Upcoming IPOs to watch in 2025

16 December 2024

Gear up for 2025 – a year ahead set to redefine the IPO landscape with some of the most anticipated listings like Reliance Jio, Hexaware Technologies, HDB Financial Services, Studds Accessories and more, hoping unparalleled opportunities for investors. 

The IPO market is experiencing growth, and 2025 is set to capitalize on the momentum from recent years. As per the data from Prime Database indicates that in 2024, 75 Indian firms successfully raised more than ₹1.5 lakh crore via mainboard IPOs. This marks a substantial increase from the ₹49,435 crore obtained through 57 IPOs in 2023 and ₹59,301 crore from 40 IPOs in 2022. These figures emphasize the rising interest of investors in new IPOs and the heightened assurance of companies entering public markets.

Anticipating the future, 2025 is likely to witness significant IPOs, especially in industries such as industrials, capital goods, and renewable energy, which are central to India’s economic evolution. These sectors have contributed in propelling the country's growth and present the increasing appetite among investors for upcoming new listings, making the year ahead brimming with excitement.

• The major highlight in 2024 was Hyundai Motor India Ltd. It came with an unprecedented IPO, which raised ₹27,870 crore and became the largest IPO in the history of India's capital market. Despite being listed at a minor discount of 1.33%, it garnered a subscription rate of 2.37x, indicating robust investor interest. Additional significant IPOs featured Swiggy, NTPC Green Energy, and Bajaj Housing Finance, all attracting market interest with their strong business frameworks and growth possibilities.
  
  
• As investors are prepared for 2025, attention will turn to forthcoming prominent IPOs such as Reliance Jio, Hexaware Technologies, HDB Financial Services, among others. These listings are anticipated to not only generate significant capital but also transform the investment environment, presenting exceptional opportunities for investors looking to connect with India’s growth narrative.