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  1. Not just Great Indian Sale and Big Billion Days as 10 IPOs launched on September 23: Here’s how they’re performing

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Not just Great Indian Sale and Big Billion Days as 10 IPOs launched on September 23: Here’s how they’re performing

Kamal Joshi

2 min read | Updated on September 23, 2025, 14:58 IST

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SUMMARY

The IPOs that opened on Tuesday include Solarworld Energy Solutions, Seshaasai Technologies, Jaro Institute of Technology Management & Research, Anand Rathi Share & Stock Brokers, BharatRohan Airborne Innovations, Aptus Pharma, NSB BPO, True Colors, Matrix Geo Solutions and Ecoline Exim.

Seshaasai Technologies Ltd's ₹813.07 crore IPO is the biggest issue to launch on September 23. | Image: Shutterstock

Seshaasai Technologies Ltd's ₹813.07 crore IPO is the biggest issue to launch on September 23. | Image: Shutterstock

September 23, 2025, is here! It is not just shoppers who are busy with Amazon's Great Indian Sale and Flipkart's Big Billion Days but also investors who are occupied with 10 initial public offerings that opened for subscription.

The two sales provide great deals across mobile phones, fashion, electronics, kitchenware and other categories.

The IPOs that opened on Tuesday include Solarworld Energy Solutions, Jaro Institute of Technology Management & Research, Seshaasai Technologies, Anand Rathi Share & Stock Brokers, BharatRohan Airborne Innovations, Aptus Pharma, NSB BPO, True Colors, Matrix Geo Solutions and Ecoline Exim.

Seshaasai Technologies' ₹813.07 crore IPO, which is a mix of fresh issuance and an offer for sale (OFS) component, is the biggest issue to launch on September 23. The company, which has set a price band of ₹402 to ₹423 per share, specialises in payment solutions, communications and fulfilment services for the banking, financial services, and insurance (BFSI) industry.

The Anand Rathi Share and Stock Brokers IPO aims to raise ₹745 crore by offering 1.80 crore new equity shares. Proceeds of the IPO will be used for long-term working capital needs and general corporate purposes.

Solar energy solutions provider Solarworld Energy Solutions' IPO, which has fixed a price band of ₹333 to ₹351 per share, is looking to raise ₹490 crore through the fresh issuance of shares and the OFS component.

Here's how IPOs launched on September 23 are performing

IPO nameIssue sizeSubscription status (As of 2:55 pm)
Anand Rathi Share IPO₹74529%
Seshaasai Technologies IPO₹813.0767%
Jaro Education IPO₹450.0058%
Ecoline Exim IPO₹76.4234%
Solarworld Energy IPO₹490.0084%
NSB BPO Solutions IPO₹77.916%
Matrix Geo Solutions IPO₹40.2013%
True Colors IPO₹127.961.57 times
Aptus Pharma IPO₹13.021.17 times
BharatRohan Airborne IPO₹45.0417%
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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