IPOs Next Week: 12 Companies To Raise Rs 15,800 Crore Via Public Offers, Check Details
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The primary market will be busy starting June 23, with 12 IPOs worth Rs 15,800 crore, including HDB Financial Services, Kalpataru Projects, and Ellenbarrie Industrial Gases.
After a five-six month hiatus, the primary market is gearing up for an exceptionally active week starting June 23, with 12 IPOs worth Rs 15,800 crore lined up, including five from the mainboard segment. The upbeat mood in equity markets — despite short-term global concerns — continues to fuel investor confidence.
'Market sentiment remains broadly constructive, driven by improving macroeconomic indicators, favourable liquidity conditions, and increasing participation from both institutional and retail investors," Bajaj Broking Research said in its note.
IPOs to Launch Next Week
HDB Financial Services IPO (Mainboard)
A subsidiary of HDFC Bank, HDB Financial is launching the largest IPO of 2025 at Rs 12,500 crore. The issue will be open from June 25 to June 27, with a price band of Rs 700-740 per share. Its GMP currently stands at 12.30%.
Kalpataru Projects International IPO (Mainboard)
Mumbai-based real estate player Kalpataru Projects is launching a Rs 1,590-crore IPO from June 24 to June 26. The price band has been fixed at Rs 387-414 per share. Its GMP currently stands at 2.66%.
Sambhv Steel Tubes, a maker of ERW steel pipes and tubes, will open its IPO on June 25. The price band is set at Rs 77-82 per share. Its GMP currently stands at 13.41%.
Ellenbarrie, which provides industrial and medical gases, is set to raise Rs 852.53 crore. The IPO opens on June 24 and closes on June 26, with a price band of Rs 380-400 per share. The GMP currently stands at zero.
Globe Civil Projects IPO (Mainboard)
This New Delhi-based EPC company will launch a Rs 119-crore IPO between June 24 and June 26. The price band is Rs 67-71 per share. Its GMP currently stands at 18.31%.
AJC Jewel Manufacturers IPO (SME)
The IPO of this jewelry manufacturer is worth Rs 14.59 crore and will run from June 23 to June 26, with a price band of Rs 90-95 per share. Its GMP currently stands at 9.47%.
Shri Hare-Krishna Sponge Iron IPO (SME)
Scheduled to open on June 24 and close on June 26, this IPO is one of three SME listings on the same day. Its IPO currently stands at zero.
Icon Facilitators IPO (SME)
Also launching on June 24 with the same closing date, June 26, Icon Facilitators is part of the three-SME batch aiming to raise Rs 61.35 crore collectively. Its GMP currently stands at 4.40%.
Abram Food IPO (SME)
The third SME IPO opening on June 24 alongside Shri Hare-Krishna and Icon Facilitators, part of the collective Rs 61.35-crore raise. Its GMP currently stands at zero.
Suntech Infra Solutions IPO (SME)
This Rs 42.16-crore IPO will open on June 25 for three days. The price band has been fixed in the range of Rs 81 to Rs 86 per share. Its GMP currently stands at 24.42%.
Ace Alpha Tech IPO (SME)
The tech company's Rs 47.15-crore IPO is scheduled to open on June 26. Its price band has been fixed in the range of Rs 101 to Rs 107 per share. The GMP currently stands at zero.
PRO FX Tech IPO (SME)
PRO FX Tech, which plans to raise Rs 38.21 crore via public issue, is opening its three-day IPO on June 26. Its price band has been fixed at Rs 82 to Rs 87 per share. According to market observers, its GMP currently stands at zero.
Ongoing SME IPOs (Till June 24)
The following SME IPOs will remain open until June 24, having started on June 20:
Arisinfra Solutions IPO (Mainboard)
After being subscribed 2.65 times, Arisinfra will make its stock market debut on the mainboard on June 23. Its GMP currently stands at zero, indicating flat or negative listing gains.
Samay Project Services IPO (SME)
It is scheduled to list on the NSE Emerge on June 23. Its GMP currently also stands at zero, indicating flat or negative listing gains.
Patil Automation IPO (SME)
It will make its stock market debut on June 23 on the NSE Emerge. Its GMP currently stands at 16.67%, indicating decent listing gains.
Eppeltone Engineers IPO (SME)
The electronic meters maker will be listed on June 24. Its current GMP stands at 54.69%, signalling strong listing gains.
Influx Healthtech IPO (SME)
It is set to list on June 25. Its latest GMP stands at 22.92%, indicating decent listing gains.
Mayasheel Ventures IPO (SME)
Its shares will begin trading on the exchanges on June 27. It GMP stands at 10.64%.
Safe Enterprises Retail Fixtures IPO (SME)
Safe Enterprises Retail Fixtures Ltd will also make its debut on June 27. Its GMP stands at 17.39%.
Aakaar Medical Technologies IPO (SME)
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Completing the week's SME listings, Aakaar will list on June 27. Its GMP currently stands at zero.
It is important to note that the GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
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Mohammad Haris
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initial public offering (IPO) IPO
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New Delhi, India, India
First Published:
June 21, 2025, 10:39 IST
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