  1. HDB Financial, Crizac, Sambhv Steel Tubes among recently listed IPOs that debuted at a premium; check list

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HDB Financial, Crizac, Sambhv Steel Tubes among recently listed IPOs that debuted at a premium; check list

Kamal Joshi

3 min read | Updated on July 14, 2025, 12:51 IST

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SUMMARY

IPOs that recently made their market debut include travel QSR Travel Food Services, student recruitment solutions provider Crizac, pipe maker Sambhv Steel Tubes, NBFC HDB Financial Services, integrated EPC firm Globe Civil Projects, construction material procurement platform Arisinfra Solutions, and vertically integrated solar pump manufacturer Oswal Pumps.

As of now in 2025, 25 mainboard IPOs have launched. | Image: Shutterstock

As of now in 2025, 25 mainboard IPOs have launched. | Image: Shutterstock

The IPO season is back with as many as nine mainboard public offers getting listed on the stock exchanges – the NSE and the BSE – in a month's period.

They include travel QSR Travel Food Services, student recruitment solutions provider Crizac, pipe maker Sambhv Steel Tubes, NBFC HDB Financial Services, integrated EPC firm Globe Civil Projects, industrial gas maker Ellenbarrie Industrial Gases, realty major Kalpataru, construction material procurement platform Arisinfra Solutions, and vertically integrated solar pump manufacturer Oswal Pumps.

Recently listed IPOs that debuted at a premium; check list

Company NameListing price on NSE% Change
Travel Food Services₹1,125Up 2.27%
Crizac₹281.05Up 14.71%
Sambhv Steel Tubes₹110Up 34.15%
HDB Financial₹835Up 12.84%
Globe Civil Projects₹90Up 26.76%
Ellenbarrie Industrial Gases₹486Up 21.5%
Oswal Pumps₹634Up 3.26%

Travel Food Services IPO

Shares of Travel Food Services debuted with a premium of 2.27% at ₹1,125 against the issue price of ₹1,100 on the National Stock Exchange (NSE).

The initial public offer was subscribed 2.88 times during the three-day bidding window.

The ₹2,000 crore initial share sale was exclusively an offer for sale (OFS) of 1.82 crore shares and had a price band of ₹1,045-₹1,100 per share.

Travel Food Services operates quick service restaurants and lounges across airports in India and Malaysia.

HDB Financial Services IPO

The upper-layer non-banking financial company (NBFC) HDB Financial Services made a decent stock market debut, listing at a premium of 12.84% at ₹835 per equity share above the issue price of ₹740 apiece on the NSE and the BSE.

The ₹12,500 crore IPO received 16.69 times subscription. The initial share sale was an issuance of new shares worth ₹2,500 crore and an OFS of ₹10,000 crore by promoter HDFC Bank. The price range was set at ₹700-₹740 per share.

The funds generated will be utilised to improve the company's Tier-I capital base.

HDB Financial is a leading NBFC centred on three business verticals: consumer finance, asset finance, and enterprise lending.

Crizac IPO

Crizac shares debuted at ₹281.05, reflecting a premium of 14.71% from the issue price of ₹245 per unit.

With a subscription of 59.82 times, the initial share sale was entirely an OFS of ₹860 crore.

Crizac is a B2B education platform for agents and global institutions. It provides international student recruitment solutions to institutions of higher education in Australia, the United Kingdom, Ireland, Canada and New Zealand.

Sambhv Steel Tubes IPO

Sambhv Steel Tubes made a strong debut at a 34.1% premium on the NSE. It started trading at ₹110 per share compared to the issue price of ₹82 per share.

The ₹540-crore IPO was subscribed over 29 times during its three-day bidding period.

The initial public offer consisted of new equity shares worth ₹440 crore and an OFS of ₹100 crore.

Sambhv Steel Tubes, incorporated in 2017, makes electric resistance welded steel pipes and structural tubes (hollow section).

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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