April 2025 brings promising IPOs across sectors like renewable energy, digital payments, healthcare tech, and logistics. These offerings attract investors seeking growth in clean energy, consumer services, and industrial innovation, capitalizing on emerging market opportunities with strong expansion potential.
Upcoming IPO In April 2025
Here’s a table showcasing the stocks with the Upcoming IPO in April 2025:
| Upcoming IPO 2025 | Open Date | Closing Date | IPO Type | IPO Size | Price Band |
| Vikram Solar Ltd IPO | TBA | TBA | Mainboard | – Cr. | ₹[.] to ₹[.] |
| Prostarm Info Systems 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 ₹[.] |
| Dar Credit Ltd IPO | TBA | TBA | SME | – Cr. | ₹[.] to ₹[.] |
| NSDL Ltd IPO | TBA | TBA | Mainboard | – Cr. | ₹[.] to ₹[.] |
| Arisinfra Solutions Ltd IPO | TBA | TBA | Mainboard | – Cr. | ₹[.] to ₹[.] |
| Spinaroo Commercial Ltd IPO | 28 March | 3 April | SME | ₹10.17 Cr. | ₹51 |
| Infonative Solutions Ltd IPO | 28 March | 3 April | SME | ₹24.71 Cr. | ₹75 to ₹79 |
| Aten Papers Ltd IPO | 28 March | 2 April | SME | ₹31.68 Cr. | ₹91 to ₹96 |
| Retaggio Industries Ltd IPO | 27 March | 2 April | SME | ₹15.50 Cr. | ₹25 |
For more details on these upcoming IPOs & To view current IPO listings, visit our IPO Page!
Introduction of Upcoming IPOs in April 2025
Vikram Solar Ltd IPO
Vikram Solar Limited, founded in 2009, is a leading solar panel manufacturer with a production capacity of 3.50 GW. Focused on innovation, it plans to expand to 15.50 GW by FY27, supporting India’s renewable energy transition with advanced solar modules and equipment.
Prostarm Info Systems Ltd IPO
Prostarm Info Systems is a leading provider of power conditioning equipment, serving sectors like education, healthcare, railways, aviation, and defense. With 22 branch offices and strong financial growth, it specializes in lithium-ion battery packs, UPS systems, inverters, and solar hybrid solutions across India.
JSW Cement Ltd IPO
JSW Cement is a leading cement manufacturer in India, offering products like CHD, OPC, PSC, CPC, and GGBS. With a 20.60 MMTPA grinding capacity, it operates plants across multiple states and reported strong financial performance for the year ending March 31, 2024.
Ather Energy Ltd IPO
Ather Energy, a leading electric two-wheeler company, designs and manufactures E2Ws, battery packs, and charging infrastructure in India. Known for innovation, it pioneered the Ather Grid fast-charging network and has sold 1,09,577 units, driving sustainable mobility.
Dar Credit Ltd IPO
Dar Credit & Capital, with 30+ years of experience, provides personal and MSME loans to underserved communities. Operating in multiple states, it empowers low-income individuals and entrepreneurs with accessible financial solutions, competitive rates, and flexible repayment options.
NSDL Ltd IPO
NSDL, founded in 1996, is India’s leading depository, managing 31.46 million demat accounts across 99% of pin codes and 186 countries. Its IPO, an offer for sale of 5.72 crore shares, involves major stakeholders like IDBI Bank, NSE, and SBI.
Arisinfra Solutions Ltd IPO
ArisInfra Solutions Limited, founded in 2021, is a B2B tech-driven platform simplifying bulk construction material procurement. Supplying 10.35 million MT across 963 pin codes, it serves developers and contractors using 1,458 vendors, operating in major cities like Mumbai, Bengaluru, and Chennai.
Spinaroo Commercial Ltd IPO
Spinaroo Commercial, founded in 2012, manufactures aluminum foil containers, paper cups, and related machinery. With two Kolkata-based facilities, it serves clients across 12 states and 2 Union Territories, emphasizing high-quality raw materials and reliable vendor sourcing.
Infonative Solutions Ltd IPO
Infonative Solutions Limited, founded in 1998, specializes in custom learning solutions, competency frameworks, and cloud-based LMS. Trusted by Fortune 500 companies, it focuses on employee-driven success, offering tailored training solutions to enhance organizational learning and performance.
Aten Papers Ltd IPO
Aten Papers & Foam Private Limited, founded in 2019, operates in the competitive paper industry, sourcing from mills and selling to consumers. With growing revenue and profits, the company shows steady financial progress, making its IPO appealing for long-term investment.
Retaggio Industries Ltd IPO
Retaggio Industries Limited, established in 2022, is a growing jewellery manufacturer offering gold, diamond, and precious stone jewellery. The company specializes in designing, crafting, and selling unique pieces using advanced technology and skilled craftsmanship to ensure high-quality, trend-inspired designs.
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 April 2025 – FAQs
An Initial Public Offering (IPO) is when a private company offers its shares to the public for the first time. This process helps companies raise capital for expansion while allowing investors to buy equity in the company.
There are two main types of IPOs: Fixed Price Issue, where shares have a predetermined price, and Book Building Issue, where investors bid within a price range. Some IPOs also include hybrid models combining both pricing mechanisms.
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.
An IPO An IPO price is determined through market analysis, company valuation, and investor demand. In a Book Building IPO, the price is set based on bids, while in a Fixed Price IPO, the company sets a predetermined rate for the shares.
No, a Demat account is required to apply for an IPO since shares are issued electronically. Investors need a trading and Demat account with a registered broker to participate in IPO subscriptions and receive allotted shares.
IPOs can be profitable but carry risks. Early investments may offer high returns if the company performs well, but market volatility and business uncertainties can impact stock prices. Researching company fundamentals and market conditions is crucial before investing.
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.
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.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
