Upcoming IPOs in 2025

An Initial Public Offering (IPO) is when a private company in India sells its shares to the public for the very first time to raise money. This marks a big step in the company’s journey. IPOs are closely watched and regulated by SEBI to make sure everything is fair and transparent. They take place on well-known stock exchanges like BSE and NSE.

To launch an IPO, a company must go through a detailed process. It prepares a document that shares key information—like its business plans, finances, and any risks. The company also sets a price range for its shares and completes careful background checks to ensure everything is in order.

What does ‘Upcoming IPO’ mean?

An Initial Public Offering (IPO) happens when a privately owned company sells its shares to the public for the first time through stock exchanges such as BSE or NSE. As part of this process, companies announce upcoming IPOs, especially on the mainboard, which often attract a lot of attention from investors. To start the IPO process, companies submit a Draft Red Herring Prospectus (DRHP) to SEBI. This document includes important details like company financials, risks, and IPO plans. After SEBI approves the DRHP, the new IPO usually opens for public subscription within a few months.

Staying updated on upcoming IPOs is a smart move for investors. When you know the IPO dates and details about the companies, it helps you plan your investment strategy better. By checking out DRHPs (Draft Red Herring Prospectuses) and watching market sentiment, you can decide which IPOs are worth your attention. Even if you don’t invest right away, keeping track of new IPOs gives you useful insights into market trends and top-performing sectors. This knowledge can help you make better investment decisions in the future.

Wondering which IPOs are expected to be the most talked-about in 2025? Big names like HDB Financial Services, NSDL, and Tata Capital are already creating buzz. Plus, some companies have already announced their tentative IPO dates, like Globe Civil Projects and Ellenbarrie Industrial Gases, both expected between June 24 and 26, 2025.

Who Is Eligible to Apply for an IPO?        

Wondering who can invest in an Initial Public Offering (IPO) in India? The Securities and Exchange Board of India (SEBI) outlines four key IPO investor categories, each with specific eligibility criteria. Let’s dive into the details to spark your curiosity about IPO investment opportunities!

1. Qualified Institutional Investors (QIIs)

QIIs are big players like commercial banks, mutual funds, public institutions, and SEBI-registered foreign portfolio investors. These institutional investors must sign a 90-day lock-in contract to reduce market volatility during the IPO process. Curious about their role? QIIs bring stability and credibility to IPOs, making them a vital part of the system.

2. Anchor Investors

A subset of QIIs, anchor investors are heavyweights with assets exceeding ₹10 crores. They can grab up to 60% of the shares reserved for QIIs. Their significant investment signals confidence in the IPO, attracting more investors. Want to know why they matter? Their involvement often boosts the IPO’s success.

3. Retail Investors

Retail investors are everyday individuals looking to invest up to ₹2 lakh per IPO. SEBI ensures companies reserve at least 35% of shares for this group. If an IPO is oversubscribed, every retail investor gets at least one lot of shares, or a lottery system decides the allotment. Excited to start small? Retail IPO investment is an accessible entry point for beginners.

4. High-Net-Worth Individuals (HNIs) or Non-Institutional Investors (NIIs)

HNIs invest between ₹2 lakh and ₹5 lakh, while NIIs, including institutions, invest over ₹2 lakh without needing SEBI registration. Unlike QIIs, NIIs have fewer regulatory hurdles, making this category appealing for wealthy individuals or entities. Curious about the difference between HNI and retail IPO investment? HNIs take bigger risks for potentially higher rewards.

How to Apply for an IPO ?

Curious about investing in an Initial Public Offering (IPO) in India? IPOs are an exciting way to buy shares of a company going public, offering potential for growth. Whether you’re a beginner or a seasoned investor, understanding the IPO application process, including modern methods like UPI and ASBA, can make it seamless. Let’s dive into how to apply for an IPO in India, with a focus on simplicity and curiosity!

Step-by-Step IPO Application Process

1. Log In to Your Trading Platform
   Start by logging into a trusted platform like the Ventura app or website. On the homepage, locate the ‘IPO’ section. Most platforms, including Ventura, offer a dedicated IPO tab for easy access. Ensure your demat account is linked and KYC is complete.
2. Select Your Desired IPO
   Browse the list of ongoing IPOs. Each IPO comes with details like the issue size, price band, and company background. Pick an IPO that aligns with your investment goals. Curious about the company’s potential? Review its prospectus for insights into its financials and future plans.
3. Check IPO Details
   Before applying, examine key information like the maximum number of shares (lots), investment limits, and subscription dates. This helps you plan your bid strategically. Wondering how much to invest? Stick to your budget while exploring growth opportunities.
4. Apply for the IPO
   Click ‘Apply Now’ on your platform. Enter the number of lots, your bid price (within the price band), and your UPI ID for payment. UPI-based IPO applications are fast and secure, replacing older methods for convenience. Alternatively, use the ASBA (Application Supported by Blocked Amount) process, where funds are blocked in your bank account until allotment.
5. Confirm and Pay
   Submit your application and approve the payment request via your UPI app. For ASBA, ensure your bank account has sufficient funds. Once confirmed, your IPO application is complete! Track your application status on the platform or registrar’s website.

Why Choose UPI or ASBA for IPOs?

UPI simplifies payments, making IPO applications quick and paperless. ASBA ensures funds remain in your account, earning interest until allotment. Both methods are investor-friendly and widely accepted.

What is the Process of Investing in an IPO Online?

Wondering how to invest in an Initial Public Offering (IPO) online in India? IPOs are an exciting chance to buy shares of a company going public, offering potential for big returns. With platforms like Ventura and methods like UPI and ASBA, the IPO investment process is now simple and accessible. Step-by-Step Process to Invest in an IPO Online

1. Log In to Your Trading Platform
   Start by logging into your Ventura app or website. Head to the ‘IPO’ section on the homepage. Most platforms, like Ventura, have a similar setup. Ensure your demat account is active and KYC is verified. Curious about IPO opportunities? This is your gateway!
2. Choose an IPO
   Under ‘Open & Upcoming’ IPOs, browse the list of available IPOs. Do your homework—check the company’s prospectus, price band, and growth potential. Pick an IPO that matches your investment goals. Wondering which IPO is hot? Research trending companies for clues.
3. Start Your Application
   Click ‘Apply Now’ to kickstart your investment. Enter the number of lots, your bidding price (for book-building IPOs), and your UPI ID. UPI makes payments quick and secure, while ASBA (Application Supported by Blocked Amount) lets you block funds directly from your bank account.
4. Confirm and Pay
   Hit ‘Apply for IPO’ and confirm your bid. Approve the payment mandate on your UPI app to block funds. For ASBA, ensure your bank account has enough balance. Your IPO application is now complete! Track its status on the platform or registrar’s site.

Even after applying, you may not receive all the shares you bid for. Here’s why:

• Oversubscription: If demand exceeds the shares offered, shares are allotted proportionally.
• Application Rejection: Incomplete details, incorrect UPI ID, or insufficient funds can lead to rejection. In such cases, your funds remain unspent.

Key Requirements for IPO Application

1. Indian Citizenship
   You must be an Indian citizen to apply for an IPO in India. This ensures eligibility for retail investors looking to grab a slice of the IPO pie.
2. PAN Card
   A Permanent Account Number (PAN) card is mandatory for all financial transactions, including IPO applications. It’s your unique identity for tax purposes, so make sure you have one ready!
3. Demat Account
   A Demat account is a must to hold your IPO shares electronically. Without it, you can’t receive the shares allotted to you. Setting up a Demat account is quick and easy with most banks or brokerage firms.
4. Trading Account (Optional but Useful)
   While a trading account isn’t required to apply for an IPO, you’ll likely need one to sell your shares once they’re credited to your Demat account. Having both a Demat and trading account streamlines your investment process.

Researching an IPO is essential to understand the company’s business, financial health, and growth potential. Skipping careful study can lead to risky investments. Review the prospectus, track record, and market trends to make informed decisions.

How to Increase Your Chances of IPO Allotment?

• Use Multiple Demat Accounts for IPO Applications
  Want to increase your IPO allotment chances? Apply through multiple demat accounts held by family members or yourself. More applications mean more chances to get allotted shares in ipo, but ensure each account complies with SEBI regulations to avoid rejections. Curious how many accounts you can use? Check with your broker!
• Bid at the Highest Price in the IPO Price Band
  Wondering how to stand out in a crowded IPO subscription? If the IPO has a price band, always bid at the highest price. This signals strong interest and can boost your chances of allotment, especially in oversubscribed IPOs in India. Ready to bid smart?
• Submit Your IPO Application Before the Deadline
  Timing is everything! To avoid missing out, submit your IPO application well before the 5 PM deadline on the final day. Late entries can get rejected, so why risk it? Set a reminder and apply early to stay in the game.
• Apply Through the Shareholder Category for an Edge
  Did you know owning shares in the parent company of an IPO can give you a secret advantage? If the company going public has a parent company, invest in its shares and apply through the ‘Shareholder’ category. This reserved quota can significantly increase your IPO allotment chances. 

Mainboard vs. SME IPOs 

Mainboard IPOs are launched by large, established companies on major exchanges like BSE or NSE. Think Reliance or Tata firms with high market capitalization (Rs.1,000 crore+), strong financials, and strict SEBI regulations. They offer high liquidity, attract institutional investors, and suit those seeking stability and long-term growth.

SME IPOs, listed on BSE SME or NSE Emerge, are for smaller, growing businesses with lower market caps (often below Rs.500 crore). These “rising stars” have relaxed SEBI rules, smaller issue sizes, and lower liquidity, appealing to retail and high-net-worth investors chasing high-growth opportunities with higher risks.

How to Evaluate IPOs:

1. Fundamentals: Check financials in the Red Herring Prospectus. Mainboard firms have proven records; SMEs need strong growth potential.
2. Purpose: Ensure funds fuel expansion, not just losses.
3. Market Conditions: Mainboard IPOs are stable; SME IPOs are volatile but can surge in bullish markets.
4. Valuation: Compare P/E ratios; beware overhyped SME IPOs.
5. Risks: Mainboard offers lower risk; SMEs are riskier due to limited history.

Goals: Mainboard for steady returns; SME for high-risk, high-reward.

How to Evaluate an IPO Before Investing: Key Factors and Tips

Wondering how to pick a winning IPO? Investing in an Initial Public Offering (IPO) can be exciting but risky. To make smart choices, here’s a simple guide on evaluating an IPO, packed with key factors and tips, tailored for Indian investors.

1. Check Company Fundamentals 

Dive into the company’s financial health. Look at revenue, profit growth, and debt levels in the Red Herring Prospectus (RHP). A strong track record builds trust. Ask: Is the company growing steadily?

2. Assess Valuation 

Is the IPO priced fairly? Compare the Price-to-Earnings (P/E) ratio with industry peers. High valuations may mean limited gains. Curious if it’s overpriced? Dig into the RHP for clues.

3. Review Promoter Holding 

Promoters with high stakes show confidence in the business. In India, check if promoters are holding at least 20% post-IPO. Low holdings or heavy selling could raise red flags.

4. Study Industry Trends 

Is the sector booming? For example, tech or renewable energy IPOs may thrive in India’s growing market. Research market size and competition to gauge future potential.

5. Compare with Peers 

How does the company stack up against competitors? Check metrics like revenue, margins, and market share. A stronger position often signals a safer bet.

IPO Investment Tips and Checklist

• Read the RHP: It’s your IPO bible.
• Apply Early: Boost allotment chances via UPI or ASBA.
• Avoid Hype: Don’t chase listing gains blindly.
• Diversify: Spread investments to reduce risk.

Consult Experts: SEBI-registered advisors can guide you.