India’s IPO market is gearing up for an action-packed 2025. With several promising companies planning to go public, investors are closely watching the IPO list and the grey market premium (GMP) trends. Whether you’re a seasoned investor or just starting out, keeping tabs on the Upcoming IPOs in India 2025 can give you a head start in making smart investment decisions.
In this article, we’ve curated a detailed overview of the top IPOs expected in 2025, their tentative launch dates, expected sizes, and what the grey market buzz is all about.
Why 2025 Is a Big Year for IPO Enthusiasts
The Indian stock market has witnessed renewed enthusiasm among retail and institutional investors alike. With India’s economy poised for steady growth and several startups maturing into profitable ventures, 2025 is likely to be a breakout year for IPOs.
Key reasons behind the IPO boom:
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Economic recovery post-pandemic
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Strong retail participation in markets
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Maturing unicorn startups ready to list
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Policy and regulatory reforms encouraging public listings
Tentative IPO Calendar for 2025
Here’s a glance at the Upcoming IPOs in India 2025 along with expected dates and estimated issue sizes.
| Company Name | Expected IPO Date | Issue Size (₹ Cr) | GMP Buzz |
|---|---|---|---|
| Ola Electric | Q1 2025 | ₹7,000 – ₹8,000 | ₹100+ (Estimated) |
| Swiggy | Q2 2025 | ₹5,500 – ₹6,000 | ₹70+ (Expected) |
| OYO Rooms | Q1/Q2 2025 | ₹8,500 | ₹90+ (Rumoured) |
| Mobikwik | Q1 2025 | ₹1,900 – ₹2,000 | ₹25 – ₹35 |
| Navi Technologies | Q2 2025 | ₹4,000 – ₹5,000 | Not available yet |
| FirstCry | Q1/Q2 2025 | ₹3,500 – ₹4,000 | ₹50 – ₹60 |
| PharmEasy | Mid 2025 | ₹6,200 (Tentative) | ₹30 – ₹40 |
| Go Digit Insurance | Mid 2025 | ₹2,500 – ₹3,000 | ₹40 – ₹50 |
Note: GMP (Grey Market Premium) figures are indicative and subject to change. Investors should do their own due diligence before making any decisions.
What Is GMP (Grey Market Premium) and Why It Matters
Before applying for an IPO, many investors look at the grey market premium to estimate the demand for the stock.
GMP is essentially the premium at which an IPO share is trading in the unofficial market before it gets listed on the stock exchange.
Why investors consider GMP:
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Acts as a sentiment indicator
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Reflects oversubscription trends
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Gives a rough estimate of listing gains
That said, GMP is unofficial and not regulated, so it shouldn’t be the only factor influencing your decision.
Tips for IPO Investors in 2025
To make the most out of the Upcoming IPOs in India 2025, consider these smart tips:
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✅ Always check the company’s financials and business model
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✅ Look beyond hype – don’t rely solely on GMP
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✅ Apply through multiple demat accounts if you’re eyeing allotment
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✅ Follow SEBI’s updates and check RHP (Red Herring Prospectus)
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✅ Diversify your investments – don’t put all funds in one IPO
Top Sectors Dominating the 2025 IPO List
Several key sectors are expected to dominate the IPO scene in 2025. Here’s a breakdown:
| Sector | Notable IPOs |
|---|---|
| Fintech | Mobikwik, Navi |
| Food Delivery | Swiggy |
| Hospitality | OYO Rooms |
| E-commerce/Parenting | FirstCry |
| Healthcare | PharmEasy |
| Electric Vehicles | Ola Electric |
| Insurance | Go Digit Insurance |
Final Thoughts
2025 is already buzzing with IPO excitement, and the IPO list keeps growing. From established tech unicorns to ambitious startups, the Upcoming IPOs in India 2025 offer a wealth of opportunities. Just remember — while the grey market premium can offer insights, it’s wise to analyze the fundamentals before investing.
FAQs
Q1. What is the grey market premium (GMP) in IPOs?
A: GMP is the premium at which IPO shares trade unofficially before listing. It reflects investor sentiment but is not a guaranteed indicator of listing performance.
Q2. How do I apply for IPOs in 2025?
A: You can apply via your broker’s platform or through ASBA (Application Supported by Blocked Amount) using your bank account and demat details.
Q3. Are IPOs a safe investment option?
A: IPOs carry risks like any equity investment. It’s important to analyze the company’s fundamentals, business model, and market trends before investing.
Q4. Which IPOs in 2025 are most anticipated?
A: IPOs from Ola Electric, Swiggy, OYO, and FirstCry are among the most awaited due to their brand value and market presence.
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Sachin is a dedicated writer specializing in education, career, and recruitment topics, delivering clear and actionable insights to empower readers.