Upcoming IPO in September 2025 | Mainboard & SME IPO Watch List

Good News for eagerly waiting investors! We are about to enter September 2025, with various companies ready to step into the stock exchange and are expected to raise maximum amounts through an Initial Public Offering (IPO). If you are looking for the latest IPO in September 2025, you are at the right place. Below is the list of various companies that have filed for DRHP and got approval as RHP, which are expected to hit the primary market in September 2025.

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It looks like Avanse Financial, Hero Fincorp, and Tata Capital are some of the IPOs expected to launch with amounts of ₹3,500.00 Cr, and ₹3,668.13 crores, and major IPO are yet to be announced with the price band and issue size; however, these could have happened in September 2025 and are ready to shake the stock market in September. 

Due to weak market sentiment, several IPOs did not perform as expected, while many others were launched in both the SME and Mainboard segments.

Here are the September IPO 2025 details. Let’s find out about the current Mainline and SME IPOs that open this September and in the forthcoming weeks. 

Upcoming IPO Open DateClose DateType of IPOIPO SizePrice Band
Oval ProjectsAugust 28September 1SME₹46.74 Cr.₹80 to ₹85
Sugs LloydAugust 29 September 2SME ₹85.66 Cr.₹117 to ₹123 
Snehaa OrganicsAugust 29September 2SME₹32.68 Cr.₹115 to ₹122
Abril Paper TechAugust 29September 2SME₹13.42 Cr₹61 per share
Rachit PrintsSeptember 1 September 3SME₹19.49 Cr.₹140 to ₹149
Amanta HealthcareSeptember 1 September 3Mainboard₹126 Cr.₹120 to ₹126
Optivalue Tek ConsultingSeptember 2September 4SME₹51.82 Cr.₹80 to ₹84
Goel ConstructionSeptember 2September 4SME₹99.77 Cr.₹250 to ₹262 
Austere SystemsSeptember 3September 8SME₹15.57 Cr.₹52 to ₹55
Sharvaya MetalsSeptember 4 September 9SME₹58.80 Cr.₹192 to ₹196
Vigor PlastSeptember 4September 9SME₹25.10 Cr.₹77 to ₹81
Vashishtha Luxury FashionSeptember 5September 10SME₹8.87 Cr.₹109 to ₹111
Nilachal CarboSeptember 8September 10SME₹56.10 Cr.₹85
Krupalu MetalsSeptember 8September 10SME₹13.48 Cr.₹72
Karbonsteel EngineeringSeptember 9September 11SME₹59.30 Cr.₹151 to ₹159
Taurian MPSSeptember 9September 11SME₹42.53 Cr.₹162 to ₹171
Jay Ambe SupermarketsSeptember 10September 12SME₹18.45 Cr.₹74 to ₹78
Urban CompanySeptember 10September 12Mainboard₹1,900 Cr.₹98 to ₹103
Shringar HouseSeptember 10September 12Mainboard₹400.95 Cr.₹155 to ₹165
Dev AcceleratorSeptember 10September 12Mainboard₹143.35 Cr.₹56 to ₹61
Galaxy MedicareSeptember 10September 12SME₹22.31 Cr.₹51 to ₹54
Airfloa Rail TechnologySeptember 11September 15SME₹91.10 Cr.₹133 to ₹140
LT ElevatorSeptember 12September 16SME₹39.37 Cr.₹76 to ₹78
TechD CybersecuritySeptember 15September 17SME₹38.99 Cr.₹183 to ₹193
Euro Pratik SalesSeptember 16September 18Mainboard₹451.31 Cr.₹235 to ₹247
Sampat AluminiumSeptember 17September 19SME₹30.53 Cr.₹114 to ₹120
VMS TMTSeptember 17September 19Mainboard₹148.50 Cr.₹94 to ₹99
JD CablesSeptember 18September 22SME₹95.99 Cr.₹144 to ₹152
Ivalue InfosolutionsSeptember 18September 22Mainboard₹560.29 Cr.₹284 to ₹299
Siddhi CotspinSeptember 19September 23SME₹69.85 Cr.₹102 to ₹108
GK EnergySeptember 19September 23Mainboard₹464.26 Cr.₹145 to ₹153
Saatvik Green EnergySeptember 19September 23Mainboard₹900 Cr.₹442 to ₹465
Prime Cable IndustriesSeptember 22September 24SME₹40.01 Cr.₹78 to ₹83
Atlanta ElectricalsSeptember 22September 24Mainboard₹687.34 Cr₹718 to ₹754
Ganesh ConsumerSeptember 22September 24Mainboard₹408.8 Cr.₹306 to ₹322
Solvex EdiblesSeptember 22September 26SME₹18.87 Cr.₹72
BharatRohan AirborneSeptember 23September 25SME₹45.04 Cr.₹80 to ₹85
Aptus PharmaSeptember 23September 25SME₹13.02 Cr.₹65 to ₹70
NSB BPO SolutionsSeptember 23October 7SME₹77.91 Cr.₹140 to ₹147
True ColorsSeptember 23September 25SME₹127.97 Cr.₹181 to ₹191
Ecoline EximSeptember 23September 25SME₹76.42 Cr.₹134 to ₹141
Matrix Geo SolutionsSeptember 23September 25SME₹40.20 Cr.₹98 to ₹104
Seshaasai TechnologiesSeptember 23September 25Mainboard₹813.07 Cr.₹402 to ₹423
Jaro InstituteSeptember 23September 25Mainboard₹450 Cr.₹846 to ₹890
Anand Rathi ShareSeptember 23September 25Mainboard₹745 Cr.₹393 to ₹414
Solarworld EnergySeptember 23September 25Mainboard₹490 Cr.₹333 to ₹351
Praruh TechnologiesSeptember 24September 26SME₹23.50 Cr.₹60 to ₹63
Systematic IndustriesSeptember 24September 26SME₹115.60 Cr.₹185 to ₹195
Justo RealfintechSeptember 24September 26SME₹63 Cr.₹120 to ₹127
Epack PrefabSeptember 24September 26Mainboard₹504 Cr.₹194 to ₹204
Jain ResourceSeptember 24September 26Mainboard₹1,250 Cr.₹220 to ₹232
Gurunanak AgricultureSeptember 24September 26SME₹28.8 Cr.₹75
BMW VenturesSeptember 24September 26Mainboard₹231.66 Cr.₹94 to ₹99
Telge ProjectsSeptember 25September 29SME₹27.24 Cr.₹95 to ₹105
Gujarat PeanutSeptember 25September 29SME₹23.81 Cr.₹80
Chatterbox TechnologiesSeptember 25September 29SME₹42.86 Cr.₹110 to ₹115
EarkartSeptember 25September 29SME₹49.26 Cr.₹135
Jinkushal IndustriesSeptember 25September 29Mainboard₹116.11 Cr.₹115 to ₹121
TruAlt BioenergySeptember 25September 29Mainboard₹839.28 Cr.₹472 to ₹496
Bhavik EnterprisesSeptember 25September 30SME₹77 Cr.₹140
Rukmani Devi GargSeptember 26September 30SME₹23.52 Cr.₹93 to ₹99
KVS CastingsSeptember 26September 30SME₹27.83 Cr.₹53 to ₹56
DSM Fresh FoodsSeptember 26September 30SME₹59.65 Cr.₹96 to ₹101
Ameenji RubberSeptember 26September 30SME₹30 Cr.₹95 to ₹100
Manas PolymersSeptember 26September 30SME₹23.52 Cr.₹76 to ₹81
M P K SteelsSeptember 26September 30SME₹25.74 Cr.₹75 to ₹79
Pace DigitekSeptember 26September 30Mainboard
₹819.15 Cr.
₹208 to ₹219
Suba HotelsSeptember 29October 1SME₹75.47 Cr.₹105 to ₹111
Sodhani CapitalSeptember 29October 1SME₹10.71 Cr.₹51
Om MetallogicSeptember 29October 1SME₹22.35 Cr.₹86
Vijaypd CeuticalSeptember 29October 1SME₹19.25 Cr.₹35
GlottisSeptember 29October 1Mainboard₹307 Cr.₹120 to ₹129
Fabtech TechnologiesSeptember 29October 1Mainboard₹230.35 Cr.₹181 to ₹191
Dhillon Freight CarrierSeptember 29October 1SME₹10.08 Cr.₹72
ChiraharitSeptember 29October 3SME₹31.07 Cr.₹21
Om Freight ForwardersSeptember 29October 3Mainboard₹122.31 Cr.₹128 to ₹135
Game Changers TexfabSeptember 30October 3SME₹59.14 Cr.₹100 to ₹110
Munish ForgeSeptember 30October 3SME₹73.92 Cr.₹91 to ₹96
Infinity InfowaySeptember 30October 3SME₹24.42 Cr.₹147 to ₹155
Valplast TechnologiesSeptember 30October 3SME₹28.09 Cr.₹51 to ₹54
BAG ConvergenceSeptember 30October 3SME₹48.72 Cr.₹82 to ₹87
Sunsky LogisticsSeptember 30October 3SME₹16.84 Cr.₹46
Zelio E-MobilitySeptember 30October 3SME₹78.34 Cr.₹129 to ₹136
Sheel BiotechSeptember 30October 3SME₹34.02 Cr.₹59 to ₹63
Advance AgrolifeSeptember 30October 3Mainboard₹192.86 Cr.₹95 to ₹100
Greenleaf EnvirotechSeptember 30October 6SME₹21.90 Cr.₹136
Shlokka DyesSeptember 30October 6SME₹63.50 Cr.₹95 to ₹100
Shipwaves OnlineSeptember 30October 6SME₹56.35₹12
Sunshine Pictures20252025Mainboard₹- Cr.₹- to ₹-
Hero FincorpTBATBAMainboard₹3,668.13  Cr.TBA
Pine LabsTBATBAMainboardTBATBA
Tea PostTBATBAMainboardTBATBA
Victory ElectricTBATBASME ₹40.66 Cr.₹72
Tata CapitalTBATBAMainboard₹15,000 Cr.TBA
Avanse Financial ServicesTBA TBAMainboard₹3,500 Cr.TBA
Rosmerta DigitalTBATBASME₹206.33 Cr.₹140 to ₹147
Solar91 CleantechTBATBASME ₹106 Cr.₹185 to ₹195
BoAt TBATBAMainboard₹2000 Cr.TBA
Solarworld EnergyTBATBAMainboard₹600 Cr.TBA
Paras Healthcare TBATBAMainboardTBATBA
Arohan Financial TBATBAMainboardTBATBA
SMPP TBATBAMainboard₹4,000 Cr.TBA 

Oval Projects Engineering

Oval Projects Engineering IPO opening date is on August 28, 2025, and will close on September 1, 2025. The company is planning to raise around ₹46.74 crores via IPO that comprises a fresh issue of ₹46.74 crores and offer for sale up to 1600 equity shares with a face value of ₹10 each. 

The company has set a price band of ₹80 to ₹85 per share. In FY25, the company generated revenue of ₹103.44 crores, indicating a rise in revenue of 22% over the previous year. As of 29th August, the IPO GMP for the issue stood at ₹4.

Sugs Lloyd

Sugs Lloyd IPO is opening from August 29, 2025, and will close on September 2, 2025. Further, the IPO’s issue size is around ₹85.66 crores via IPO, which comprises a fresh issue of ₹85.66 crores and no Offer-for-Sale component. The price band has been set around ₹117 to ₹123. Sugs Lloyd IPO is set to list on the BSE SME, with a listing date of September 5, 2025. 

Sugs Lloyd Ltd.’s revenue grew by 159% and its profit after tax went up by 60% between FY2024 and FY2025. Also, the IPO GMP for the issue stood at ₹10 as of August 29, 2025. 

Snehaa Organics

Snehaa Organics is launching its IPO on August 29, 2025. The subscription window will remain open until September 2. Share allotment is expected on September 3, and the company is likely to make its NSE SME debut on September 5, 2025. Snehaa Organics IPO price band is ₹115 to ₹122 per share.

Snehaa Organics Limited, started in October 2017, helps industries reuse solvents by offering eco-friendly recovery solutions. As of August 29, 2025, the IPO GMP for the issue stood at ₹38. 

Abril Paper Tech

The Abril Paper Tech IPO will open on August 29, 2025, and close on September 2, 2025. The issue price is set at ₹61 per share, with each share having a face value of ₹10. The total issue size is ₹13.42 crores. 

Abril Paper Tech IPO to be listed on BSE SME on September 5, 2025. While, The allotment date of this IPO is September 3, 2025. Incorporated in 2023, Abril Paper Tech is one of the leading companies involved in the manufacturing of Sublimation Heat Transfer Paper, ranging from 30 GSM to 90 GSM of various sizes from 24 to 72 inches. 

Rachit Prints

The Opening of the Rachit Prints IPO is September 1, and the closing date is September 3, 2025. The company will be raising funds of ₹19.49 crores with a face value of ₹10 each. The price range of the IPO is set between ₹140 to ₹149 per share. The IPO is to be listed on the BSE, SME on September 8, 2025. 

In FY25, the company reported a profit of ₹4.56 crores in 2025. Rachit Prints was incorporated in 2003 and is one of the growing companies engaged in the manufacturing of specialty fabrics for the mattress industry. The company has reported a Return on Net Worth (RoNW) of 37.06%, highlighting its strong profitability and efficient use of shareholders’ funds.

Amanta Healthcare

Amanta Healthcare IPO will be open for subscription on September 1 and will close on September 3, 2025. The company is planning to raise funds of ₹126 crores via a fresh issue and no Offer-for-Sale component. The price range of the Amanta Healthcare IPO is set at ₹120 to ₹126 per share. 

As of August 29, 2025, the IPO GMP for the issue stood at ₹23. The allotment of the Amanta Healthcare IPO date is September 4, 2025. The retail quota is 35%, QIB is 50%, and HNI is 15%. If we talk about the company’s finances, the company reported revenue of ₹276.09 crores in 2025, respectively.

Optivalue Tek Consulting

The opening date of the Optivalue Tek Consulting IPO is September 2, 2025, and the IPO will close on September 4, 2025. This IPO comprises a fresh issue of ₹51.82 crores with no Offer-for-Sale component with a face value of ₹10 each. The price band is ₹80 to ₹84 per share. Optivalue Tek Consulting IPO to list on NSE on September 10, 2025. 

Incorporated in June 2011, Optivalue Tek Consulting Limited engages in offering enterprise modernization and digital transformation solutions. As of August 29, 2025, the IPO GMP for the issue stood at ₹0. 

Goel Construction

The opening date of the Goel Construction IPO is September 2, 2025, and the IPO will close on September 4, 2025. The company aims to raise ₹99.77 crore through its IPO, comprising a ₹80.81 crore fresh issue and an OFS of 7,23,600 shares. ₹250 to ₹262 per share is the price band set by the company. 

The IPO will be going to be listed on the BSE SME on September 10, 2025. Incorporated in 1997, Goel Construction is involved in construction and infrastructure projects. The company reported a Profit After Tax (PAT) of ₹38.32 crore in FY25.

Austere Systems

The opening date of the Austere Systems IPO is September 3, 2025, and the IPO will close on September 8, 2025. Through this IPO, the company seeks to raise ₹15.57 crore via a fresh issue carrying a face value of ₹10 each. 

The retail quota is 35%, QIB is 50%, and NII is 15%. The price range of the Austere Systems IPO is set between ₹52 to ₹55 per share. The allotment will be out on September 9, 2025, while the listing date is finalized on September 11, 2025. The company has achieved a Return on Net Worth (RoNW) of 43.32%.

Sharvaya Metals

Sharvaya Metals IPO is scheduled to open on September 4, 2025, and close on September 9, 2025. The company is planning to raise funds of ₹58.80 crores via IPO, which consists of a fresh issue of ₹46.06 crores and offer for sale up to 5,00,000 equity shares. The price range of this IPO is ₹192 to ₹196 per share.  

Sharvaya Metals IPO to list on BSE, NSE on September 12, 2025. Sharvaya Metals Limited is one of the leading companies involved in the manufacturing, supplying, and exporting of aluminium products. In FY24, the Net profit rose from ₹39.53 lakhs to ₹180.24 lakhs. 

Vigor Plast

The opening date of the Vigor Plast IPO is September 4, 2025, and it will close on September 9, 2025. The company’s IPO, estimated at ₹25.10 crore, will include a fresh equity issue of ₹18.99 crore and an offer for sale of up to 6,00,000 equity shares with a face value of ₹10 each. 

The price range of the Vigor Plast IPO is ₹77 to ₹81 per share. Founded in 2014, Vigor Plast Company is a prominent company engaged in the trading of PVC pipes and fittings. The company reported a Profit After Tax (PAT) of ₹5.15 crore in FY25.

Vashishtha Luxury Fashion

Vashishtha Luxury Fashion IPO will be open for subscription on September 5, 2025, and will close on September 10, 2025. The company is planning to raise around ₹8.87 crores via a fresh issue with a face value of ₹10 each. The price band of the Vashishtha Luxury Fashion Ltd is set at ₹109 to ₹111 per share. Vashishtha Luxury Fashion IPO to list on BSE SME on September 15, 2025. 

One of the growing companies, Vashishtha Luxury Fashion Limited, founded in 2010, is engaged in exporting high fashion hand embroidery work, accessories & finished garments.

Krupalu Metals

The opening date of Krupalu Metals IPO is September 8, 2025, and the IPO will close on September 10, 2025. The company is planning to raise around ₹13.48 crores via IPO with a face value of ₹10 each. The price band of the IPO is ₹72 per share. The company reported a Return on Net Worth (RoNW) of 35.12%.

Started its business in 2012, Krupalu Metals has been involved in making many different products from brass and copper. In FY25, the company generated a revenue of ₹48.50 crores compared to 2024, it was ₹37.12 crores. 

Nilachal Carbo

Nilachal Carbo IPO opening date is September 8, 2025, and the IPO will close on September 10, 2025. Through the IPO, the company will raise ₹56.10 crores with a fresh issue of ₹22.10 crores and offer for sale up to 40,00,000 equity shares. The price range of ₹85 per share. The allotment of the IPO will be on September 11, 2025, and the listing will be on September 15, 2025.

Incorporated in 2003, Nilachal Carbo is one of the growing companies involved in producing high-quality, low-sulfur metallurgical coke. The company has a Price-to-Earnings (P/E) ratio of 13.54 and reported a Return on Net Worth (RoNW) of 17.90%. 

Karbonsteel Engineering

The opening date of this IPO is September 9, 2025, and the IPO will close on September 11, 2025. The company is about to raise ₹59.30 crores, which includes a fresh issue of ₹48.33 crores and offer for sale up to 6,90,000 equity shares with a face value of ₹10 each. 

The price range of the Karbonsteel engineering is set between ₹151 to ₹159 per share. The shares of this IPO will be going to list on BSE SME on September 16, 2025. In FY25, the company generated revenue of ₹273.91 crores and reported a Return on Net Worth (RoNW) of 23.45%.

Taurian MPS

Taurian MPS IPO will be open for subscription on September 9, 2025, and will close on September 11, 2025. The company will be raising around ₹42.53 crores via IPO with a face value of ₹10 each. The shares of the IPO will be going to list on NSE SME on September 16, 2025. The allotment will be on September 12, 2025. 

Taurian MPS is one of the growing companies involved in the engineering and manufacturing sectors that focus on crushing, screening, washing plants, spare parts, and comprehensive industrial solutions. In FY24, the company generated revenue of  ₹73.70 crores, compared to last year it was ₹44.17 crores.

Jay Ambe Supermarkets

Investors can subscribe to the Jay Ambe Supermarkets IPO between September 10 and September 12, 2025. The company aims to raise around ₹18.45 crores via IPO. ₹74 to ₹78 is the price band set by the company. It is an SME IPO, and the Allotment date is September 15, while the listing date is September 17. 

In FY25, the company reported a revenue of ₹47.40 crores. The company also reported a profit of ₹2.75 crores in 2025. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Urban Company

Urban Company IPO will be open for subscription on September 10, 2025, and the IPO will close on September 12, 2025. The company is planning to raise around ₹1,900 crores with a face value of ₹1 each. Urban Company IPO price band is ₹98 to ₹103 per share. This is a mainboard IPO means the shares of the company will be listed on the BSE, NSE on September 17, 2025. 

Incorporated in December 2014, Urban Company is a tech-based online marketplaces that offer home and beauty services at home anytime. In 2025, the company reported revenue of ₹1,260.68 crores.

Shringar House of Mangalsutra

Founded in January 2009, Shringar House of Mangalsutra is one of the growing companies that designs and manufactures a wide range of mangalsutras in India. This IPO will be open for subscription on September 10, 2025, and will close for subscription on September 12, 2025. The company raised around ₹400.95 crores with a face value of ₹10 each. Shringar House of Mangalsutra IPO to list on BSE and NSE on September 17, 2025. 

Dev Accelerator

The subscription period for the Dev Accelerator IPO is September 10, 2025, and the closing date is September 12, 2025. The IPO size consists of a fresh issue of ₹143.35 crores and offer for sale up to [.] equity shares with a face value of ₹2 each. The shares will be going to list on the BSE, NSE on September 17, 2025, and the allotment is on September 15, 2025. The price band of the company is yet to be announced. The company has reported a Return on Net Worth (RoNW) of 17.90%.

The company started its business in 2017, is one of the largest flex space operators in terms of operational flex stock in Tier 2 markets.

Galaxy Medicare

Galaxy Medicare IPO will be open for subscription on September 10, 2025, and will close on September 12, 2025. This IPO consists of a fresh issue of ₹17.86 crores and an Offer-for-Sale up to 8,24,000 equity shares with a face value of ₹10 each. The price band of the IPO is ₹51 to ₹54 per share. The IPO is to be listed on NSE on September 17, 2025, and the allotment is on September 15, 2025. 

The company has reported a Return on Net Worth (RoNW) of 23.85%. As for its financials, the company generated a revenue of ₹36.94 crores in 2024, compared to ₹32.03 crores in 2023.

Airfloa Rail Technology

Airfloa Rail Technology IPO will be open for subscription on September 11, 2025, and will close on September 15, 2025. The company is planning to raise ₹91.10 crore via IPO with a face value of ₹10 each. Airfloa Rail Technology IPO price band is ₹133 to ₹140 per share. The IPO will be going to list on BSE on September 18, and the allotment will be on September 16, 2025. 

In FY24, the company generated revenue of ₹122.87 crores; if compared to FY23, it was ₹95.33 crores. The company has reported a Return on Net Worth (RoNW) of 25.42%.

LT Elevator

The LT Elevator IPO will open on September 12, 2025, and will close on September 16, 2025. The company raised around ₹39.37 crores. LT Elevator IPO to list on BSE SME on September 19, 2025. In FY24, the company generated revenue of ₹40.63 crores compared to ₹34.73 crores in 2023. 

Incorporated in August 2008, LT Elevator is one of the growing companies in providing quality Elevator system solutions, including manufacturing, installation, commissioning, and maintenance of elevators.

TechD CyberSecurity

TechD CyberSecurity IPO will be open for subscription on September 15, 2025, and will close on September 17, 2025. The company is planning to raise funds of ₹38.99 crores with a face value of ₹10 each. The price band of the TechD CyberSecurity is ₹183 to ₹193 per share. The allotment date of the TechD CyberSecurity IPO is September 18, while the listing will be on September 22, 2025. 

TechD Cybersecurity Ltd, previously known as TechDefence Labs, was founded in January 2017. The company is involved in delivering smart and secure cybersecurity services. The portfolio consists of Managed Security Services Provider (MSSP) solutions, Cyber Program Managed Services, Vulnerability Assessment and Penetration Testing (VAPT), Compliance Services, Specialized Services, and Staff Augmentation Services to meet diverse client needs.

Euro Pratik Sales

The opening date of the Euro Pratik Sales IPO is September 16, 2025, and it will close on September 18, 2025. Through this IPO, the company seeks to raise nearly ₹451.31 crores with a face value of ₹1 each. Euro Pratik Sales IPO price band is ₹235 to ₹247 per share. It is a mainboard IPO that will be listed on September 23, 2025. 

The company has reported a healthy Return on Net Worth (RoNW) of 32.60%. In FY25, the company generated a revenue of ₹291.52 crores. For the period, the company achieved a Profit After Tax (PAT) of ₹76.44. Euro Pratik Sales is involved in the business of selling and marketing decorative wall panels and laminates.

Sampat Aluminium

The Sampat Aluminium IPO will open on September 17, 2025, and close on September 19, 2025. The company will be planning to raise around ₹30.53 crores with a face value of ₹10 each. The price band of the Sampat Aluminium IPO is ₹114 to ₹120 per share. The IPO will be listed on the BSE on September 24, and the allotment will be on September 22, 2025. 

In FY25, the company generated a revenue of ₹133.00 crores against a revenue of ₹148.92 crores in 2024. The company has reported a Return on Net Worth (RoNW) of 30.82%.

VMS TMT

The opening date of the VMS TMT IPO is September 17, 2025, and the closing date is September 19, 2025. The company is planning to raise around ₹148.50 crores in an IPO. The price band of the VMS TMT IPO is ₹94 to ₹99. The allotment of the IPO will be on September 22, 2025, while the listing will be on September 24. 

Incorporated in 2013, VMS TMT is one of the leading manufacturers of Thermo Mechanically Treated (TMT) Bars. As of September 15, 2025, the Grey Market Premium of the VMS TMT IPO is ₹21.

JD Cables

JD Cables Limited, founded in 2015, is one of the growing companies involved in the manufacturing of cables and conductors that serve the power transmission and distribution sector. Its IPO will be open for subscription on September 18 and will close on September 22, 2025. The price band of the JD Cables IPO is ₹144 to ₹152 per share. The allotment of the JD Cables IPO is on September 23, 2025, and the shares will be listed on the BSE on September 25. In FY25, the company also reported a revenue of ₹250.70 crores.

Ivalue Infosolutions

The Opening date of the Ivalue Infosolutions IPO is September 18, 2025, and will close on September 22, 2025. Through IPO, the company is planning to raise funds of ₹560.29 crores with a face value of ₹2 each. Ivalue Infosolutions IPO price band is ₹284 to ₹299 per share. Ivalue Infosolutions IPO to list on BSE, NSE on September 25. The allotment of the Ivalue Infosolutions IPO date is September 23. The company’s Return on Net Worth (RoNW) stands at 20.63%.

Siddhi Cotspin

The open date for the Siddhi Cotspin IPO is September 19, 2025, and the IPO will close on September 23. The business plans to raise about ₹69.85 crores through an IPO, including a fresh issue of ₹53.40 crores and an offer to sell up to 15,24,000 equity shares with a face value of ₹10 apiece. 

Siddhi Cotspin’s IPO price range is ₹102-₹108 per share. Siddhi Cotspin’s IPO will be listed on the National Stock Exchange on September 26, 2025. The allotted date for Siddhi Cotspin IPO is September 24, 2025.

GK Energy

GK Energy Limited, founded in 2008, is a prominent provider of engineering, procurement, and commissioning (“EPC”) services for solar-powered agricultural water pump systems under Component B of the Central Government’s PM-KUSUM Scheme. 

GK Energy’s IPO will open on September 19, 2025, and close on September 23, 2025. The company plans to generate approximately ₹464.26 crores with a face value of ₹2 each. GK Energy’s IPO price ranges from ₹145 to ₹153 per share. In 2024, the company’s revenue was ₹412.31 crores, up from ₹285.45 crores in the previous year.

Saatvik Green Energy

The open date for the Saatvik Green Energy IPO is September 19, 2025, and the IPO closes September 23, 2025. The company wants to raise approximately ₹900 crores. Saatvik Green Energy’s IPO price range is ₹442-465 per share. Green Energy IPO to debut on BSE and NSE on September 26, 2025. 

The allotted date for the Saatvik Green Energy IPO is September 24, 2025. The company generated a great return on net worth (RoNW) of 63.41%. As of September 20, the GMP for Saatvik Green Energy is ₹32, suggesting a listing gain. 

Solvex Edibles

The Solvex Edibles IPO price band is ₹72 per share. The Solvex Edibles IPO starts on September 22, 2025, and closes on September 26, 2025. The company raised around ₹18.87 crores with a face value of ₹10 each. 

Solvex Edibles’ initial public offering will be listed on the BSE on October 1, 2025. The Solvex Edibles IPO allotment date is set for September 29, 2025. Solvex Edibles Limited, created in 2013, manufactures, distributes, markets, and sells rice bran oil and a variety of related byproducts. The company’s profit after tax (PAT) margin is 3.02%.  

Prime Cable Industries

The Prime Cable Industries IPO opens on September 22, 2025, and closes on September 24, 2025. The company seeks to raise ₹40.01 crores through an IPO, including a fresh issue of ₹35.02 crores and the sale of up to 6,01,600 equity shares. The Prime Cable Industries IPO price range is ₹78-₹83 per share. 

Prime Cable Industries’ IPO will be listed on the NSE on September 29, 2025. Prime Cable Industries’ IPO allotment date is September 25, 2025. Prime Cable Industries Limited was established in 1997 as a sole proprietorship. The company then changed its name to Trusted Cables Industries Limited, a wire and cable maker. 

Atlanta Electricals

Atlanta Electricals is a leading maker of power, auto, and inverter duty transformers in India, based on manufacturing volume. The open date for Atlanta Electricals’ IPO is September 22, 2025, and the IPO will close on September 24. The company is raising about ₹687.34 crores with a face value of ₹2. 

Atlanta Electricals’ IPO price range is ₹718-754 per share. In 2025, the company generated sales of ₹1,250.49 crores, compared to ₹872.05 crores in 2024. The company achieved a 33.91% return on net worth (RoNW).

Ganesh Consumer

Ganesh Consumer IPO opens on September 22, 2025, and closes on September 24, 2025. The company is raising around ₹408.8 crores. Ganesh Consumer’s IPO pricing range is ₹306 to ₹322 per share. The retail quota is 35%, QIB 50%, and HNI 15%. 

Ganesh Consumer IPO to debut on BSE and NSE on September 29, 2025. In 2025, the company generated revenue of ₹855.16 crores, compared to ₹765.26 crores in 2024. The company’s return on net worth (RoNW) is 15.81%. As of September 21, the GMP of the Ganesh Consumer is ₹19, indicating a decent listing gain. 

BharatRohan Airbone

BharatRohan Airbone IPO will be open for subscription on September 22, 2025, and will close on September 25, 2025. The company raised around ₹45.04 crores. BharatRohan Airborne IPO price band is ₹80 to ₹85 per share. The BharatRohan Airborne IPO is to list on the BSE on September 30, while the allotment will be on September 26, 2025. Since 2016, “BharatRohan Airborne Innovations” has been engaged in providing complete solutions across the farming value chain. 

Aptus Pharma

Aptus Pharma IPO open date is September 23, 2025, and the IPO will close on September 25, 2025. The company is raising around ₹13.02 crores with a face value of ₹10 each. Aptus Pharma IPO price band is ₹65 to ₹70 per share. Aptus Pharma IPO to list on BSE on September 30, 2025. The allotment of the Aptus Pharma IPO date is September 26, 2025. 

Aptus Pharma is a major company in pharmaceutical marketing and sales. This company does not have its own factories; instead, it uses contract manufacturers to produce its products. The company generated a 44.50% Return on Net Worth (RoNW).

NSB BPO Solutions

NSB BPO Solutions, a prominent player in the Business Process Outsourcing (BPO) industry with a strong focus on support services, is coming up with its IPO. The issue will open on September 23, 2025, and close on October 7, 2025, aiming to raise about ₹77.91 crores. 

The IPO carries a face value of ₹10 per share and is priced in the band of ₹140 to ₹147 per share. The basis of allotment will be finalized on October 8, 2025, and the company’s shares are scheduled to list on the BSE on October 10, 2025. Financially, the company has reported a Profit After Tax (PAT) margin of 7.98%.

True Colors

True Colors is set to launch its IPO to raise approximately ₹127.97 crores, with a face value of ₹10 per share. The IPO will open for subscription on September 23, 2025, and close on September 25, 2025, at a price band of ₹181 to ₹191 per share. 

The allotment will be finalized on September 26, 2025, and the shares are scheduled to list on the BSE on September 30, 2025. On the financial front, the company reported revenues of ₹234.05 crores in 2025, up from ₹160.91 crores in 2024, reflecting strong year-on-year growth.

Ecoline Exim

Ecoline Exim Limited, incorporated in 2008, is a manufacturer specializing in sustainable packaging solutions and promotional bags made from cotton and jute. The company is launching its IPO to raise around ₹76.42 crores. The issue opens on September 23, 2025, and closes on September 25, 2025, with a price band of ₹134 to ₹141 per share.

The IPO allocation is divided as 50% for QIBs, 15% for HNIs, and 35% for retail investors. The basis of allotment will be finalized on September 26, 2025, and the shares are expected to list on the NSE on September 30, 2025.

Matrix Geo Solutions

Matrix Geo Solutions Limited, established in 2008, is a consultancy firm specializing in advanced survey technologies, including photogrammetry, LiDAR, GIS, and remote sensing using drones and satellite imagery. The company is coming out with an IPO to raise approximately ₹40.20 crores, with a face value of ₹10 per share. 

The IPO will open on September 23, 2025, and close on September 25, 2025, at a price band of ₹98 to ₹104 per share. The allotment will be finalized on September 26, 2025, and the shares are scheduled to list on the NSE on September 30, 2025. Financially, the company has reported a strong Profit After Tax (PAT) margin of 26.52%.

Seshaasai Technologies

Seshaasai Technologies, a prominent provider of payment, communication, and delivery solutions primarily catering to the banking, financial services, and insurance (BFSI) sector, is launching its IPO to raise approximately ₹813.07 crores with a face value of ₹10 per share. 

The IPO will open on September 23, 2025, and close on September 25, 2025, with a price band of ₹402 to ₹423 per share. The company reported revenues of ₹1,473.62 crores in 2025, slightly down from ₹1,569.67 crores in 2024. As of September 21, 2025, the Grey Market Premium (GMP) for the IPO stands at ₹107, suggesting a positive listing gain.

Jaro Institute

Jaro Institute of Technology Management and Research Limited (Jaro Education), incorporated in 2009, is an online higher education and upskilling platform. The company is launching its IPO to raise approximately ₹450 crores, with a face value of ₹10 per share. 

The issue will open on September 23, 2025, and close on September 25, 2025, at a price band of ₹846 to ₹890 per share. The allotment will be finalized on September 26, 2025, and the shares are scheduled to list on both BSE and NSE on September 30, 2025. On the financial side, the company reported revenues of ₹202.57 crores in 2024, up from ₹124.59 crores in 2023, reflecting strong year-on-year growth.

Anand Rathi Share

Anand Rathi Share and Stock Brokers Limited, incorporated in 1991, is a full-service brokerage firm and a part of the Anand Rathi Group, which offers a wide range of financial services. The company is launching its IPO to raise approximately ₹745 crores, with a face value of ₹5 per share.

The IPO will open on September 23, 2025, and close on September 25, 2025, with a price band of ₹393 to ₹414 per share. The company has reported a Return on Net Worth (RoNW) of 23.12%.

SolarWorld Energy

Solarworld Energy, incorporated in 2013, is a rapidly growing company providing solar energy solutions, with a focus on engineering, procurement, and construction (EPC) services for solar power projects. The company is launching its IPO to raise around ₹490 crores, which includes a fresh issue of ₹440 crores and an offer for sale of up to 14,24,501 equity shares with a face value of ₹5 each. 

The IPO will open on September 23, 2025, and close on September 25, 2025, with a price band of ₹333 to ₹351 per share. The allotment will be finalized on September 26, 2025, and the shares are scheduled to list on BSE and NSE on September 30, 2025. Financially, the company has reported a Profit After Tax (PAT) margin of 14.14%.

Praruh Technologies

Praruh Technologies Limited, incorporated in 2019, is an ICT system integration and digital transformation solutions provider. The company is coming out with an IPO to raise approximately ₹23.50 crores, with a face value of ₹10 per share. The IPO will open on September 24, 2025, and close on September 26, 2025, with a price band of ₹60 to ₹63 per share.

The allotment will be finalized on September 29, 2025, and the shares are expected to list on BSE SME on October 1, 2025. On the financial side, the company reported revenues of ₹61.66 crores in 2024, up from ₹28.04 crores in 2023, reflecting strong year-on-year growth.

Systematic Industries

Systematic Industries Limited, incorporated in March 2000, is a player in the steel wire industry, engaged in the manufacturing and supply of steel wires and cables for sectors such as power transmission, infrastructure, telecommunications, and agro-based industries. 

The company is launching its IPO to raise approximately ₹115.60 crores. The IPO will open on September 24, 2025, and close on September 26, 2025, with a price band of ₹185 to ₹195 per share. On the financial front, the company reported revenues of ₹372.60 crores in 2024, up from ₹321.90 crores in 2023, and has posted a Profit After Tax (PAT) margin of 3.35%.

Justo Realfintech

Justo Realfintech Limited, incorporated in 2019, is a full-service real estate mandate company. The company is coming out with an IPO to raise approximately ₹63 crores, with a face value of ₹10 per share. 

The IPO will open on September 24, 2025, and close on September 26, 2025, at a price band of ₹120 to ₹127 per share. The allotment will be finalized on September 29, 2025, and the shares are scheduled to list on BSE on October 1, 2025. Financially, the company has reported a strong Return on Net Worth (RoNW) of 38.84%.

Epack Prefab Technologies

Epack Prefab Technologies is set to raise approximately ₹504 crores through its IPO, with a price band of ₹194 to ₹204 per share. The IPO will open on September 24, 2025, and close on September 26, 2025. The allotment will be finalized on September 29, 2025, and the shares are scheduled to list on both BSE and NSE on October 1, 2025. The company has reported a Return on Net Worth (RoNW) of 22.69%.

Jain Resource Recycling

Jain Resource Recycling Limited, incorporated in 2022, is engaged in the recycling and manufacturing of non-ferrous metal products. The company is coming out with an IPO to raise approximately ₹1,250 crores, with a face value of ₹2 per share. The IPO will open on September 24, 2025, and close on September 26, 2025, with a price band of ₹220 to ₹232 per share.

The allotment will be finalized on September 29, 2025, and the shares are scheduled to list on BSE and NSE on October 1, 2025. On the financial front, the company reported revenues of ₹7,162.15 crores in 2025, up from ₹4,484.84 crores in 2024, reflecting strong year-on-year growth.

Gurunanak Agriculture

Gurunanak Agriculture India Limited, incorporated in February 2010, is engaged in the manufacturing of agricultural machinery, including threshers, harvesters, reapers, and rotavators. The company is launching a fixed price IPO to raise approximately ₹28.8 crores, with each share priced at ₹75. 

The IPO will open on September 24, 2025, and close on September 26, 2025. Financially, the company has reported a strong Return on Net Worth (RoNW) of 39.45% and a Profit After Tax (PAT) margin of 5.57%.

BMW Ventures

BMW Ventures is set to launch its IPO, which will open on September 24, 2025, and close on September 26, 2025. The price band and other IPO details are yet to be announced. The allotment will be finalized on September 29, 2025, and the shares are scheduled to list on BSE and NSE on October 1, 2025. On the financial front, the company reported revenues of ₹2,067.33 crores in 2025, up from ₹1,942.03 crores in 2024, reflecting steady growth.

Telge Projects

Telge Projects Ltd, incorporated on January 16, 2018, offers a comprehensive range of engineering design services. The company is coming out with an IPO to raise approximately ₹27.24 crores, with a face value of ₹10 per share. The IPO will open on September 25, 2025, and close on September 29, 2025, with a price band of ₹95 to ₹105 per share. The allotment will be finalized on September 30, 2025, and the shares are scheduled to list on BSE on October 3, 2025.

Jinkushal Industries

Jinkushal Industries Limited, founded in November 2007, is an export trading company that supplies construction machinery globally. The company is launching its IPO to raise approximately ₹116.11 crores, with a face value of ₹10 per share. 

The IPO will open on September 25, 2025, and close on September 29, 2025, with a price band of ₹115 to ₹121 per share. The allotment will be finalized on September 30, 2025, and the shares are scheduled to list on BSE and NSE on October 3, 2025.

TruAlt Bioenergy

TruAlt Bioenergy Limited, incorporated in 2021, is engaged in the production of biofuels, primarily focusing on the ethanol sector. The company’s IPO will open on September 25, 2025, and close on September 29, 2025, though the price band and other details are yet to be announced. 

The allotment will be finalized on September 30, 2025, and the shares are scheduled to list on BSE and NSE on October 3, 2025. The company reported revenues of ₹1,907.72 crores in 2025, up from ₹1,223.40 crores in 2024.

Bhavik Enterprises

Bhavik Enterprises Limited, incorporated in 2008, is engaged in the trading of polymers, primarily Polyethylene (PE) and Polypropylene (PP). The company is coming out with an IPO to raise approximately ₹77.00 crores, with a face value of ₹10 per share. 

The IPO will open on September 25, 2025, and close on September 30, 2025, with a fixed price of ₹140 per share. The allotment will be finalized on October 1, 2025, and the shares are scheduled to list on BSE on October 6, 2025. On the financial front, the company reported revenues of ₹500.35 crores in 2024, up from ₹491.08 crores in 2023.

DSM Fresh Foods 

The IPO will open on September 26, 2025, and close on September 30, 2025, with a price band of ₹96 to ₹101 per share. The allotment will be finalized on October 1, 2025, and the shares are scheduled to list on BSE on October 3, 2025. Financially, the company reported revenues of ₹131.47 crores in 2025, up from ₹90.68 crores in 2024.

DSM Fresh Foods Limited, incorporated in May 2015, is engaged in the retail of fresh meat and ready-to-cook/eat non-vegetarian products. The company is coming out with an IPO to raise approximately ₹59.65 crores, with a face value of ₹10 per share. 

Ameenji Rubber

Ameenji Rubber Limited is set to launch its IPO on September 26, 2025, with the issue remaining open for subscription until September 30, 2025. The company aims to raise approximately ₹30 crore through this offering. The IPO carries a face value of ₹10 per share, and the price band has been fixed between ₹95 and ₹100.

The basis of allotment will be finalized on October 1, 2025, while the shares are scheduled to list on the BSE on October 6, 2025. Financially, the company has delivered a PAT margin of 8.54%, reflecting stable profitability.

Manas Polymers

The Manas Polymers IPO will open for subscription on September 26, 2025, and close on September 30, 2025. The company plans to raise about ₹23.52 crore. Each share carries a face value of ₹10, with the price band fixed at ₹76 to ₹81 per share.

In terms of financials, the company posted a revenue of ₹5.03 crore in FY 2024. Established in January 2024, Manas Polymers and Energies specializes in manufacturing high-quality, food-grade PET preforms, bottles, jars, and caps.

M P K Steels

M P K Steels Limited, incorporated in 2005, is engaged in the production of structural steel products. The company is coming out with its IPO, which will open on September 26, 2025, and close on September 30, 2025. Through this issue, it aims to raise approximately ₹25.74 crore. The shares carry a face value of ₹10 each, and the price band has been fixed between ₹75 and ₹79 per share.

The basis of allotment is expected on October 1, 2025, and the company’s shares are proposed to be listed on the BSE on October 6, 2025. On the financial front, the company has showcased robust performance with a Return on Net Worth (RoNW) of 24.98%.

Pace Digitek

Pace Digitek Limited, incorporated in 2007, is a diversified solutions provider with a strong presence in the telecom infrastructure sector. The company’s IPO will be open for subscription from September 26, 2025, to September 30, 2025. It seeks to raise about ₹819.15 crore with a face value of ₹2, and the price band has been set at ₹208 to ₹219 per share.

The basis of allotment is scheduled for October 1, 2025, with the stock expected to be listed on both the BSE and NSE on October 6, 2025. Financially, the company recorded revenues of ₹2,462.20 crore in FY 2025, slightly higher than ₹2,460.27 crore in FY 2024. It has also posted a healthy Return on Net Worth (RoNW) of 22.87%, reflecting strong profitability.

Suba Hotels

Founded in October 1997, Suba Hotels Limited is a domestic hotel chain in the mid-market hospitality segment. The company’s IPO will open on September 29, 2025, and close on October 1, 2025. The issue size stands at around ₹75.47 crore, with the price band fixed between ₹105 and ₹111 per share. The basis of allotment is expected to be finalized on October 3, 2025, and the shares are proposed to list on the NSE on October 7, 2025.

On the financial front, the company’s revenue grew significantly to ₹107.59 crore in FY 2025, compared to ₹54.34 crore in FY 2024, reflecting robust business expansion.

Sodhani Capital

Sodhani Capital Limited is set to launch its IPO with a price band of ₹51 per share. The issue will open on September 29, 2025, and close on October 1, 2025, through which the company aims to raise nearly ₹10.71 crore. Each share carries a face value of ₹10.

The basis of allotment is expected on October 3, 2025, and the company’s shares are scheduled to be listed on the BSE on October 7, 2025. On the performance side, Sodhani Capital delivered a revenue of ₹4.13 crore in FY 2025 and reported a strong Return on Net Worth (RoNW) of 42.24%, highlighting efficient capital utilization.

Om Metallogic

Om Metallogic Limited, incorporated in 2011, operates in the metal recycling industry, specializing in converting aluminium scrap into high-quality aluminium alloys such as cubes, ingots, shots, and notch bars.

The company’s IPO will open on September 29, 2025, and close on October 1, 2025. Om Metallogic aims to raise about ₹22.35 crore, with a face value of ₹10. The IPO price has been set at ₹86 per share.

The allotment date is scheduled for October 3, 2025, and the stock is expected to make its debut on the BSE on October 7, 2025. Financially, the company reported a revenue of ₹38.91 crore in FY 2024, showcasing steady operations.

Vijaypd Ceutical

Vijaypd Ceutical Limited, incorporated in October 1971, is one of the leading companies that distributes pharmaceutical products and consumer goods, offering a comprehensive range of services. Vijaypd Ceutical’s IPO open date is September 29, 2025, and the IPO will close on October 1, 2025. 

The company is raising around ₹19.25 crores with a face value of ₹10 each. The allotment of Vijaypd Ceutical IPO date is October 3, 2025. Vijaypd Ceutical IPO to list on NSE on October 7, 2025. The company recorded a PAT margin of 4.49%, showcasing modest profitability. 

Glottis

Glottis Limited, incorporated in June 2024, is a logistics solutions provider offering end-to-end transportation services via ocean, air, and road. The company’s IPO will open on September 29, 2025, and close on October 1, 2025, aiming to raise approximately ₹307 crore with a face value of ₹2, with the price band fixed between ₹120 and ₹129 per share.

The allotment is expected on October 3, 2025, and the shares are scheduled to list on the BSE and NSE on October 7, 2025. Glottis reported revenues of ₹942.55 crore in FY 2025, up from ₹499.39 crore in FY 2024, along with a robust Return on Net Worth (RoNW) of 56.98% and a PAT margin of 5.97%, reflecting strong profitability and efficient capital utilization.

Fabtech Technologies

Fabtech Technologies Limited, incorporated in 2018, is a biopharma engineering company. The company’s IPO will open on September 29, 2025, and close on October 1, 2025, aiming to raise approximately ₹230.35 crore. Each share carries a face value of ₹10, with the price band set between ₹181 and ₹191 per share.

The basis of allotment is scheduled for October 3, 2025, and the shares are expected to list on both the BSE and NSE on October 7, 2025.

On the financial front, Fabtech Technologies reported revenues of ₹230.39 crore in FY 2024, up from ₹199.91 crore in FY 2023, reflecting steady business growth.

Dhillon Freight Carrier

Dhillon Freight Carrier provides road transportation and logistics solutions. Its IPO, priced at ₹72 per share, opens on September 29, 2025, and closes on October 1, 2025, aiming to raise around ₹10.08 crore.

The allotment is on October 3, 2025, with listing on BSE SME on October 7, 2025. The company posted a PAT margin of 6.99%, reflecting healthy profitability.

Chiraharit

Chiraharit Limited is coming out with an IPO priced at ₹21 per share. The issue will open on September 29, 2025, and close on October 3, 2025, aiming to raise approximately ₹31.07 crore with a face value of ₹1 per share.

The allotment is scheduled for October 6, 2025, and the listing will be on BSE SME on October 8, 2025. The company reported a significant revenue growth from ₹30.57 crore in 2024 to ₹59.80 crore in 2025.

Om Freight Forwarders

The IPO will open on September 29 and will close on October 3, 2025. The company plans to raise around ₹122.31 crores via IPO that comprises a fresh issue of ₹24.44 crores and an offer for sale of up to 7,250,000 equity shares with a face value of ₹10 each. The shares of this IPO are to list on BSE and NSE on October 8, 2025. The allotment of the Om Freight Forwarders IPO date is October 6, 2025. 

In FY24, the company generated revenue of ₹421.32 crores compared to revenue of ₹493.35 crores in 2023. In 2024, the company reported a profit of ₹10.35 crores.

Game Changers Texfab

Game Changers Texfab Pvt. Ltd., incorporated in 2015, operates as a supply chain orchestration company for the fabric industry and powers TradeUNO Fabrics, a B2B fabric marketplace.

The IPO will open on September 30, 2025, and close on October 3, 2025, with a price band of ₹100–₹110 per share and a face value of ₹10. The company aims to raise around ₹59.14 crore. The allotment is scheduled for October 6, 2025, and the listing will be on BSE on October 8, 2025.

Munish Forge

Munish Forge Limited is set to open its IPO on September 30, 2025, and it will close on October 3, 2025. The allotment is scheduled for October 6, 2025, with listing expected on the NSE on October 8, 2025.

Details regarding the IPO size and price band are yet to be announced. The company reported revenues of ₹161.58 crore in FY 2024, slightly up from ₹161.18 crore in FY 2023, reflecting stable performance.

Infinity Infoway

Infinity Infoway Limited will open its IPO on September 30, 2025, and close on October 3, 2025, aiming to raise around ₹24.42 crore. The price band is set at ₹147–₹155 per share.

The allotment date and listing on BSE are scheduled for 2025. The company reported revenues of ₹10.35 crore in FY 2024, up from ₹5.38 crore in FY 2023, with a strong Return on Net Worth (RoNW) of 33.06%.

Valplast Technologies

Valplast Technologies Limited will open its IPO on September 30, 2025, and close on October 3, 2025. The company plans to raise approximately ₹28.09 crore through this issue, with a face value of ₹10 per share and a price band of ₹51 to ₹54 per share.

The allotment is scheduled for October 6, 2025, and the shares are expected to list on the BSE on October 8, 2025. The company posted a PAT margin of 9.67%, indicating healthy profitability.

B.A.G.Convergence

B.A.G. Convergence Limited, incorporated in April 2007, is engaged in offering technical assistance and production services for television channels and digital platforms. The company’s IPO will open on September 30, 2025, and close on October 3, 2025, aiming to raise around ₹48.72 crore. Each share has a face value of ₹10, with the price band set between ₹82 and ₹87 per share.

The allotment is scheduled for October 6, 2025, and the stock is expected to list on the NSE on October 8, 2025. On the financial front, the company reported revenue of ₹35.85 crore in FY 2025, up from ₹30.33 crore in FY 2024, reflecting consistent growth.

Sunsky Logistics

Sunsky Logistics Limited, incorporated on July 5, 2020, is an integrated logistics solutions provider. The company’s IPO will open on September 30, 2025, and close on October 3, 2025, with plans to raise about ₹16.84 crore with a face value of ₹2, and the price band is fixed at ₹46 per share.

The basis of allotment is scheduled for October 6, 2025, and the stock will list on the BSE on October 8, 2025. On the financial side, Sunsky Logistics posted revenues of ₹22.27 crore in FY 2025, up from ₹14.81 crore in FY 2024, along with a healthy PAT margin of 11.74%, underscoring strong profitability.

Zelio E-Mobility

Zelio E-Mobility Limited, incorporated in 2021, is engaged in the manufacturing, assembling, and supply of electric two-wheelers and three-wheelers.

The company’s IPO will open on September 30, 2025, and close on October 3, 2025, with plans to raise about ₹78.34 crore. The shares have a face value of ₹10 each, and the price band is fixed between ₹129 and ₹136 per share.

The allotment is scheduled for October 6, 2025, and the stock is set to debut on the BSE on October 8, 2025. 

Sheel Biotech

Sheel Biotech Limited, incorporated in November 1991, operates in the fields of biotechnology, floriculture, greenhouses, and organic projects.

The company’s IPO will open on September 30, 2025, and close on October 3, 2025, with a plan to raise about ₹34.02 crore. Each share carries a face value of ₹10, and the price band is set between ₹59 and ₹63 per share.

The basis of allotment is scheduled for October 6, 2025, while the shares are proposed to be listed on the NSE on October 8, 2025. In terms of performance, Sheel Biotech reported revenues of ₹92.55 crore in FY 2024, compared to ₹80.19 crore in FY 2023, indicating steady growth.

Advance Agrolife

Advance Agrolife Limited, incorporated in February 2002, is engaged in the manufacturing of a wide range of agrochemical products designed to support crop growth throughout their lifecycle.

The company’s IPO will open on September 30, 2025, and close on October 3, 2025, aiming to raise about ₹192.86 crore. Each share carries a face value of ₹10, with the price band set between ₹95 and ₹100 per share. The basis of allotment is expected on October 6, 2025, and the shares are scheduled to list on both the BSE and NSE on October 8, 2025.

Greenleaf Envirotech

Greenleaf Envirotech Limited specializes in providing EPC and turnkey solutions for wastewater treatment projects. The company’s IPO will open on September 30, 2025, and close on October 6, 2025, with plans to raise about ₹21.90 crore. 

The issue carries a face value of ₹10 per share and is priced at ₹136 per share. The allotment date is set for October 7, 2025, and the shares are scheduled to list on the NSE on October 9, 2025.

Shlokka Dyes

Shlokka Dyes IPO will open on September 30, 2025, and close on October 6, 2025, with a price band of ₹95 to ₹100 per share. The company aims to raise about ₹63.50 crores with a face value of ₹10 each. 

The IPO is scheduled to list on the BSE on October 9, 2025, while allotment is expected on October 7, 2025. Shlokka Dyes has reported a strong Return on Net Worth (RoNW) of 36.73%, reflecting efficient financial performance.

Taurian MPS

The IPO will open on September 9, 2025, and close on September 11, 2025, as well. Taurian MPS IPO to list on NSE SME on September 16, 2025. The company planned to raise funds of ₹42.53 crores. The company has reported a Return on Net Worth (RoNW) of 58.66%. The company is planning to utilize the funds to purchase the machinery and equipment at the existing production facility.

Taurian MPS, founded in 2010, is one of the leading engineering and manufacturing companies that focuses on crushing, screening, washing plants, spare parts, and comprehensive industrial solutions.

Sunshine Pictures

Sunshine Pictures IPO opening date is 2025, and the IPO will close in 2025. This IPO will consist of a fresh issue and Offer-for-Sale up to 33,75,000 equity shares with a face value of ₹10 each. More details of the IPO will be going to updated soon. Sunshine Pictures IPO to list on BSE, NSE in 2025. 

Incorporated in 2007, Sunshine Pictures Limited is one of the growing company engaged in the business of originating, creating, developing, producing, marketing, and distributing films, TV serials, and web series. 

Hero Fincorp

One of the famous IPOs, Hero FinCorp, is coming soon. 

Hero Fincorp is one of the leading companies in terms of financial products and services. The company was founded in 1991.  

Pine Labs

Pine Labs’ IPO is scheduled to open and close in 2025. The IPO includes a fresh issue of shares worth ₹2,600 crores and an offer for sale of up to 14,78,22,225 equity shares with a face value of ₹1 each. 

Pine Lab’s revenue in 2024 was ₹1,382.63 crores; in contrast, in 2023, it was ₹1,327.59 crores. The company reported a loss of ₹187.17 crores in 2024 against a loss of ₹56.24 crores in 2023. 

Tea Post

The Tea Post IPO will open soon, along with the proper details of the IPO. Founded in 2015 and starting its operations in 2016, Tea Post Limited is one of the largest players in the cafe market. Moreover, the company was founded in 2015, and after that year, operations started in 2016.  

Victory Electric Vehicles

Founded in October 2018, Victory Electric Vehicles International Limited specializes in the design, production, and distribution of electric vehicles.

This IPO price range is ₹72 per share, and it consists fresh issue of ₹40.66 Cr, wherein 56,47,000 shares. 

Tata Capital

Tata Capital is one of the major companies in the Tata Group. It has announced an IPO to increase the company’s capital. This has had a substantial impact on the Tata Group, as Tata Investment’s share price was ₹5,760.00 on 24 February 2025. 

After the Tata Capital IPO approval, this share jumped ₹6,213.40 on 25 February 2025, respectively. The company’s market capitalization stands at ₹31,460.16 crore. 

Avanse Financial Services

Avanse Financial Services IPO is a book-built issue and is likely to generate around ₹3,500.00 crores through IPO, which is a combination of fresh issues of ₹1,000.00 crores and OFS ₹2,500.00 Cr with a face value of ₹5 each. 

The 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 the BSE & NSE. 

Rosmerta Digital Services   

Rosmerta Digital Services IPO has an aim to raise ₹206.33 crores, which is an entirely fresh issue of ₹206.33 crores with a face value of ₹2 each. 

The Rosmerta Digital Services IPO price band is ₹140 to ₹147 per share. An IPO has 3 main quotas, such as a retail quota is 35%, a QIB quota of 50%, and an HNI quota of 15%. This IPO is proposed to be listed on the BSE.

Solar91 Cleantech

Solar91 Cleantech’s IPO goal is to increase ₹106 crores via IPO, has a fresh issue of ₹106 crores with a face value of ₹10 each. Solar91 Cleantech IPO price band is ₹185 to ₹195 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. 

BoAt

BoAt has received approval from its shareholders to proceed with its IPO. The brand will soon submit its draft papers to SEBI to initiate the process. Currently, the company is looking to raise between ₹2000 and-2500 crore through the IPO.

In 2022, this company submitted a DRHP to launch an IPO for ₹2000 crores, in which they planned to raise ₹900 crores as a fresh issue and ₹1100 crores as an offer-for-sale by the private equity firm Warburg Pincus.

SolarWorld Energy

Solarworld Energy’s IPO is a main-board public offering of equity shares with a face value of ₹5 each, totaling up to ₹600 crore. Wherein, the fresh issue would be ₹550 crore, and OFS would be ₹50 crore. 

SolarWorld Energy Solutions Limited, founded in 2013, provides solar energy solutions and specializes in engineering, buying equipment, and building solar power projects.

Paras Healthcare

Paras Healthcare IPO might be coming soon, this IPO ₹400.00 crore and offers for sale of 1.50 crore shares. IPO opening -closing date and price band will be coming soon, as per the sources. 

Founded in 1987, Paras Health is a healthcare organization that runs a network of hospitals across North India, including Bihar and Jharkhand.

Financially, the revenue of this company has also increased by ₹259.23 crores in 2024, which is higher than in 2023, which was ₹232.35 crores.  

Arohan Financial

Arohan Financial Services, a microfinance company based in Kolkata, has submitted a draft prospectus to SEBI to obtain approval for launching its IPO. The company primarily targets underserved and unserved states across India. Market sources indicate that the IPO will raise approximately ₹1,750 crore.

SMPP

The SMPP IPO is a book-built issue totaling ₹4,000 crore. The IPO dates have not been announced yet, and the allotment date will also be announced soon. 

SMPP Limited specializes in designing and producing defence equipment. The company makes ammunition parts, personal protective gear, and protection kits for use across land, air, and sea platforms.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.