Upcoming IPOs in June 2025: A Market to Watch
As we approach June 2025, the Indian stock market is poised for a significant shake-up with several Initial Public Offerings (IPOs) on the horizon. Notably, Avanse Financial Services and JSW Cement are among the major players expected to launch their IPOs, with anticipated amounts of ₹3,500 crores and ₹4,000 crores, respectively. While the exact price bands and issue sizes for these IPOs are yet to be announced, market analysts are keenly observing these developments, especially given the recent fluctuations in market sentiment.
Market Sentiment and IPO Landscape
The current market sentiment has been less than satisfactory, leading to a cautious approach from many companies regarding their IPO launches. Several IPOs, including both Small and Medium Enterprises (SMEs) and mainline offerings, have faced delays or have not listed as expected. However, June 2025 is shaping up to be a pivotal month, with a variety of IPOs set to open, providing investors with fresh opportunities.
Key Upcoming IPOs
Here’s a closer look at some of the notable IPOs scheduled for June 2025:
3B Films IPO
- Opening Date: May 30, 2025
- Closing Date: June 3, 2025
- Price Band: ₹50 per share
- Issue Size: ₹33.75 crores (Fresh issue: ₹17.76 crores; Offer for Sale: 31,98,000 equity shares)
3B Films Private Limited aims to revolutionize the CPP films industry through advanced technology, focusing on high-quality Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films.
Ganga Bath Fittings IPO
- Opening Date: June 4, 2025
- Closing Date: June 6, 2025
- Issue Size: ₹32.65 crores (Fresh issue)
Established in 2018, Ganga Bath Fittings Limited is a leading manufacturer and exporter of bathroom accessories, including taps, showers, and sanitary ware.
NSDL IPO
- Issue Type: Entirely Offer for Sale (OFS)
- Shares Offered: 5.01 crore shares
NSDL, one of the largest depositories globally, is set to offload shares through this IPO, further solidifying its position in the Indian capital market.
Sri Lotus Developers & Realty IPO
- Status: Date yet to be announced
Focusing on residential and commercial projects, Sri Lotus Developers aims to raise funds for project development and general corporate purposes.
Travel Food Services IPO
- Estimated Issue Size: ₹2,000 crores
- Type: No fresh issue; funds will be raised through selling shareholders
As a leading operator of food and beverage outlets at airports, this IPO is expected to attract significant interest.
Indogulf Cropsciences IPO
- Issue Size: Fresh issue of ₹200 crores and Offer for Sale of 38,54,840 equity shares
Indogulf Cropsciences specializes in agrochemicals and crop protection products, making it a key player in the agricultural sector.
Laxmi India Finance IPO
- Issue Size: Fresh issue of 1,04,53,575 shares and Offer for Sale of 56,38,620 shares
This non-banking financial company (NBFC) focuses on vehicle and SME loans, aiming to strengthen its lending portfolio.
Victory Electric Vehicles IPO
- Price Range: ₹72 per share
- Issue Size: Fresh issue of ₹40.66 crores
Victory Electric Vehicles specializes in the design and production of electric vehicles, aligning with the growing trend towards sustainable transportation.
Aten Papers and Foam IPO
- Price Band: ₹91-96 per share
- Status: Opening and closing dates yet to be announced
This company plays a crucial role in the paper product supply chain, catering to the packaging industry.
Tata Capital IPO
Tata Capital, a major player in the Tata Group, has announced an IPO to bolster its capital, reflecting the group’s robust financial health.
Avanse Financial Services IPO
- Expected Size: ₹3,500 crores (Fresh issue: ₹1,000 crores; OFS: ₹2,500 crores)
- Face Value: ₹5 each
This IPO is set to be listed on both the BSE and NSE, with a retail quota of 35%, QIB of 50%, and HNI of 15%.
Rosmerta Digital Services IPO
- Issue Size: ₹206.33 crores (Entirely fresh issue)
- Price Band: ₹140 to ₹147 per share
This IPO aims to enhance digital services, with a focus on retail and institutional investors.
Solar91 Cleantech IPO
- Issue Size: ₹106 crores (Fresh issue)
- Price Band: ₹185 to ₹195 per share
Solar91 Cleantech is committed to facilitating solar transitions, offering engineering and procurement services for solar projects.
Vikram Solar IPO
- Expected Size: Fresh issue of ₹1,500 crores and Offer for Sale of up to 17,450,882 equity shares
Vikram Solar is a leading player in the solar energy sector, aiming to expand its market presence.
JSW Cement IPO
- Expected Size: ₹4,000 crores (Fully fresh issue)
JSW Cement aims to enhance its financial standing through this IPO, with a significant portion reserved for retail and institutional investors.
BoAt IPO
- Expected Size: ₹2,000 to ₹2,500 crores
BoAt, known for its consumer electronics, is preparing to submit its draft papers to SEBI, marking a significant step towards its IPO.
Vikran Engineering IPO
- Expected Size: ₹1,000 crores (Fresh issue: ₹900 crores; OFS: ₹100 crores)
This engineering firm is expanding into the solar EPC industry, showcasing its versatility.
Solarworld Energy IPO
- Expected Size: Up to ₹600 crores (Fresh issue: ₹550 crores; OFS: ₹50 crores)
Solarworld Energy specializes in solar energy solutions, aiming to capitalize on the growing demand for renewable energy.
Arisinfra Solutions IPO
- Expected Size: ₹600 crores (Fresh issue)
This company is focused on simplifying the procurement of construction materials through digital tools.
Paras Healthcare IPO
- Expected Size: ₹400 crores (OFS of 1.50 crore shares)
With a network of hospitals across North India, Paras Healthcare is poised for growth in the healthcare sector.
Arohan Financial IPO
- Expected Size: Approximately ₹1,750 crores
This microfinance company targets underserved regions in India, aiming to enhance financial inclusion.
SMPP IPO
- Expected Size: ₹4,000 crores
SMPP Limited specializes in defense equipment, making it a unique offering in the upcoming IPO landscape.
Oswal Pumps IPO
- Expected Size: ₹1,000 crores (Fresh issue and OFS)
Oswal Pumps has established itself as a leading manufacturer in India’s pump sector, catering to various industrial needs.
Conclusion
June 2025 promises to be an exciting month for investors, with a diverse range of IPOs set to hit the market. As companies like Avanse Financial Services and JSW Cement prepare to launch, market participants are advised to stay informed and consider their investment strategies carefully. With the potential for significant returns, these upcoming IPOs could reshape the investment landscape in India.