Upcoming IPOs For 2025

Upcoming IPOs for 2025 refer to the new companies planning to list their shares on the stock exchanges next year. These IPOs are expected to attract investors seeking opportunities in sectors like technology, manufacturing, and healthcare, promising growth potential and fresh investment options.

What Is An IPO?

An Initial Public Offering (IPO) is when a company offers its shares to the public for the first time. It allows the company to raise funds by selling ownership stakes. Investors can buy these shares and become part owners of the business.

An IPO helps companies raise capital to expand operations, repay debt, or fund new projects. It also improves the company’s market visibility, credibility, and public trust. By offering shares to the public, companies attract investors seeking growth opportunities. Investors benefit from potential capital appreciation and dividends as the company scales and performs well in the market. The IPO process involves appointing underwriters, preparing a draft red herring prospectus (DRHP), determining the share price, and eventually listing the shares on stock exchanges like NSE or BSE.

List Of Upcoming IPOs For 2025

The year 2025 is set to witness a robust IPO market, with several high-profile companies planning to list their shares. These IPOs span various sectors like technology, financial services, manufacturing, and electric vehicles, offering investors fresh opportunities for growth and diversification.

• LG Electronics India: LG Electronics India plans to raise ₹15,000 crore through an entirely offer-for-sale of 10.1 crore shares. The IPO aims to list on the NSE and BSE in 2025. With FY2024 revenue at ₹21,353.4 crore, it targets a valuation of up to $15 billion.
• Zepto: Zepto, the quick commerce startup, plans to raise over $1 billion. The company recently secured $350 million from domestic investors. With its Zepto Café initiative aiming to generate ₹1,000 crore, the company focuses on achieving profitability by FY2025-26 and boosting domestic ownership.
• Flipkart: Flipkart, valued at $36 billion, is preparing for its IPO by the end of 2025 or early 2026. The company has raised around $950 million from Walmart and Google. Walmart, holding an 81% stake, sees this IPO as a strategic move to realize Flipkart’s market potential while boosting its valuation.
• HDB Financial Services: HDB Financial Services, a subsidiary of HDFC Bank, has filed for a ₹12,500 crore IPO. The structure includes ₹2,500 crore as fresh issue and ₹10,000 crore as offer-for-sale. With a strong loan book of ₹98,620 crore, the company shows consistent growth and profitability.
• NSDL (National Securities Depository Ltd): NSDL plans to raise ₹3,000 crore through an entirely offer-for-sale of 5.72 crore shares. The IPO opens in December 2024 and lists in January 2025. It is a book-built issue and aims for listing on NSE and BSE.
• Hexaware Technologies: Hexaware Technologies, backed by Carlyle Group, plans to raise ₹9,950 crore. It is the largest IT sector IPO in over two decades. The offer comprises an entirely offer-for-sale structure by CA Magnum Holdings, signaling strong confidence in Hexaware’s IT service capabilities.
• Ather Energy: Ather Energy, focusing on electric vehicles, plans to raise ₹4,500 crore. The IPO includes a ₹3,100 crore fresh issue and 2.2 crore shares as OFS. Founders Tarun Mehta and Swapnil Jain will offload 1 million shares each. The launch is expected in early 2025.
• JSW Cement: JSW Cement targets to raise ₹4,000 crore through its IPO, likely in January 2025. Funds will expand cement manufacturing capacity in Nagaur, Rajasthan, and reduce outstanding debts. The company is focused on strengthening its market position and scaling production infrastructure.
• Hero FinCorp: Hero FinCorp plans to raise ₹3,600 crore to enhance its capital base, reduce debt, and support expansion plans. The IPO includes a ₹2,100 crore fresh issue and ₹1,568 crore offer-for-sale. With digital transformation on the horizon, it aims for steady growth and operational efficiency.
• Reliance Jio: Reliance Jio, valued at over $100 billion, is planning a landmark IPO in 2025. With an estimated valuation of $112 billion, the IPO is expected to be among the largest in India. It aims to expand its telecom infrastructure and enhance digital services.
• Tata Passenger Electric Mobility (TPEML): TPEML, a subsidiary of Tata Motors, plans to go public in 2025. It focuses on expanding its electric vehicle portfolio with successful models like the Nexon EV and Tiago EV. The company plans to launch 10 new electric cars, solidifying its leadership in the EV segment.
• Imagine Marketing (boAt): Imagine Marketing, the parent company of boAt, aims to raise funds at a valuation between $1.5-$2 billion. Known for its audio-focused smart wearables, it plans to use IPO proceeds to expand into new lifestyle categories, improve product offerings, and strengthen its market position.

Who Can Invest in an IPO?

Any individual or institutional investor can invest in an IPO if they meet eligibility criteria. The eligibility criteria include having a valid Demat account, adhering to KYC norms, and applying within the IPO subscription window through approved platforms or intermediaries.

• Retail Investors: Retail investors are individuals who apply for IPO shares under the retail quota, capped at ₹2 lakh per application. They benefit from reserved allocations and sometimes discounted share prices. Investing in IPOs allows them to participate in early-stage opportunities of growing companies.
• High Net-Worth Individuals (HNIs): HNIs are investors who apply for shares above ₹2 lakh. They invest through the Non-Institutional Investors (NII) quota. IPOs provide them with opportunities to acquire a significant stake in promising companies, potentially leading to higher returns in the long term.
• Institutional Investors: Institutional investors, such as mutual funds, banks, and insurance companies can also participate under the Qualified Institutional Buyers (QIB) quota. They bring substantial capital and are often allotted up to 50% of the IPO shares, reflecting their importance in market stabilization.
• Non-Resident Indians (NRIs): NRIs can invest in Indian IPOs under the same guidelines as resident investors. They need an NRE or NRO account, a Demat account, and adherence to FEMA rules. IPO investments provide NRIs with exposure to India’s growing equity markets and strong sectors.
• Employees of the Company: Employees of the company launching the IPO often have reserved quotas for share allotment. This serves as a reward for their contribution and builds trust. The shares offered to employees may also come with discounts, making it a beneficial opportunity.
• Anchor Investors: Anchor investors are institutional investors who apply before the IPO opens for the public. Their involvement builds confidence and sets a benchmark for others. A portion of IPO shares is reserved for them, and they must hold these shares for a specified period.

How To Apply For an IPO?

Applying for an IPO involves choosing a company to invest in and placing bids through a trading platform like Alice Blue. The process requires a Demat account and UPI ID, as well as the following simple steps to ensure a successful IPO application.

• Log in to Your Trading Account: Start by logging into your trading account or app. Go to the IPO section, where you will see a list of IPOs currently open for subscription. Select the IPO you wish to apply for based on your research and preference.
• Check IPO Details: After selecting the IPO, check all the details carefully. You will find information like the issue open and close dates, price band, issue size, and lot size. This helps you decide how much you want to invest and at what price.
• Enter Your UPI ID: Enter your UPI ID linked to your personal bank account. Make sure the bank account you are using to apply for the IPO specifically belongs to you. If the applicant’s name does not match the account holder’s name, the application may get rejected.
• Place Your Bid: Enter the number of shares you want to apply for in multiples of the lot size. If you want to apply at the cut-off price, select the ‘cut-off’ box. To bid at a specific price, enter the amount in the ‘Price’ field.
• Submit Your Application: After entering all the required details, carefully review your application to ensure accuracy. Read through the declaration thoroughly and click the ‘Submit’ button. Once your submission is complete, a UPI payment mandate will be generated for you to approve promptly.
• Approve UPI Mandate: Open your UPI app and approve the payment request you will receive upon submission. This will block the required amount in your account until the allotment date. Sometimes, the mandate request may take a few hours to appear, so keep checking your UPI app.
• Receive Confirmation SMS: After successfully applying for an IPO, you will receive an SMS from the stock exchange confirming your application. This confirmation message ensures your bid has been recorded accurately and serves as a reference for tracking your application status during the process.
• Track Your Application: To check the status of your application, go back to the IPO section and select the IPO you applied for. You will be able to view the updated bids and track your application progress. This will keep you informed throughout the process.
• Fund Release or Share Allotment: If shares are allotted, the blocked amount will be debited, and the shares will be credited to your Demat account. If you don’t receive an allotment, the blocked funds will be released back to your account on the allotment date.

Upcoming IPOs For 2025 – Quick Summary

• The Indian IPO market in 2025 is expected to feature major listings across sectors, offering investors fresh opportunities and strong growth potential.
• An IPO allows companies to raise funds by offering shares to the public, helping them expand operations, repay debt, and increase market trust.
• Several high-profile IPOs, including LG Electronics, Zepto, Flipkart, and NSDL, are set to launch in 2025, reflecting growth across financial, manufacturing, and technology sectors.
• The key investors in an IPO include retail investors, institutional investors, NRIs, and company employees, each with their own reserved quotas and benefits.
• To apply for an IPO, investors must log in to their trading account, enter their UPI ID, place bids in multiples of lot size, and approve the UPI payment mandate.
• Maximize your opportunities with the upcoming IPOs for 2025 by targeting high-growth sectors like technology, financial services, and EVs. Use Alice Blue’s seamless IPO application process to invest with confidence and flexibility.

Upcoming IPO In India 2025  – FAQs