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 October IPO 2025 details. Let’s find out about the current Mainboard and SME IPOs that open this October and in the forthcoming weeks.
| Upcoming IPO | Opening Date | Closing Date | Type of IPO | IPO Size | Price Band |
| NSB BPO Solutions | September 23 | October 7 | SME | ₹77.91 Cr. | ₹140 to ₹147 |
| DSM Fresh Foods | September 26 | October 6 | SME | ₹59.65 Cr. | ₹96 to ₹101 |
| Suba Hotels | September 29 | October 1 | SME | ₹75.47 Cr. | ₹105 to ₹111 |
| Sodhani Capital | September 29 | October 1 | SME | ₹10.71 Cr. | ₹51 |
| Om Metallogic | September 29 | October 1 | SME | ₹22.35 Cr. | ₹86 |
| Vijaypd Ceutical | September 29 | October 1 | SME | ₹19.25 Cr. | ₹35 |
| Glottis | September 29 | October 1 | Mainboard | ₹307.00 Cr. | ₹120 to ₹129 |
| Fabtech Technologies | September 29 | October 1 | Mainboard | ₹230.35 Cr. | ₹181 to ₹191 |
| Dhillon Freight Carrier | September 29 | October 1 | SME | ₹10.08 Cr. | ₹72 |
| Chiraharit | September 29 | October 3 | SME | ₹31.07 Cr. | ₹21 |
| Om Freight Forwarders | September 29 | October 3 | Mainboard | ₹122.31 Cr. | ₹128 to ₹135 |
| Munish Forge | September 30 | October 3 | SME | ₹73.92 Cr. | ₹91 to ₹96 |
| Infinity Infoway | September 30 | October 3 | SME | ₹24.42 Cr. | ₹147 to ₹155 |
| Valplast Technologies | September 30 | October 3 | SME | ₹28.09 Cr. | ₹51 to ₹54 |
| BAG Convergence | September 30 | October 3 | SME | ₹48.72 Cr. | ₹82 to ₹87 |
| Sunsky Logistics | September 30 | October 3 | SME | ₹16.84 Cr. | ₹46 |
| Zelio E-Mobility | September 30 | October 3 | SME | ₹78.34 Cr. | ₹129 to ₹136 |
| Sheel Biotech | September 30 | October 3 | SME | ₹34.02 Cr. | ₹59 to ₹63 |
| Advance Agrolife | September 30 | October 3 | Mainboard | ₹192.86 Cr. | ₹95 to ₹100 |
| Greenleaf Envirotech | September 30 | October 6 | SME | ₹21.90 Cr. | ₹136 |
| Shlokka Dyes | September 30 | October 9 | SME | ₹63.50 Cr. | ₹95 to ₹100 |
| WeWork India | October 3 | October 7 | Mainboard | ₹3,000 Cr. | ₹615 to ₹648 |
| Tata Capital | October 6 | October 8 | Mainboard | ₹15,511.87 Cr. | ₹310 to ₹326 |
| LG Electronics | October 7 | October 9 | Mainboard | ₹11,607.01 Cr. | ₹1080 to ₹1140 |
| Anantam Highways InvIT | October 7 | October 9 | Mainboard | ₹400 Cr. | ₹98 to ₹100 |
| Rubicon Research | October 7 | October 7 | Mainboard | ₹1,377.50 Cr. | ₹461 to ₹485 |
| Canara Robeco | October 7 | October 7 | Mainboard | ₹1,326.13 Cr. | ₹253 to ₹266 |
| SK Minerals | October 7 | October 7 | SME | ₹41.15 Cr. | ₹120 to ₹127 |
| Sihora Industries | October 7 | October 7 | SME | ₹10.56 Cr. | ₹66 |
| Canara HSBC Life | October 7 | October 7 | Mainboard | ₹2,517.50 Cr. | ₹100 to ₹106 |
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%.
DSM Fresh Foods
The IPO will open on September 26, 2025, and close on October 6, 2025, with a price band of ₹96 to ₹101 per share. The allotment will be finalized on October 7, 2025, and the shares are scheduled to list on BSE on October 9, 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.
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.
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 9, 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 14, 2025, while allotment is expected on October 10, 2025. Shlokka Dyes has reported a strong Return on Net Worth (RoNW) of 36.73%, reflecting efficient financial performance.
WeWork India
WeWork India is launching its Initial Public Offering (IPO) on October 3, 2025, and it will close on October 7, 2025. This is a book-built issue through which the company aims to raise around ₹3,000 crores. The IPO has an offer for sale (OFS) of up to 4,62,96,296 equity shares with a face value of ₹10 each. The price band for the IPO is set between ₹615 and ₹648 per share.
In 2025, WeWork India reported a revenue of ₹2,024 crores, up from ₹1,737.16 crores in 2024. The company also posted a profit of ₹128.19 crores in 2025, compared to a loss of ₹135.77 crores in the previous year.
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. The IPO is starting for subscription from October 6 and October 8, 2025. The IPO has issue size of around ₹15,511.87 crores via IPO that comprises fresh issue of ₹6,846 crores and offer for sale up to 26,58,24,280 equity shares with face value of ₹10 each.
LG Electronics
LG Electronics IPO is opening from October 7, 2025, to close on October 9, 2025. As the IPO has OFS, including 10,18,15,859 equity shares with a face value of ₹10 each. Moreover, the IPO price band has set between ₹1080 to ₹1140 per share.
In this IPO, promoters Holding Pre Issue has 67,87,72,392 shares, 100%, while Promoter Holding Post Issue 67,87,72,392 shares, 85%.
Anantam Highways InvIT
Anantam Highways InvIT IPO will open and close in 2025. It is a book-built issue, aiming to raise around ₹400 crores. This includes a fresh issue of ₹400 crores and an offer for sale of unspecified equity shares with a face value yet to be announced.
Rubicon Research
One of the leading companies, Rubicorn Research, is the latest IPO of October 2025, opening from October 9, 2025, and will close on October 13, 2025. Furthermore, the IPO’s issue size is ₹1,377.50 crores, including the fresh issue of 500 crores and OFS 1,80,92,762 equity shares with the face value of ₹1 each. The price band of this IPO is set between ₹461 to ₹485 per share.
Financially, the Rubicorn Research is good; in 2024, the PAT was 91.01 crores, while it was 134.36 crores in 2025.
Canara Robeco
Canara Robeco IPO will open for subscription on October 9, 2025, and close on October 13, 2025. It is a Book Built Issue with a total issue size of approximately ₹1,326.13 crores, which includes a fresh issue (exact amount yet to be disclosed) and an offer for sale (OFS) of up to 4,98,54,357 equity shares with a face value of ₹10 each. The price band for the IPO is set between ₹253 to ₹266 per share.
SK Minerals
SK Minerals IPO is opening from October 10, 2025, and will close on October 14, 2025. Furthermore, the IPO has an issue size of ₹41.15 crores through a fresh issue of shares. The face value of each equity share is ₹10. The IPO price band is set between ₹120 and ₹127 per share.
Canara HSBC Life
Canara HSBC Life IPO is opening from October 10, 2025, and will close on October 14, 2025. The rest of the details of the IPO will be given soon.
