Upcoming IPO in India 2025 – Latest IPO List, Mainboard & SME IPO Calendar

The Upcoming IPOs in India for 2025 are creating excitement among investors. This year, major companies like Midwest, Hero Fincorp, Hero Motors, and BoAt are planning to go public. Below is the complete list of upcoming IPOs in 2025, including Mainboard and SME IPOs listed on NSE and BSE.

Investors can click on each IPO name to get detailed information such as price band, dates, and application process.

Upcoming Mainboard IPOs in 2025

Stay updated with the latest Mainboard IPO news, including open, closed, and upcoming IPOs in India.
A Mainboard IPO allows a private company to list its shares on major stock exchanges like NSE and BSE, following the schedule mentioned in the Red Herring Prospectus (RHP).

• Total Mainboard IPOs: 81

• Listed in Gain: 44

• Listed in Loss: 31

Upcoming SME IPOs in 2025

The SME IPOs (Small and Medium Enterprises) are listed on NSE Emerge and BSE SME platforms. These IPOs allow smaller companies to raise funds from the public and gain market visibility.

• Total SME IPOs: 214

• Listed in Gain: 117

• Listed in Loss: 93

What is an IPO (Initial Public Offering)?

An Initial Public Offering (IPO) is the process by which a private company offers its shares to the public for the first time to raise funds. By investing in an IPO, investors can become shareholders and gain ownership rights in the company.

There are two types of IPOs:

1. Mainboard IPO – Listed on NSE and BSE.

2. SME IPO – Listed on BSE SME or NSE Emerge.

How the IPO Process Works

1. Filing DRHP: The company files a Draft Red Herring Prospectus (DRHP) with SEBI.

2. Approval: Once approved, the company releases an RHP (Red Herring Prospectus).

3. Price Band Declaration: The IPO price range is announced.

4. Subscription Window: The IPO remains open for 3–5 days for QIBs, NIIs, and RIIs.

5. Allotment & Refund: Investors can check allotment status and receive refunds (if applicable).

6. Listing Day: The company’s shares are listed on NSE/BSE for public trading.

Purpose & Benefits of IPOs

• Capital Growth: Raise funds for expansion, debt repayment, and future projects.

• Brand Awareness: IPOs bring media attention, enhancing company reputation.

• Public Trust: Being listed increases credibility and investor confidence.

• Engagement: Attracts new stakeholders, employees, and investors.

• Transparency: Public companies must maintain strong governance and accountability.

How to Apply for an IPO

You can apply for an IPO in three ways:

1. Apply via UPI

Use apps like Zerodha, Upstox, Groww, or Paytm Money. Select the IPO, enter your UPI ID, and approve the mandate from your bank.

2. Apply via ASBA

Log in to your bank account, fill in details like Demat number, PAN, and bid amount, and submit.

3. Apply via Broker (Offline)

Visit your stock broker, fill out the physical IPO form, and submit.

Important Notes for Investors

• IPO dates and schedules may vary depending on SEBI approvals.

• The IPO calendar is for informational purposes only — not investment advice.

• Always verify details on official NSE/BSE and SEBI websites before applying.

Upcoming IPO 2025 – FAQs

Q1: Which is the next upcoming IPO in 2025?

Midwest, Hero Fincorp, Hero Motors, and BoAt are among the next major IPOs.

Q2: Should I invest in upcoming IPOs?

Yes, investing in quality IPOs can offer good long-term returns.

Q3: Who can apply for an IPO?

Retail investors, QIBs, NIIs, anchor investors, employees, and shareholders (if eligible).

Q4: How to apply for IPOs online?

Via UPI-enabled apps or ASBA through your bank account.

Q5: Where to get IPO forms?

Download IPO forms from NSE/BSE websites or ask your broker.

⚠️ Disclaimer:

This article is for educational purposes only. It is not financial advice. Please consult a certified investment advisor before investing in any IPO.