It looks like Avanse Financial, Ather Energy and JSW Cement are some of the IPOs expected to launch with amounts ā¹3,500.00 Cr., ā¹4000 crores, and major IPO are yet to be announced with the price band and issue size, however, these could have happened in the February 2025 and ready to shake the stock market in February.
Since market sentiment was not satisfactory various IPO was not listed at expectation, wherein many IPOs were SME and Mainline also. However, now that the fed rate has been declared to be stable, there might be possibilities of increment in market conditions.
Here is the list of upcoming IPOs in February 2025. Letās find out the current Mainline and SME IPOs that open this February month and in the forthcoming weeks in one place.
| Upcoming IPO | Opening Date | Closing Date | Type of IPO | IPO Size | Price Band |
| Chamunda Electrical | 4 February | 6 February | SME | ā¹14.60 Cr. | ā¹47 to ā¹50 |
| Ken Enterprises | 5 February | 7 February | SME | ā¹83.65 Cr. | ā¹94 |
| Solarium Green Energy | 6 February | 10 February | SME | ā¹105.04 Cr. | ā¹181 to ā¹191 |
| Readymix Construction Machinery | 6 February | 10 February | SME | Rs37.66 Cr. | ā¹121 to ā¹123 |
| Eleganz Interiors | 7 February | 11 February | SME | ā¹78.06 Cr. | ā¹123 to ā¹130 |
| Ajax Engineering | 10 February | 12 February | Mainboard | ā¹1,269.35 Cr. | ā¹599 to ā¹629 |
| Chandan Healthcare | 10 February | 12 February | SME | ā¹107.36 Cr. | ā¹151 to ā¹159 |
| PS Raj Steels | 12 February | 14 February | SME | ā¹28.28 Cr. | ā¹132 to ā¹140 |
| Hexaware Technologies | 12 February | 14 February | Mainboard | Rs 8,750 Cr. | ā¹674 to ā¹708 |
| Voler Car | 12 February | 14 February | SME | Rs 27.00 Cr. | ā¹85 to ā¹90 |
| MaxVolt Energy | 12 February | 14 February | SME | Rs 54.00 Cr. | ā¹171 to ā¹180 |
| L.K. Mehta Polymers | 13 February | 17 February | SME | ā¹7.38 Cr. | ā¹71 |
| Shanmuga Hospital | 13 February | 18 February | SME | ā¹20.62 Cr. | ā¹54 |
| Quality Power | 14 February | 18 February | Mainboard | ā¹858.70 Cr. | ā¹401 to ā¹425 |
| Tejas Cargo | 14 February | 18 February | SME | ā¹105.84 Cr. | ā¹160 to ā¹168 |
| Royalarc Electrodes | 14 February | 18 February | SME | ā¹36.00 Cr. | ā¹114 to ā¹120 |
| Swasth Foodtech | 20 February | 24 February | SME | ā¹14.92 Cr. | ā¹94 |
| HP Telecom India | 20 February | 24 February | SME | ā¹34.23 Cr. | ā¹108 |
| Beezaasan Explotech | 21 February | 25 February | SME | ā¹59.93 Cr. | ā¹165 to ā¹175 |
| Nukleus Office Solutions | 24 February | 27 February | SME | ā¹31.70 Cr. | ā¹234 |
| Shreenath Paper | 25 February | 28 February | SME | ā¹23.36 Cr. | ā¹44 |
| Balaji Phosphates | 28 February | 4 March | SME | TBA | TBA |
| Arisinfra Solutions | TBA | TBA | Mainboard | Rs 600 Cr. | TBA |
| Avanse Financial | TBA | TBA | Mainboard | ā¹3,500.00 Cr. | TBA |
| Rosmerta Digital Services | TBA | TBA | SME | ā¹206.33 Cr. | ā¹140 to ā¹147 |
| Solar91 Cleantech | TBA | TBA | SME | ā¹106 Cr. | ā¹185 to ā¹195 |
| Vikram Solar | TBA | TBA | Mainboard | TBA | TBA |
| JSW Cement | TBA | TBA | Mainboard | ā¹4000 Cr. | TBA |
| Ather Energy | TBA | TBA | Mainboard | TBA | TBA |
| Vikran Engineering | TBA | TBA | Mainboard | TBA | TBA |
| Star Agriwarehousing | TBA | TBA | Mainboard | ā¹450 crores | TBA |
| Prostarm Info Systems | TBA | TBA | Mainboard | TBA | TBA |
1. Chamunda Electrical
The Chamunda Electrical IPO started on February 4, 2025, and close on February 6, 2025. It is a book-built issue, along with an aim of ā¹14.60 crores through the IPO, wherein fresh issue of Rs ā¹14.60 crores and an offer for sale of up to [.] equity shares, each with a face value of ā¹10. An IPO has a price band of ā¹47 and ā¹50 for each share.
Significantly, 35% of places are allocated for retail categories investors, while 15% are for High Net-worth Individuals (HNIs), and half of (50%) of places for Qualified Institutional Buyers (QIBs). Chamunda Electrical IPO is prepared to be launched on the NSE stock exchange on February 11, 2025.
2. Ken Enterprises
Ken Enterprises is launching its IPO (Initial Public Offering) from February 5 to February 7, 2025. The company aims to raise around ā¹83.65 crores. This includes Fresh Issue: ā¹58.27 crores & Offer for Sale: 27,00,000 shares, each with a face value of ā¹10. Ken Enterprises IPO price band is ā¹94 per share.
The retail quota is 50%, QIB is 00%, and HNI is 50%. Ken Enterprises IPO to list on NSE on February 12, 2025.
3. Solarium Green Energy
The initial public offering (IPO) of Solarium Green Energy is scheduled to open on February 6, 2025, and close on February 10, 2025. The company plans to generate approximately ā¹105.04 crores through an initial public offering (IPO), which will include a new ā¹105.04 crore issue with a face value of ā¹10 per share. The price range for Solarium Green Energy’s IPO is ā¹181 to ā¹191 per share.
4. Readymix Construction Machinery
The Readymix Construction Machinery IPO will open on February 6, 2025, and close on February 10, 2025. An IPO is coming to raise around ā¹37.66 crores. this amount will come entirely from a fresh issue of ā¹37.66 crores, with no offer to sell existing shares. Each share has a face value of ā¹10. The IPOās price band is between ā¹121 and ā¹123 per share.
5. Eleganz Interiors
Eleganz Interiors IPO’s open date is February 7, 2025, and the IPO will close on February 11, 2025. Eleganz Interiors IPO is a Book Built Issue. The company is to raise around ā¹78.06 crores via IPO that comprises fresh issue of ā¹78.06 crores and offer for sale up to [.] equity shares with a face value of ā¹10 each.
Eleganz Interiors IPO price band is ā¹123 to ā¹130 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Eleganz Interiors IPO to list on NSE on February 14, 2025.
6. Ajax Engineering
Ajax Engineering IPO is opening from 10th to 12th February 2025. Via this IPO, the company is going to generate ā¹1,269.35 crores with the OFS of Rs 2,01,80,446 equity shares and all shares have a face value of ā¹1. Furthermore, the price band for the IPO is set between ā¹599 and ā¹629 per share.
7. Chandan Healthcare
Chandan Healthcare IPO is an SME IPO. Chandan Healthcare IPO duration is 10th to 12th February 2025, and it is a combination of fresh issues of Rs of ā¹70.79 crores and OFS up to 22,99,936 equity shares with face value of ā¹10 each. Moreover, it has a price band ā¹151 to ā¹159 per share.
Additionally, Chandan Healthcare Limited is involved in diagnostic centers means it offers healthcare solutions. It has around 169 routine pathology tests and haematology, adding 713 specialized tests along with x-rays, ultrasonography, CT, MRI, and specialized CT scans.
8. PS Raj Steels
PS Raj Steels IPO’s open date is February 12, 2025, and the IPO will close on February 14, 2025. It has a retail category of 35%, QIB of 50%, and HNI of 15%, respectively. It has around Rs 28.28 crores through this IPO, which has a fresh issue of Rs ā¹28.28 crores with a face value of Rs 10 each. PS Raj Steels IPO price band is ā¹132 to ā¹140 per share.
9. Hexaware Technologies
Hexaware Technologies IPO is opening from 12th February to 14th February 2025. It has OFS of Rs up to 12,35,87,570 equity shares with a face value of ā¹1 each. Moreover, this company has set a price band between ā¹674 to ā¹708 per share.
It is involved in the business of IT, and business-related solutions are the most important for every human being, Hexaware is one of the top companies that provide IT and business solutions to their customers.
10. Voler Car
The Voler Car IPO is set to open on February 12, 2025, and will close on February 14, 2025. It will be offered through a Book Built Issue method. An IPO has a fresh issue of Rs ā¹27.00 crores with a face value of ā¹10 each. Further price band is set between ā¹85 to ā¹90 per share.
Volar Car Limited is one of the leading firms that provides the same ETS (Employee Transportation Services) to MNCs and other corporate companies.
11. MaxVolt Energy
MaxVolt Energy is an SME IPO starting from 12th February to 14th February 2025. An IPO comprising only OFS process and sales of up to 6,00,000 equity shares with a face value of ā¹10 each. Its price band is ā¹171 to ā¹180 per share.
It was founded in 2019 and is involved in manufacturing Lithium-ion batteries. Its lithium-ion batteries are very helpful in making electric vehicles such as E-scooters, E-Rickshaws, and E-Cycles.
12. L.K. Mehta Polymers
L.K. Mehta Polymers IPO open date is February 13, 2025, and will close on February 17, 2025. An IPO considered ā¹7.38 crores through IPO combining fresh issue ā¹7.38 crores, which would be used for the companyās purposes.
Moreover, a share has a face value of ā¹10. L.K. Mehta Polymers IPO price band is ā¹71 per share.
L.K Mehta was established in 1995 and it is located in Madhya Pradesh, India. Along with 29 years of experience in this field, L.K Mehta Ltd has 20 Indian States and 500+ trusted customers. This has a business of making and selling plastic products.
13. Shanmuga Hospital
Shanmuga Hospital IPO open date is February 13, 2025, and the IPO will close on February 17, 2025. This IPO will raise ā¹20.62 crores through new issues with a face value of ā¹10 each. It has a price band of ā¹54 per share.
Shanmuga Hospital is located in Salem and has a business of providing medical facilities to all the patients, with 29 years of experience, nowadays they have a strong consumer relationship.
14. Quality Power
Quality Power IPO’s open date is February 14, 2025, and the IPO will close on February 18, 2025. The company is to raise around ā¹858.70 crores via IPO that comprises fresh issue of ā¹225 crores and offer for sale up to 1,49,10,500 equity shares with a face value of ā¹10 each. In this IPO The retailers have 10%, QIB is 75%, and HNI is 15%.
Quality Power Ltd is renowned for its high voltage equipment and solutions for grid connectivity and energy transitions, as well as is committed to providing power generation, transmission, distribution, and automation, including renewable energy applications.
15. Tejas Cargo
One of the best companies in terms of providing fast transportation services with the help of Full Truck Load is going to launch an IPO, the opening date is 14th February 2025 to February 18, 2025, moreover, a comparison of fresh issue of ā¹105.84 crores and each share has a face value of Rs 10. Tejas Cargo IPO price band is ā¹160 to ā¹168 per share. This SME IPO is going to be listed on NSE on February 21, 2025.
16. Royalarc Electrodes
Royalarc Electrodes IPO is open for subscription on February 14, 2025, and will close on February 18, 2025. It is coming with ā¹36.00 crores through this IPO, which consists of a fresh issue of ā¹21.60 crores and an offer for sale of up to 12,00,000 equity shares along with a face value of ā¹10. It has a price band set between ā¹114 and ā¹120 per share.
17. Swasth Foodtech
Swasth Foodtech India is one of the leading firms in terms of spreading out rice bran from crude oil. Moreover, this company has a solid motto regarding customer satisfaction and increased value of this company. However, Swasth Foodtech IPO has decided to launch an IPO, an opening date is February 20, 2025, and the closing date is February 24, 2025.
Swasth Foodtech IPO is going to be listed on the BSE platform, this is an SME IPO.
18. HP Telecom India
HP Telecom India Limited, established in March 2011, provides mobile phones and accessories and also enlarged its geographical reach, companies’ promoters are exploring new product lines such as Mobile like Nokia, Micro Max, Intex, Gionee, and Karbonn Mobiles because promoters are skilled and experienced.
Now, they have decided to launch an IPO, an opening date is February 20, 2025, and the IPO will close on February 24, 2025. Moreover, HP Telecom India IPO is a fully fresh issue of Rs ā¹34.23 crores. HP Telecom India’s price band is ā¹108 per share.
19. Beezaasan Explotech
Beezaasan Explotech is one of the leading companies in manufacturing and supplying varied types of accessories like slurry, emulsion, and detonating explosives. Moreover, it was founded in 2013 august, and it has decided to launch an SME IPO in February 2025.
Further, This IPO opening date is the 21st of 2025 and the 25th is closing 2025. Beezaasan Explotech price band also announced ā¹165 to ā¹175.
20. Nukleus Office Solutions
Nukleus Office Solutions Limited focuses on offering co-working and managed office spaces in the Delhi NCR area. Founded in December, the company provides a range of fully furnished and adaptable workspaces, such as dedicated desks, private offices, meeting rooms, startup hubs, and virtual office solutions.
Nukleus Office Solutions Limited’s IPO opening date is 24th February 2025 and the closing date is 27th February 2025. It has a fixed price band set up at Rs234 per share.
21. Shreenath Paper Products
Shreenath Paper Products Limited, founded in 2011 in Maharashtra, is a top manufacturer of paper products. The company supplies a wide range of paper materials, including coated, food-grade, machine-glazed, and adhesive papers, serving many customers across different industries.
Shreenath Paper IPO will open on February 25, 2025, and close on February 28, 2025. This IPO is a Fixed Price Issue fully fresh issue of ā¹23.36 crores with a face value of ā¹10. Shreenath Paper’s IPO price band is ā¹44 per share.
22. Balaji Phosphates
Balaji Phosphates IPO is scheduled to open on February 28, 2025, and close on March 4, 2025., This IPO is an offer for sale of up to 12,18,000 equity shares, each with a face value of ā¹10.
BALAJI PHOSPHATES PRIVATE LIMITED is a Private founded in 1996. It is classified as a Non-govt company and is registered at RoC-Kanpur.
23. Arisinfra Solutions
Arisinfra Solutions IPO is to surge around ā¹600 crores in fresh issues with a face value of Rs 2 each, and a retail quota is 10%, QIB is 75%, and HNI of 15%. It is going to be listed on both BSE and NSE platforms soon.
Arisinfra Solutions is one of the leading firms in terms of Making the process of buying construction materials simpler and faster by using digital tools. Although it has a good financial background such as d assets of ā¹492.83 crore and revenue of ā¹702.36 crore for the financial year ending March 31, 2024.
24. Vikran Engineering
Vikran Engineering, an Engineering, Procurement, and Construction (EPC) firm, is set to raise Rs 1,000 crore through an IPO, which is a combination of a fresh issue of Rs 900 crore and an offer for sale worth Rs 100 crore by the promoter. IPO details are yet to be announced.
25. Star Agriwarehousing
Star Agriwarehousing IPO includes a fresh issue of ā¹450 crores and an offer for sale of up to 26,919,270 equity shares, each with a face value of ā¹2.
The allocation will be 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). Star Agriwarehousing plans to list on the BSE and NSE.
26. Avanse Financial Services
Avanse Financial Services IPO is a book-built issue and likely to generate around ā¹3,500.00 crores through IPO that combination of fresh issues of ā¹1,000.00 crores with a face value of ā¹5 each.
Avanse Financial Services IPO price band is yet to be announced, while quotas have been announced. The retail quota is 35%, QIB is 50%, and HNI is 15%. Avanse Financial Services IPO is going to be listed on BSE & NSE.
27. Rosmerta Digital Services
Rosmerta Digital Services IPO has an aim to raise ā¹206.33 crores which is an entirely fresh issue of ā¹206.33 crores with a face value of ā¹2 each.
Rosmerta Digital Services IPO price band is ā¹140 to ā¹147 per share. An IPO has 3 main quotas such as, a retail quota is 35%, a QIB is 50%, and an HNI is 15%. This IPO is proposed to be listed on BSE.
28. Solar91 Cleantech
Solar91 Cleantech’s IPO goal is to increase ā¹106 crores via IPO has a fresh issue of ā¹106 crores with a face value of ā¹10 each. Solar91 Cleantech IPO price band is ā¹185 to ā¹195 per share.
This firm has a goal to provide national and international solar transitions. Moreover, it is giving the best in PM KUSUM with the engineering, procurement, and construction services for solar projects.
29. Vikram Solar
Vikram Solar IPO is a Book Built Issue, and Vikram Solar IPO issue size is yet to be announced yet, however, it will be declared soon. The offering includes a fresh issue of ā¹1,500 crores and an offer for sale of up to 17,450,882 equity shares, each with a face value of ā¹10. Significantly, in this IPO, for retailers 35% place, while QIB has 50% and 15% for High Net-worth Individuals (HNIs). Moreover, it has a purpose to get positions on the NSE and BSE stock exchanges.
30. JSW Cement
JSW Cement IPO has the aim of surging financial condition via IPO which is a fully fresh issue of ā¹2,000 crores with a face value of ā¹10 each.
Moreover, in JSW cement IPO 35% place has been reserved for retaillars, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). An IPO shares will be listed on the NSE and BSE stock exchanges.
31. Ather Energy
Ather Energy IPO is a Book Built Issue. The company is to raise around ā¹[.] crores via IPO that comprises fresh issues of ā¹3,100.00 crores with a face value of ā¹1 each.
Financially, it has a revenue of Rs 17836 million in 2023. This firm has 116 experience centers across 92 cities.
The retail quota is 10%, QIB is 75%, and HNI is 15%. Ather Energy IPO to list on BSE, NSE.
32. Ā Prostarm Info Systems
Itās an announcement that Prostarm Info Systems IPO might launched in 2025 and will be also closed in 2025. Moreover, this IPO is going to be listed on the BSE and NSE stock exchanges.
Prostarm Info Systems is one of the top firms, as it has top-notch power conditioning equipment for creating, assembling, selling, and servicing. Education to healthcare, railways to aviation, research to defense and security all are benefited by this company, as they have expertise and knowledge.
Financially, the revenue of this company has also increased ā¹259.23 crores in 2024 which is higher than in 2023 was ā¹232.35 crore.
Note: This news article is created only for educational purposes. It is not meant as an approval or recommendation to invest in any securities. Investors should conduct their research and get advice from financial advisors before making any investment decisions.
