Upcoming Mainboard IPOs 2025: 2025 Listings

Upcoming Mainboard IPOs in 2025

Get details about upcoming Mainboard IPOs and dates.

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All Open Upcoming Closed Listed

Dates yet to be announced

Fractal Analytics IPO

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Clean Max Enviro Energy Solutions IPO

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Park Medi World LimitedHospital & Healthcare Services

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Prestige Hospitality Ventures IPOHotel

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Credila Financial Services IPOFinance - NBFC

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Name	Status
Clean Max Enviro Energy Solutions IPOMainboard	---	---
Credila Financial Services IPOMainboard, Finance - NBFC	---	---
Fractal Analytics IPOMainboard	---	---
Park Medi World LimitedMainboard, Hospital & Healthcare Services	---	---
Prestige Hospitality Ventures IPOMainboard, Hotel	---	---

View all

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 the key mainboard IPOs open for subscription?

A mainboard IPO refers to the maiden share sale by a privately held company and the listing of the stock on the BSE and NSE.Mainboard IPOs expected to open next are: Fractal Analytics IPO, Clean Max Enviro Energy Solutions IPO, Park Medi World Limited, Prestige Hospitality Ventures IPO, Credila Financial Services IPO

Who is eligible to invest in mainboard IPOs?

To invest in mainboard IPOs, the investors can participate in bidding under different categories as defined by the market regulator the Securities & Exchange Board of India (SEBI). The IPO investor categories include retail individual investors, Non-Institutional Investors (NIIs), Qualified Institutional Buyers (QIBs) and eligible employees. Before the IPO launch, the company also raises funds from anchor investors by allocating a portion of the total offer size. The retail investors and employees must have a Demat account, linked to their bank accounts, to apply for the IPO. Additionally, a valid PAN is required for IPO investments. Investors can apply for IPO shares through online trading platforms like the Upstox app.

Frequently asked questions

What is the maximum lot size one can bid for in a mainboard IPO?

The maximum lot size for a mainboard IPO depends on the company’s allocation of shares for different categories. The company fixes the minimum and maximum lot size for each category. The investors can bid for a minimum of one lot of shares in their respective categories. A lot size comprises a fixed number of shares and the investors can apply for the maximum lot size set for the respective category.

How are the DRHP (Draft Red Herring Prospectus) and RHP (Red Herring Prospectus) distinct in mainboard IPOs?

The DRHP and RHP differ primarily in their purpose and content in mainboard IPOs. The DRHP is a preliminary document filed with SEBI, offering insights into the company’s objectives, financial goals and potential risks. It serves as a tool for investors to analyse upcoming mainboard IPOs before final pricing and issue details are finalised. The RHP, on the other hand, is a finalised document published after SEBI’s approval. It includes key details like the number of shares offered, the company’s financials and how funds will be used, among others.

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!