Closed IPOs in 2025

Closed IPOs in 2025
Get insights into IPOs that recently closed for subscription.
sme
+91
ipo logo

101.23x

subscribed

Allotment Date08 Dec 2025
Demat Transfer09 Dec 2025
Listing Date10 Dec 2025
Allotment Date08 Dec 2025
Demat Transfer09 Dec 2025
Listing Date10 Dec 2025
ipo logo

26.35x

subscribed

Allotment Date08 Dec 2025
Demat Transfer09 Dec 2025
Listing Date10 Dec 2025
ipo logo

23.33x

subscribed

Allotment Date08 Dec 2025
Demat Transfer09 Dec 2025
Listing Date10 Dec 2025
Allotment Date05 Dec 2025
Demat Transfer08 Dec 2025
Listing Date09 Dec 2025
Allotment Date05 Dec 2025
Demat Transfer08 Dec 2025
Listing Date09 Dec 2025
Allotment Date04 Dec 2025
Demat Transfer05 Dec 2025
Listing Date08 Dec 2025
Allotment Date04 Dec 2025
Demat Transfer05 Dec 2025
Listing Date08 Dec 2025
Allotment Date04 Dec 2025
Demat Transfer05 Dec 2025
Listing Date08 Dec 2025
Allotment Date04 Dec 2025
Demat Transfer05 Dec 2025
Listing Date08 Dec 2025
ipo logo

434.79x

subscribed

Allotment Date04 Dec 2025
Demat Transfer05 Dec 2025
Listing Date08 Dec 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

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Upcoming IPOs: Listings that are scheduled for next week include Meesho, Aequs, Vidya Wires, Astron Multigrain, Invicta Diagnostic, Speb Adhesives, Ravelcare, Clear Secured, Helloji Holidays, Neochem Bio, Shri Kanha Stainless, Luxury Time, Western Overseas Study Abroad, Flywings Simulator Training and ScaleSauce.

4 min read

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Park Medi World IPO consists of a fresh issuance of equity shares worth ₹770 crore and an offer for sale (OFS) of ₹150 crore by promoter Ajit Gupta.

3 min read

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Aequs IPO: The initial share sale is raising ₹921.81 crore by offering new shares worth ₹670 crore and an offer for sale (OFS) of 2.03 crore shares aggregating to ₹251.81 crore by promoters and existing investors.

3 min read

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Vidya Wires IPO: The ₹300.01 crore book-build issue consists of a fresh issuance of ₹274 crore and an offer for sale (OFS) component of ₹26.01 crore.

3 min read

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Meesho IPO: The ₹5,421.20 crore initial share sale includes a fresh issue of shares aggregating to ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares worth ₹1,171.20 crore.

3 min read

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Ravelcare IPO allotment status finalised: The initial share sale sought to raise ₹24.10 crore by offering 18,54,000 new equity shares. There is no offer for sale component.

3 min read

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Aequs IPO: The ₹920.81 issue, with a price band of ₹118 to ₹124 per share, has a fresh issue of shares worth ₹670 crore, along with an offer for sale (OFS) of ₹251.81 crore by promoters and existing investors.

3 min read

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Meesho IPO has a fresh issue of shares worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares aggregating to ₹1,171.20 crore at the upper band. The total issue size is ₹5,421.20 crore.

3 min read

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Vidya Wires IPO: The initial share sale has a fresh issue of shares worth ₹274 crore, along with an offer for sale (OFS) of 50.01 lakh shares aggregating to ₹26 crore.

3 min read

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2025 saw 93 mainboard IPOs, more than the 76 seen in 2024. They raised ₹1.54 lakh crore in total, slightly surpassing the ₹1.53 lakh crore raised by mainboard IPOs last year. But barring a few exceptions like Groww and PhysicsWallah, 2025 IPOs witnessed lacklustre listing gains. Further, overall subscription numbers were also lower in 2025 as compared to 2024.

3 min read

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Nephrocare Health IPO: The Hyderabad-based company's initial share sale seeks to raise ₹871.05 crore by offering new equity shares worth ₹353.40 crore and an offer for sale of ₹517.64 crore.

2 min read

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Meesho IPO: The ₹5,421.20 crore initial share sale is a fresh issuance of 38.29 crore shares worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares totalling ₹1,171.20 crore by investors.

3 min read

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The Ravelcare IPO saw robust demand from investors on the final day. The IPO has been subscribed over 200 times on Day 3 till 1:00 pm. Ravelcare Limited offers a range of haircare, skincare and bodycare products.

3 min read

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Exato Technologies IPO allotment: The ₹37.45 crore initial share sale was a fresh issue of equity shares aggregating to ₹31.85 crore and an offer for sale (OFS) of ₹5.60 crore by promoter Appuorv K Sinha.

3 min read

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Vidya Wires IPO Day 1: The ₹300.01 crore initial share sale comprises a fresh issuance of shares worth ₹274 crore, along with an offer for sale (OFS) of 50.01 lakh shares aggregating to ₹26.01 crore by promoters Shyamsundar Rathi and Shailesh Rathi.

3 min read

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Aequs IPO: The ₹921.81 crore IPO consists of a fresh issuance of shares valued at ₹670 crore and an offer for sale (OFS) of ₹251.81 crore.

3 min read

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Nephrocare Health IPO: The initial share sale is a fresh issuance of ₹353.41 crore and an offer for sale of 11,253,102 shares, according to the red herring prospectus.

2 min read

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Meesho IPO is set to open for subscription on December 3. The e-commerce platform has a distinctive business model compared to its rival Flipkart and Amazon, which has helped the company scale its user base and gain market share in the competitive e-commerce industry. This article explores the different e-commerce business models and key insights on Meesho ahead of the IPO.

6 min read

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Corona Remedies IPO: The initial share sale is solely an offer for sale (OFS) of equity shares aggregating to ₹655.37 crore. There is no fresh issue component.

2 min read

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The highly anticipated Meesho IPO is set to open for subscription on December 3. The platform has seen exponential growth in the last few years as India’s online retail market space matures. Meesho competes with online and offline retail players. Among listed companies, FSN E-Commerce Ventures (Nykaa) and Brainbees Solutions (FirstCry) are its closest competitors.

6 min read

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The company said that 75% of the issue size has been reserved for qualified institutional buyers, 15% for non-institutional investors and the remaining 10% for retail investors

3 min read

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The basis of allotments of Helloji Holidays and Neochem Bio IPOs will be finalised on December 5, while listing will occur on December 9.

2 min read

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Upcoming IPOs: In the ICICI Prudential AMC case, its proposed IPO comprises an offer for sale (OFS) of 1.76 crore equity shares by promoter -- UK-based Prudential Corporation Holdings, with no fresh issue component, according to the draft red herring prospectus (DRHP).

4 min read

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Upcoming IPO: Financially, MV Electrosystems' net profit stood at ₹1.4 crore in FY25, and revenue from operations was at ₹62.64 crore during the period.

2 min read

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Aequs IPO opens for subscription on December 3 with a price band of ₹118 to ₹124 per share and a lot size of 120 shares. Aequs IPO's high grey market premium signals strong demand for the IPO. Check Aequs IPO financials and objectives before applying for the issue.

6 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.
Other IPO Links
  1. Closed IPOs