70% of 2025 IPOs Opened Strong; Are They Still Holding Up? Check Upcoming IPOs Full List

The Indian stock market's defiance of global trends has bolstered investor confidence in initial public offerings (IPOs). After delivering one of its strongest performances in 2024, India's IPO market has regained momentum in 2025. So far, over 25 mainboard IPOs have debuted this year, with nearly 70%, around 18 issues, enjoying strong post-listing gains.

Above this, nearly 20 IPOs are opened at a premium range, which indicates a continued demand on the listing day, with Quality Power Electrical Equipment, Quadrant Future Tek, etc, emerging as strong performers, according to an Economic Times analysis of India's IPO data.

IPO Data Analysis

Nearly 5 IPOs were listed this year below their issue price, with four of them trading below their issue price. Out of all the stocks listed this year, trading for five companies began and one of them is yet to commence as of July 2, 2025.

Top IPO Gainers Of The Year 2025

In the first half of the year 2025, HDB Financial Services, Hexaware Technologies, Schloss Bangalore, Dr Agarwal's Health Care, Ather Energy, Aegis Vopak Terminals, Belrise Industries, Oswal Pumps and Ajaz Engineering were among the major IPO offerings.

Stellar IPO Listing In 2025 So Far

IPO Name	Amount Raised (₹ Cr)
HDB Financial Services	₹12,500 Cr
Hexaware Technologies	₹8,750 Cr
Schloss Bangalore	₹3,500 Cr
Dr. Agarwal's Health Care	₹3,027 Cr
Ather Energy	₹2,981 Cr
Aegis Vopak Terminals	₹2,800 Cr
Belrise Industries	₹2,150 Cr
Kalpataru	₹1,590 Cr
Oswal Pumps	₹1,387 Cr
Ajax Engineering	₹1,269 Cr

How IPOs Launched In FY26 Performing?

As per Axis Capital's report, out of the 79 IPOs listed in the stock market in the financial year 2024-25 (FY25), 48 companies were trading above their issue price, and nearly 28% of them made listing day gain. Coming to financial year 2025-26 (FY26), nine IPOs have been listed so far with 7 of them trading above their issue price. However, only 3% of the IPOs listed made listing day gain.

Sr No.	Company Name	Face Value (₹)	Issue Opening Date	Issue Size (₹ Cr)	Issue Size ($ Mn)	Issue Price (₹)	Listing Date	Listing Price (₹)	Listing Gain (%)
1	Indogulf Cropsciences	10	26-Jun	200	23	111	-	-	-
2	HDB Financial Services	10	25-Jun	12,500	1,461	740	02-Jul	835	13%
3	Sambv Steel Tubes	10	25-Jun	63	8	82	01-Jul	110	34%
4	Kalpataru	10	24-Jun	1,590	186	414	01-Jul	494	19%
5	Ellenbarrie Industrial Gases	10	24-Jun	400	47	100	01-Jul	132	32%
6	Globe Civil Projects	10	24-Jun	119	14	71	01-Jul	51	-28%
7	Aris Infra Solutions	2	18-Jun	140	17	46	28-Jun	60	30%
8	Oswal Pumps	10	13-Jun	1,387	162	615	18-Jun	638	4%
9	Scoda Tubes	10	12-Jun	168	20	110	17-Jun	118	7%
10	Prostram Info Systems	10	27-May	268	32	103	03-Jun	115	12%
11	Aegis Vopak Terminals	10	28-May	2,800	327	420	02-Jun	405	-4%
12	Schloss Bangalore	5	20-May	3,500	409	495	02-Jun	466	-6%
13	Belrise Industries	5	20-May	2,150	251	380	27-May	348	-9%
14	Borana Weaves	10	20-May	145	17	216	27-May	243	13%
15	Ather Energy	1	28-Apr	2,981	348	321	06-May	326	2%

Upcoming IPOs in 2025

In the second half of the year 2025, multiple companies are planning to bring their IPOs, including NSDL, Vikram Solar, JSW Cement, Kent RO, Anthem Biosciences, etc.

"The pipeline of issues continues to be healthy as 77 companies, including big names like JSW Cement, Hero Fincorp, NSDL, Vikram Solar, LG Electronics India, Kent RO, Anthem Biosciences, Travel Food Services, Bluestone Jewellery and Lifestyle, Euro Pratik Sales are presently holding SEBI approval waiting to hit the market, while another 80 (including Pre-filing) are awaiting SEBI approval," read a report by Axis Capital Report, .

The market capitalisation of nearly 286 companies, covered in IPO Monitor by Axis Securities, has experienced an increase of 3.45% in June 2025 to Rs 46,14,081 crore against their market capitalisation in May.

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.