Upcoming IPOs in India: Top New Listings to Watch in 2025

Introduction to IPOs
An Initial Public Offering (IPO) is a process wherein a non-public corporation offers its shares to the public for the first time, allowing buyers to own a stake in the commercial enterprise. With India’s economy developing hastily and agencies expanding, 2025 is expected to deliver a wave of interesting IPOs throughout numerous industries including era, fintech, e-commerce, and electric cars (EVs).
For buyers, IPO provides an opportunity to shop for stocks at an early stage and doubtlessly earn high returns when the inventory gets listed on the NSE or BSE.
Why Invest in Upcoming IPOs?
✅ Early Entry into High-Growth Companies – IPOs allow investors to buy shares before they trade publicly.
✅ Potential for High Returns – Many IPOs deliver strong listing gains due to high demand.
✅ Portfolio Diversification – Investing in new sectors helps spread risk and maximize returns.
✅ Support India’s Growth Story – Many upcoming IPOs are from fast-growing Indian startups and established brands.
Top Upcoming IPOs in India for 2025
1. Flipkart IPO
- Industry: E-Commerce & Retail
- Expected Issue Size: ₹40,000 Cr (Estimated)
- Expected Date: Q1 2025
- Why Invest? Flipkart is one of India’s largest e-commerce platforms, backed by Walmart, and has a strong presence in online retail.
2. BYJU’s IPO
- Industry: EdTech (Education Technology)
- Expected Issue Size: ₹12,000 Cr (Estimated)
- Expected Date: Q2 2025
- Why Invest? With increasing demand for online learning solutions, BYJU’s IPO could attract major institutional investors.
3. Swiggy IPO
- Industry: Food Delivery & Technology
- Expected Issue Size: ₹10,000 Cr (Estimated)
- Expected Date: Q2 2025
- Why Invest? Swiggy, India’s leading online food delivery platform, continues to expand its presence with quick commerce and cloud kitchens.
4. Ola Electric IPO
- Industry: Electric Vehicles (EV)
- Expected Issue Size: ₹7,500 Cr (Estimated)
- Expected Date: Q3 2025
- Why Invest? The Indian government is pushing for EV adoption, making Ola Electric a strong player in the future mobility sector.
5. PharmEasy IPO
- Industry: HealthTech & E-Pharmacy
- Expected Issue Size: ₹6,500 Cr (Estimated)
- Expected Date: Q3 2025
- Why Invest? As online pharmacy and healthcare services grow, PharmEasy’s IPO could see high demand.
6. Tata Play IPO
- Industry: Digital Entertainment & Broadband
- Expected Issue Size: ₹5,000 Cr (Estimated)
- Expected Date: Q4 2025
- Why Invest? With increasing digital content consumption and fiber broadband expansion, Tata Play has strong market potential.
7. FirstCry IPO
- Industry: Baby Care & E-Commerce
- Expected Issue Size: ₹4,500 Cr (Estimated)
- Expected Date: Q4 2025
- Why Invest? FirstCry is India’s largest baby and maternity product retailer, showing steady revenue growth.
How to Apply for an IPO in India?
Step 1: Open a Demat Account
To invest in an upcoming IPO, you must have a Demat & trading account with a registered broker like Zerodha, Groww, Upstox, or Angel One.
Step 2: Check the IPO Details
- Visit the NSE/BSE website or your broker’s IPO section.
- Analyze details like price band, issue size, and company financials.
Step 3: Apply for the IPO Online
- Go to the IPO application section in your trading app.
- Select the lot size and enter the bid price.
- Use UPI or ASBA (Application Supported by Blocked Amount) for payment.
Step 4: IPO Allotment & Refunds
- If you receive an allotment, shares will be credited to your Demat Account.
- If not, the blocked amount will be refunded to your bank account.
Step 5: Post-Listing Strategy
- If the stock price rises after listing, you can book profits.
- If you believe in the company’s long-term growth, you can hold the shares.
Best Demat Accounts to Apply for IPOs in India
Broker | Best For | Annual Charges | Key Features |
Zerodha | Discount Trading | ₹300 | Low brokerage, advanced tools |
Groww | Beginner Investors | ₹0 | User-friendly app, fast KYC |
Upstox | High-Speed Trading | ₹0 | AI insights, low-cost trading |
Angel One | Full-Service Brokerage | ₹0 | Free research & advisory |
5Paisa | Budget Investors | ₹0 | Low brokerage, Robo-advisory |
Key Factors to Consider Before Investing in an IPO
📌 Company’s Financial Health – Analyze revenues, profitability, and debt levels.
📌 Industry Growth Potential – Look for IPOs in booming industries like tech, fintech, and EVs.
📌 IPO Price Band & Valuation – Compare with listed competitors to see if the price is justified.
📌 Subscription Demand – A high oversubscription rate can indicate strong market interest.
📌 Lock-in Periods & Promoter Holdings – Some IPOs restrict early share sales.
Conclusion
The year 2025 is predicted to be a brilliant year for IPO investments, with numerous high-growth corporations going public. Whether you’re a protracted-time period investor or a dealer looking for listing profits, upcoming IPO offer exciting possibilities to participate in India’s monetary increase.