Listed IPO List in India – Mainboard IPO and SME IPO 2025

 

Introduction to Listed IPOs in India

The Indian Initial Public Offering (IPO) market has been vibrant in 2025, with numerous companies making their debut on the stock exchanges. These listed IPOs span various sectors, offering investors a diverse range of opportunities. Both Mainboard and Small and Medium Enterprise (SME) IPOs have been actively participating in the market, reflecting the country’s robust economic growth and investor confidence. This page serves as a comprehensive guide to the listed IPOs in India, providing real-time updates on Mainboard IPOs and SME IPOs, including details on subscription status, allotment results, listing dates, and Grey Market Premium (GMP). Whether you’re a seasoned investor or a newcomer, staying informed about listed IPOs is crucial for making timely and informed investment decisions in the Indian stock market.

 

Understanding Mainboard and SME IPOs

Mainboard IPOs are typically launched by large, well-established companies seeking to raise capital from the public. These companies usually have a strong financial track record, a significant market presence, and a proven business model. Mainboard IPOs are listed on major stock exchanges like the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), attracting a wide range of institutional and retail investors.

On the other hand, SME IPOs cater to small and medium-sized enterprises looking to raise funds for expansion and growth. These IPOs are listed on platforms like NSE Emerge and BSE SME, which have more relaxed listing requirements compared to the main exchanges. SME IPOs often offer investors an opportunity to invest in emerging companies with high growth potential, albeit with higher risk. Both Mainboard and SME IPOs play a vital role in the Indian capital market ecosystem, offering diverse investment opportunities.

 

Key Factors to Monitor in Listed IPOs

Investors should closely monitor several key factors when evaluating listed IPOs. The issue price or price band indicates the range within which the company’s shares were offered to the public. Understanding the issue price helps investors assess the valuation of the company and determine if it’s reasonably priced.

The issue size refers to the total capital the company aimed to raise through the IPO. A larger issue size may indicate the company’s significant expansion plans, while a smaller issue size might suggest a more conservative approach.

The subscription status provides insights into the demand for the IPO. A high subscription rate often indicates strong investor interest, whereas a low subscription rate may raise concerns about the company’s prospects.

The listing date is when the company’s shares were officially listed on the stock exchange and became available for trading. Monitoring the listing date helps investors plan their entry and exit strategies.

The Grey Market Premium (GMP) is an unofficial indicator of the potential listing gains. A positive GMP suggests that the IPO might list at a premium, while a negative GMP indicates the opposite.

Lastly, the allotment results determine how many shares an investor received. Understanding the allotment process is crucial for investors to know their potential holdings post-listing.

 

Notable Listed IPOs in India 2025

As of October 2025, several notable IPOs have been listed in the Indian market. LG Electronics India raised approximately ₹34.75 billion ($391.88 million) through its Initial Public Offering (IPO), selling shares to prominent anchor investors including BlackRock and sovereign wealth funds from Singapore and Norway. Shares were priced at the upper end of the ₹1,080 to ₹1,140 range. The IPO came amid a strong quarter for Indian listings, with companies projected to raise up to $8 billion. Anchor investor participation comprised about 30% of the 101.8 million shares on offer, including contributions from the Abu Dhabi Investment Authority and major Indian mutual funds like SBI and HDFC.

Lenskart, India’s largest organized eyewear retailer, received regulatory approval to launch its Initial Public Offering (IPO), becoming the first exclusive eyewear company in India to go public. The IPO included the issuance of new shares worth ₹21.5 billion (approximately $250 million). The funds raised were used to expand its company-owned retail outlets, enhance technology and cloud infrastructure, and meet general corporate needs. Founded in 2010 as an online business, Lenskart entered the physical retail market in 2013 and has grown significantly, now operating 2,067 stores in India and 656 internationally.

Glottis, a Chennai-based multimodal logistics company, had a weak stock market debut on Dalal Street. The company’s shares listed at a significant 35% discount compared to their IPO issue price of ₹129. On the National Stock Exchange (NSE), shares opened at ₹84, while on the Bombay Stock Exchange (BSE), they debuted slightly higher at ₹88. This performance indicated a tepid response from investors and potentially reflected concerns about market conditions or company fundamentals at the time of listing.

Suba Hotels, backed by prominent investors Ashish Kacholia and Mukul Agrawal, made a strong debut on the NSE SME platform. The stock was listed at ₹154.20, reflecting a 39% premium over its IPO issue price of ₹111. This performance highlighted robust investor interest and positive market sentiment surrounding the company’s initial public offering.

Dhillon Freight Carrier made its market debut on the BSE SME platform at a 20% discount to its IPO price. The stock opened at ₹57.6 per share compared to the IPO price of ₹72. Despite the discounted listing, the ₹10.08 crore IPO saw decent investor interest, receiving 2.91 times subscription overall, driven largely by strong participation from retail investors.

 

Monitoring Listed IPO Subscription and Allotment Status

Tracking the listed IPO subscription status is essential for investors to gauge the demand for a particular IPO. Subscription data is updated regularly and provides insights into how many times the issue has been subscribed to in different investor categories, such as Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).

The allotment status indicates how many shares an investor has been allotted in the IPO. Once the allotment process is complete, investors can check their status to know the number of shares they will receive. This information is crucial for planning post-listing strategies.

Several online platforms provide real-time updates on IPO subscription and allotment status, allowing investors to stay informed and make timely decisions.

 

Importance of Grey Market Premium (GMP) in Listed IPOs

The Grey Market Premium (GMP) is an unofficial market where IPO shares are bought and sold before they are officially listed on the stock exchange. The GMP reflects the potential listing gains and investor sentiment towards the IPO. A positive GMP indicates that the IPO might list at a premium, while a negative GMP suggests the opposite.

Monitoring the GMP can provide investors with an early indication of the IPO’s potential performance. However, it’s important to note that GMP is not a guaranteed predictor, and investors should consider other factors, such as the company’s fundamentals and market conditions, before making investment decisions.

 

Utilising the Listed IPO List for Investment Decisions

The Listed IPO List serves as a valuable tool for investors to track ongoing and upcoming IPOs in India. By providing detailed information on issue prices, subscription status, GMP, and allotment results, the list enables investors to make informed decisions.

Regularly monitoring the listed IPO helps investors identify potential investment opportunities, assess market trends, and plan their investment strategies effectively. It’s an essential resource for anyone looking to participate in the dynamic Indian IPO market.

• Orkla India Ltd GMP, Price, Date, AllotmentOctober 24, 2025
• Game Changers Texfab Ltd GMP, Price, Date, AllotmentOctober 22, 2025
• Shreeji Global FMCG Ltd GMP, Price, Date, AllotmentOctober 17, 2025
• Jayesh Logistics Ltd GMP, Price, Date, AllotmentOctober 17, 2025
• Shipwaves Online Ltd GMP, Price, Date, AllotmentOctober 15, 2025
• Riddhi Display Equipments Ltd GMP, Price, Date, AllotmentOctober 15, 2025