Closed IPOs in 2025

Closed IPOs in 2025
Get insights into IPOs that recently closed for subscription.
sme
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Arunaya Organics IPOChemicals, SME

1.9x

subscribed

Allotment Date05 May 2025
Demat Transfer06 May 2025
Listing Date07 May 2025
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Ather Energy IPOAutomobile Two & Three Wheelers

1.46x

subscribed

Allotment Date02 May 2025
Demat Transfer05 May 2025
Listing Date06 May 2025
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Iware Supplychain Services IPOLogistics, SME

1.57x

subscribed

Allotment Date02 May 2025
Demat Transfer05 May 2025
Listing Date06 May 2025

How to apply for IPOs on Upstox

Step 1

Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section

Step 2

Click on apply, enter the lot size, price and provide your UPI mandate.

Step 3

Approve the UPI mandate on your UPI app and you are all set!


Latest News on IPO

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Srigee DLM IPO: The price band is set at ₹94 to ₹99 per equity share. Investors can apply for a lot, consisting of 1,200 shares worth ₹1,12,800.

2 min read

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Arunaya Organics IPO allotment: The initial public offering was a combination of a fresh issuance of equity shares aggregating to ₹30.51 crore, and an offer-for-sale of ₹3.48 crore.

2 min read

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Ather Energy IPO allotment status: The bid finalisation details are available on the websites of the National Stock Exchange (NSE), the BSE, and the registrar, MUFG Intime India Pvt Ltd (earlier Link Intime India).

3 min read

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Manoj Jewellers IPO is a fresh issuance of 30 lakh equity shares worth ₹16.2 crore. It is a fixed-price issue at ₹54 per share. The company proposes to use the money raised for repayment of certain borrowings and general corporate purposes.

3 min read

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Upcoming IPO: Priority Jewels' initial share sale is completely a fresh issue of 54 lakh equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Wednesday.

2 min read

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Arunaya Organics IPO allotment status will be finalised on Monday, May 5. The bids finalisation details will be available on the websites of the National Stock Exchange (NSE) and registrar, Bigshare Services Pvt Ltd.

2 min read

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Wagons Learning IPO: The ₹38.38 crore initial public offering is a mix of a fresh issuance of shares valued at ₹25.26 crore and an offer-for-sale (OFS) component of ₹13.12 crore.

2 min read

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The investors who participated in Ather Energy's IPO are now waiting for the allotment status to be finalised, which is scheduled for Friday, May 2.

2 min read

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Tankup Engineers share price: The initial share sale was a fresh issue of 13.95 lakh shares worth ₹19.53 crore. The money raised will be used for working capital requirements, repayment of outstanding borrowings, and general corporate purposes. It had a price band of ₹133 to ₹140 per share.

2 min read

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The proposed IPO is entirely an offer-for-sale (OFS) of shares worth ₹2,000 crore by promoter Kapur Family Trust, according to the draft red herring prospectus (DRHP).

2 min read

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Ather Energy IPO: The electric two-wheeler manufacturer's ₹2,981.06 crore issue, with a price range of ₹304-₹321 apiece, will conclude on Wednesday, April 30.

2 min read

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Canara HSBC Life IPO: The proposed initial share sale will be exclusively an offer for sale of up to 237,500,000 shares. Under the OFS, Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited, and Punjab National Bank will offload their stake.

2 min read

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Upcoming IPOs: Shares of Arunaya Organics Ltd will list on the NSE SME platform Emerge, while Kenrik Industries Ltd shares will debut on the BSE SME.

2 min read

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Tankup Engineers IPO allotment: The ₹19.53 crore initial share sale was solely a fresh issuance of 13.95 lakh equity shares. The funds raised will be utilised for working capital requirements and debt repayment.

2 min read

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Urban Company IPO: The net fresh issue proceeds will be utilised for new technology development and cloud infrastructure, marketing initiatives, and lease payments for its offices. A portion will also be utilised for corporate general purposes.

2 min read

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LG Electronics IPO: The proposed initial share sale is exclusively an offer for sale of 10.18 crore shares by promoter LG Electronics Inc, according to the draft red herring prospectus (DRHP). There is no fresh issue component.

2 min read

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Urban Company is expected to file a draft red herring prospectus (DRHP) or initial IPO papers with the market regulator, the Securities and Exchange Board of India, by next month

2 min read

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Ather Energy's ₹2,981.06 crore initial share sale is a mix of a fresh issuance aggregating to ₹2,626 crore and an offer-for-sale of 1.11 crore shares.

2 min read

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Iware Supplychain Services IPO: The initial share sale is solely a fresh issuance of 28,56,000 equity shares worth ₹27.13 crore. The minimum investment size for retail investors is one lot, or 1,200 shares worth ₹1,14,000.

2 min read

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Ather Energy IPO is a mix of a fresh issuance of 8.18 crore equity shares worth ₹2,626 crore and an offer for sale (OFS) of ₹354.76 crore. The total issue size is ₹2,980.76 crore.

2 min read

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Upcoming IPOs: Ather Energy IPO is a mix of fresh issuance of shares valued at ₹2,626 crore and an offer-for-sale (OFS) component of 1.1 crore equity shares by promoters and other shareholders.

3 min read

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Ather Energy announced on Friday, April 26, that it has raised ₹1,340 crore from anchor investors ahead of its initial share sale opening on Monday, April 28. The IPO will be a combination of a fresh issue of equity shares worth ₹2,626 crore and an offer-for-sale component of 1.1 crore equity shares by company promoters and shareholders.

3 min read

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Tankup Engineers IPO is a fresh issue of 13.95 lakh shares valued at ₹19.53 crore. There is no offer-for-sale component. The money raised will be used to clear debt and meet working capital requirements.

2 min read

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Upcoming IPO: Prestige Hospitality Ventures, which currently operates seven hotels, will raise up to ₹1,700 crore through a fresh issue component.

2 min read

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Ather Energy IPO opens on April 28, 2025, with an issue size of ₹2,980.7 crore. The price band is set between ₹304-₹321 per share, with a lot size of 46 shares. Ather Energy is a leading electric two-wheeler manufacturer in India, known for premium e-scooters.

4 min read


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What are closed IPOs?

Closed IPOs refer to the initial public offerings that have closed for subscription and are not listed yet on the exchanges. This means investors can no longer bid for shares directly. After the closure of the IPO bidding process, the company assesses the demand based on subscription figures and finalises share allotments. Successful investors are allotted shares while refunds are initiated to unsuccessful bidders. The company then prepares for its debut on the stock exchanges like the NSE and BSE. After listing, the stock is openly traded on the exchanges. The investors can check key details about closed IPOs 2025 via online trading platforms like the Upstox app. Important details like IPO dates, subscription numbers, offer size and price band can be checked on the Upstox app.

What happens after an IPO closes?

Once an IPO closes, the company moves into the share allotment stage, where shares are distributed to applicants. After finalising the IPO allotment status, the company processes refunds for unsuccessful bidders. The shares are transferred to the Demat accounts of the allottees. Then the stock gets listed on the NSE and BSE as per the scheduled listing date. The SME IPOs get listed on the respective BSE SME or NSE Emerge platforms. Investors can begin trading the shares after they are listed on the exchanges. The IPO’s transition from subscription to trading marks its integration into the broader financial market, offering investors opportunities to track its stock performance and plan future investments.

Frequently asked questions

When can I check the allotment status of a closed IPO?

The allotment status of closed IPOs can be checked on Upstox’s IPO webpage. Once the IPO subscription period ends, investors can access IPO share allotment details via the issue registrar’s website, stock exchanges, or online trading platforms like Upstox. The allotment status can also be checked through the Upstox app. Usually, IPO allotment is done a day after the issue closes for bidding.

Can I still invest in a closed IPO?

No, you cannot invest in a closed IPO. Once the IPO’s subscription window closes, you must wait for the shares to be listed on the stock exchanges to buy directly at the prevailing market price. The listing price may vary from the initial offer price, influenced by market conditions and several other factors. By examining IPO subscription details and the performance of past IPOs, investors can gain insights into closed IPOs, helping them strategise for upcoming investments.

What happens after an IPO closes?

After an IPO closes, the allotment process begins, and shares are distributed based on the subscription. Refunds for unsuccessful applications are initiated, and the company prepares for listing on stock exchanges. Investors can track IPO history and the performance of closed IPOs to evaluate trends and plan future investments. The listing price of the IPO may differ from the offer price due to market trends.

Can I still buy shares of a closed IPO?

You cannot buy shares in a closed IPO directly. However, once the IPO is listed on the stock exchanges, the shares become available for trading. These shares may trade at a premium or discount compared to the IPO price. You can buy shares directly through trading on the stock exchanges at the current market price of the shares. Unlike the maximum bidding limit in the IPO, you can buy any quantity of equity stocks of the closed IPOs.
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