In July 2025, there will be a lot of IPOs in India and around the world. There is a lot of action coming up, from big banks to small businesses that want to grow. This guide goes over the most important IPOs, what to look for in terms of subscription windows, valuation bands, risks, and how to apply smartly, whether you’re just getting started or already managing a long-term portfolio.
Table of Contents
Big-ticket Mainboard IPOs 🚀
HDB Financial Services
- Opens: June 25–27; listing July 2, 2025
- Size: ₹12,500 Cr (₹2,500 Cr fresh + ₹10,000 Cr OFS)
- Price Band: ₹700–740/share indiatimes.com
- Focus: Tier‑1 and rural NBFC lending; strong digital reach
NSDL (National Securities Depository Ltd)
- Tentative IPO in July 2025, via OFS only
- Size: ~₹3,300 Cr
- Key: Institutional and retail interest expected; strategic depository role
Crizac Ltd
- Opens: July 2–4; bid lot: 61 shares
- Price Band: ₹233–245/share
SME & Small-Cap Opportunities 🏢
Several SMEs are launching IPOs between June 30–July 2, with listings scheduled in early July:
| Company | Issue Size (₹ Cr) | Price Band (₹) | Open–Close | Listing Date |
|---|---|---|---|---|
| Silky Overseas Ltd | 30.68 | 153–161 | Jun 30–Jul 2 | Jul 7 (BSE SME) |
| Marc Loire Fashions Ltd | 21.00 | 100 | Jun 30–Jul 2 | Jul 7 (BSE SME) |
| Cedaar Textiles Ltd | 60.9 | 130–140 | Jun 30–Jul 2 | Jul 7 (NSE SME) |
| Vandan Foods Ltd | 30.36 | 115 | Jun 30–Jul 2 | Jul 7 (BSE SME) |
| Pushpa Jewellers Ltd | 98.65 | 143–147 | Jun 30–Jul 2 | Jul 7 (NSE SME) |
IPO Calendar & Key Dates 🗓️
- June 25–27: HDB Financial Services
- June 26–30: PRO FX Tech, Valencia, Ace Alpha, Moving Media, Indogulf, Marc Loire, etc.
- June 30–Jul 2: Cedaar Textiles, Vandan Foods, Silky, etc.
- Jul 2–4: Crizac Ltd
- July (tentative): NSDL, Travel Food Services, JSW Cement, Hero FinCorp, Kalpataru
How to Apply & Subscription Tips ✅
- Use ASBA via banks or brokers—Zerodha, Groww, Angel One, etc.
- Understand lot sizes (e.g., Crizac = 61 shares minimum).
- Check the grey market premium (GMP)—not official, but sentiment-indicative
- Prioritize fundamentals—especially for SMEs—evaluate recent revenues, EBITDA, and SEBI rules
| Free Demat Account Links: |
| 1. Click here to open a free demat account in Dhan |
| 2. Click here to open a free demat account in Angel One |
| 3. Click here to open a free demat account in Upstox |
Risks to Watch ⚠️
- SME IPOs are higher risk: limited track record, low liquidity
- Mainboard NBFCs (e.g., HDB) are subject to macroeconomic trends
- GMPs are volatile—avoid over-reliance
Expert Takeaways
- Diversify across tiers: mix large NBFCs with SMEs
- Track grey market premiums for pricing clues
- Check regulatory compliance, especially for SME issuers
- **Timely exits or hold models depending on allotment and listing performance
Conclusion
July 2025 will be a defining month in India’s IPO landscape, with high-profile offerings like HDB Financial and NSDL, alongside nimble SME opportunities. Whether you’re launching a diversified investment strategy or scouting short-term listings, weighing fundamentals, subscription strategies, and risk is critical. Use this guide as a roadmap—and invest smartly!
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.
FAQs
1. What’s the difference between mainboard and SME IPOs?
Mainboard IPOs are big companies that are listed on the BSE or NSE and have stricter rules. SME IPOs are smaller companies that are listed on platforms like BSE SME or Emerge, and they usually have higher risks and lower liquidity.
2. How do I check grey market premium (GMP)?
You can go to financial websites like Chittorgarh or follow stock-market Telegram channels. Keep in mind that GMP is not official and should not be the only thing you use to make decisions.
3. Can I apply for multiple IPOs?
es, especially if you spread them out over different sectors. Just make sure your demat account has enough money and a margin buffer.