Upcoming IPOs: Avanse Financial and 10 companies coming up with IPOs this month
News by Aliceblue News Desk
31 Jan 2025
February 2025 offers exciting IPOs in sectors like renewable energy, digital payments, healthcare tech, and logistics. These opportunities appeal to investors looking to tap into fast-growing fields such as clean energy, consumer services, and innovative industrial solutions, with strong growth potential in emerging markets.
Upcoming IPO In February 2025
Here’s a table showcasing the stocks with the Upcoming IPO in February 2025:
| Upcoming IPO 2025 | Open Date | Closing Date | IPO Type | IPO Size | Price Band |
| Avanse Financial Ltd IPO | TBA | TBA | Mainboard | ₹3,500.00 Cr. | ₹[.] to ₹[.] |
| Rosmerta Digital Services Ltd IPO | TBA | TBA | SME | ₹206.33 Cr. | ₹140 to ₹147 |
| Solar91 Cleantech Ltd IPO | TBA | TBA | SME | ₹106 Cr. | ₹185 to ₹195 |
| Vikram Solar Ltd IPO | TBA | TBA | Mainboard | – Cr. | ₹[.] to ₹[.] |
| JSW Cement Ltd IPO | TBA | TBA | Mainboard | ₹4000 Cr. | ₹[.] to ₹[.] |
| Ather Energy Ltd IPO | TBA | TBA | Mainboard | – Cr. | ₹[.] to ₹[.] |
| Eleganz Interiors Ltd IPO | 7 Feb | 11 Feb | SME | ₹78.06 Cr. | ₹123 to ₹130 |
| Readymix Construction Ltd IPO | 6 Feb | 10 Feb | SME | ₹37.66 Cr. | ₹121 to ₹123 |
| Amwill Health Care Ltd IPO | 5 Feb | 7 Feb | SME | ₹59.98 Cr. | ₹105 to ₹111 |
| Ken Enterprises Ltd IPO | 5 Feb | 7 Feb | SME | ₹83.65 Cr. | ₹94 |
| Chamunda Electrical Ltd IPO | 4 Feb | 6 Feb | SME | ₹14.60 Cr. | ₹47 to ₹50 |
For more details on these upcoming IPOs & To view current IPO listings, visit our IPO Page!
Introduction of Upcoming IPOs in February 2025
Avanse Financial Ltd IPO
Avanse Financial Services (NBFC), founded in 2013, specializes in student loans for education, both domestic and abroad. With a significant AUM increase of ₹133,030.47 million in 2024, it generated ₹1,728.81 crore revenue and ₹342.4 crore PAT. The company plans a ₹3,500 crore IPO.
Rosmerta Digital Services Ltd IPO
Rosmerta Digital Services Limited, a subsidiary of Rosmerta Technologies Limited, offers digitally-enabled services and distribution of automotive components. Established in 2021, the company provides vehicle registration, garage services, and accessory sales, with a network of 150+ channel partners, collaborating with OLA Electric and Royal Enfield.
Also Read: Get to Know Alice Blue’s ANT: Change The Way You Trade
Solar91 Cleantech Ltd IPO
Solar91 Cleantech Limited, founded in 2015 and based in Jaipur, specializes in solar energy solutions for residential, commercial, and industrial sectors. Offering EPC services, the company focuses on energy independence with high-quality, reliable solar solutions. In 2024, it reported a revenue of ₹50.53 crore and a profit of ₹4 crore.
Vikram Solar Ltd IPO
Vikram Solar Limited, founded in 2009, is a leading solar panel manufacturer with a capacity of 3.5 GW. Specializing in solar panels, inverters, and cleaning systems, the company aims to expand to 10.5 GW by FY26. In 2024, its revenue reached ₹2,510.99 crore.
JSW Cement Ltd IPO
JSW Cement, a leading cement manufacturer in India, offers a wide range of products including Concreel HD, OPC, and PSC. With an installed grinding capacity of 20.60 MMTPA across multiple states, the company generated ₹20.60 crore in revenue by March 31, 2024.
Ather Energy Ltd IPO
Ather Energy, a leader in India’s electric two-wheeler market, designs and manufactures electric scooters, battery packs, and charging infrastructure. Known for its innovation, the company has sold 1,09,577 units and established the Ather Grid, India’s first fast-charging network for two-wheelers.
Eleganz Interiors Ltd IPO
Eleganz Interiors, founded in 1996, specializes in providing interior fit-out solutions for corporate, commercial, and retail spaces. The company offers Design & Build and General Contracting services, including project execution and post-project support. With over 200 completed projects, Eleganz Interiors serves clients across India.
Readymix Construction Ltd IPO
Readymix Construction Machinery (RMX), founded in 2008 in Pune, manufactures and supplies high-quality construction machinery. Known for its efficient solutions, the company offers a range of equipment backed by expert engineering. With a revenue of ₹69.84 crore and a profit of ₹9.28 crore in 2024, RMX ensures customer satisfaction.
Amwill Health Care Ltd IPO
Amwill Health Care, founded in 2009, develops derma-cosmetic products focusing on skincare solutions for various skin types. Offering dermatological, cosmeceutical, and aesthetic products, the company recently launched seven new products. It has a strong presence in Karnataka, Andhra Pradesh, and Telangana, with plans for expansion.
Ken Enterprises Ltd IPO
Ken Enterprises, established in 1998, specializes in supplying greige, dyed, printed, and RFD/PFD fabrics. ISO 9001:2015 certified, the company serves both domestic and international markets, with strong ties to global brands like ZARA, Target, and Primark. It operates two manufacturing units in Shirol, Maharashtra.
Chamunda Electrical Ltd IPO
Chamunda Electrical Limited, established in 2013, provides specialized services in the operation, maintenance, testing, and commissioning of electrical substations up to 220 KV, along with solar power generation parks. With a skilled team of 600 professionals, the company is known for its strong client relationships and service solutions.
Other Upcoming IPO List in 2025
Here’s a table showcasing the stocks with the Upcoming IPO in 2025:
| Company Name | Bid start | Price Range |
| Asianet Satellite Communications Ltd IPO | To be announced | N/A |
| EbixCash IPO | To be announced | N/A |
| Onest Limited IPO | To be announced | N/A |
| Keventers Agro Limited IPO | To be announced | N/A |
| Penna Cement IPO | To be announced | N/A |
| VLCC Healthcare IPO | To be announced | N/A |
Upcoming IPO in February 2025 – FAQs
1. What Is An IPO?
An Initial Public Offering (IPO) is the process through which a private company offers its shares to the public for the first time. It helps companies raise capital to fund growth, pay debts, and increase their public profile by listing on a stock exchange.
2. What are the types of IPOs?
There are two main types of IPOs: Fixed Price IPO and Book Building IPO. In a fixed-price IPO, the price is predetermined, while in a book-building IPO, investors bid for shares, and the final price is determined based on demand and supply.
3. How to apply for an IPO?
Investing in an IPO is streamlined through Alice Blue with these steps:
Step 1: Open a free Demat account with Alice Blue in just 15 minutes. Log in if you already have an account.
Step 2: Select the desired IPO and place your bid.
Step 3: Post-bid, funds are blocked in your bank account until the allotment date. Funds are debited if shares are allotted, or unblocked if not.
4. How is IPO calculated?
The IPO price is calculated based on several factors such as the company’s financial health, market conditions, industry trends, and the company’s growth potential. In a book-building IPO, it’s determined by the bidding process, while fixed price IPOs set the price in advance.
5. Can I Apply for an IPO without a Demat account?
No, you cannot apply for an IPO without a Demat account. A Demat account is essential for holding the shares you purchase in an IPO. It is used to store your securities in electronic form after allocation.
6. Are IPOs a good investment?
IPOs can be a good investment, offering high-growth potential. However, they also carry risks due to market volatility and the company’s lack of a public track record. Research, understanding the company’s financials, and market conditions are essential before investing in an IPO.
7. How can one apply for upcoming IPOs online?
Steps to apply for an IPO through Alice Blue:
Step 1: Log into Alice Blue Rise platform.
Step 2: Select an IPO from the Live IPOs list.
Step 3: Enter your UPI ID linked to your bank.
Step 4: Read the declaration and submit.
8. How to Subscribe to an IPO?
You can apply for an IPO through the following methods:
Online Through a Broker: Open a Demat account with brokers like Alice Blue, select an IPO, place your bid using UPI, and approve the bank mandate to complete the application.
Offline Through a Broker: Reach out to your broker, such as Alice Blue, to fill out and submit the IPO application form on your behalf.
Online via ASBA: Use your bank’s ASBA service by logging into your account, providing details like your Demat and PAN numbers, entering your bid, and submitting the application.
News Author
Aliceblue News Desk
