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An initial public offering (IPO) is the process of offering shares of a private corporation to the public in a new stock issuance. This allows a company to raise capital from public investors. Meanwhile, it also allows public investors to participate in the offering. The investor can apply for IPO Stocks in India by filling an online IPO application offered by the stockbrokers and banks. Brokers offer UPI-based online IPO applications and the banks offer both UPI as well as ASBA IPO applications.
IPOs/FPOs-Markets-Economic Times IPOs: Get all the latest news on recent & upcoming IPOs. Find IPO Subscription and allotment status, IPO Reviews on The Economic Times.
- Ahead of IPO, ArisInfra Solutions garners Rs 225 crore from anchor investorson June 17, 2025 at 4:55 PM
ArisInfra Solutions garnered Rs 225 crore from anchor investors ahead of its IPO launch, allocating shares to 15 funds at Rs 222 apiece. The nearly Rs 500-crore IPO, opening June 18, features a price band of Rs 210-Rs 222 per share. Proceeds will fund working capital, subsidiary investments, and debt repayment, with equity shares expected to list on June 25.
- Blackstone’s Knowledge Realty Trust raises Rs 1,400 cr in India’s maiden REIT pre-IPO roundon June 17, 2025 at 3:10 PM
Knowledge Realty Trust (KRT), backed by Blackstone and Sattva Developers, raised ₹1,400 crore in a landmark pre-IPO placement. This marks India’s first such REIT fundraising, with participation from HNIs and family offices ahead of its ₹6,200 crore IPO.
- Globe Civil Projects sets IPO price band at Rs 67-71/share; to raise 119 cron June 17, 2025 at 9:47 AM
Globe Civil Projects Ltd, a civil construction and infrastructure development company, on Tuesday said it has fixed the price band at Rs 67-71 per equity share for its forthcoming initial public offering (IPO).
- StarBigBloc Building gets shareholders’ nod for IPOon June 17, 2025 at 9:41 AM
StarBigBloc Building Material, a wholly-owned subsidiary of BigBloc Construction, on Tuesday said it has received shareholders’ approval to raise funds through an initial public offering.
- Blackstone-backed Knowledge Realty Trust plans Rs 4,800 crore IPOon June 17, 2025 at 8:06 AM
Knowledge Realty Trust, supported by Blackstone and Sattva Developers, is planning a 48 billion rupee IPO in July, potentially one of India’s largest REIT listings. The trust already raised 14 billion rupees in a pre-IPO allotment. The IPO proceeds will be used to repay debt and for general corporate purposes, further boosting India’s commercial real estate sector.
- Oswal Pumps IPO subscribed 34.4 times on final day; GMP climbs to Rs 72on June 17, 2025 at 5:19 AM
Oswal Pumps IPO: It includes a fresh issue of shares amounting to ₹890 crore and an offer for sale of 81 lakh shares by promoter Vivek Gupta. Prior to the public issue, the company raised ₹416 crore from anchor investors on June 12 by allotting 67.78 lakh shares at ₹614 each to prominent institutions such as Societe Generale, Smallcap World Fund, and ICICI Prudential.
- Eppeltone Engineers IPO opens today: All key details you need to know before subscribingon June 17, 2025 at 2:08 AM
Eppeltone Engineers, an Indian energy solutions provider since 1977, launches its Rs 43.96 crore IPO on NSE SME, opening Tuesday and closing Thursday, with shares priced at Rs 125-Rs 128. The IPO aims to raise capital for working funds, new machinery, and general corporate needs, following a 57% revenue increase and a 38% profit growth in FY25.
- Cordelia Cruises operator Waterways Leisure files DRHP to raise Rs 727 crore via IPOon June 16, 2025 at 10:37 AM
Waterways Leisure Tourism, operator of Cordelia Cruises, has filed its DRHP with SEBI to raise Rs 727 crore via an IPO consisting entirely of fresh shares. The company will use Rs 552.53 crore for lease-related payments to its step-down subsidiary and the rest for general corporate purposes. The IPO follows the book-building route with 75% reserved for QIBs.
- Monolithisch India GMP at 26% on final day of IPO subscription. Check all detailson June 16, 2025 at 6:37 AM
Monolithisch India is seeing strong investor interest on the final day of its IPO, with a grey market premium of 25.9% (Rs 37–39) and a total subscription of 17.7 times. Retail investors led the demand, followed by NIIs and QIBs. The issue has received over 7.25 crore bids against 41.03 lakh shares reserved for investors.
- Oswal Pumps IPO booked 1.1X on Day 2 so far; GMP climbs on retail interest. Should you subscribe?on June 16, 2025 at 6:24 AM
Oswal Pumps’ Rs 1,387 crore IPO saw full subscription on Monday. Retail and non-institutional investors drove demand. The IPO received bids for 1.75 crore shares. Grey market premium indicated a potential listing gain. The company raised Rs 416 crore from anchor investors. Oswal Pumps manufactures solar pumps and related products. Revenue and profit have shown robust growth.
- Samay Project Services IPO opens for subscription: Here’s what you need to knowon June 16, 2025 at 2:04 AM
Samay Project Services is launching its IPO on June 16, closing on June 18. The company aims to raise Rs 14.69 crore through a fresh issue of shares. The price is fixed between Rs 32 and Rs 34 per share. The IPO proceeds will fund working capital and general corporate needs.
- Patil Automation IPO opens today: Check price band, GMP and other detailson June 16, 2025 at 2:01 AM
Patil Automation Limited’s Rs 69.61 crore IPO is set to open on June 16, 2025, offering 58.01 lakh fresh shares at Rs 114-120 per share. The Pune-based industrial automation firm intends to use the IPO proceeds for a new manufacturing facility, debt repayment, and general corporate purposes.
- Hero FinCorp garners Rs 260 cr from investors in pre-IPO roundon June 15, 2025 at 4:56 AM
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has raised Rs 260 crore in a pre-IPO placement round.
- ArisInfra Solutions sets price band for Rs 500 crore IPO, GMP signals 18% listing popon June 13, 2025 at 6:47 AM
ArisInfra Solutions will launch its Rs 500 crore IPO from June 18–20, priced at Rs 210–222 per share. Backed by PharmEasy’s co-founder, the tech-driven B2B platform aims to use proceeds for working capital, tech upgrades, and expansion. Strong GMP indicates robust investor interest ahead of the June 25 listing.
- Rayzon Solar to file draft papers for Rs 1,500-cr IPOon June 13, 2025 at 6:40 AM
Rayzon Solar, a solar panel manufacturer, plans to file papers with Sebi for its IPO. The IPO is worth approximately Rs 1,500 crore. The Surat-based company has hired investment banks to manage the public offering. The company aims to use the funds for expansion. Rayzon Solar is entering the market during a growth phase for domestic solar manufacturing.
- Oswal Pumps IPO subscribed 42% on Day 1. Check GMP, price band, and other key detailson June 13, 2025 at 5:43 AM
Oswal Pumps IPO: As of 2:33 AM, Oswal Pumps’ IPO had received bids for 48,72,168 shares against the 1,62,12,980 shares on offer. The highest demand so far has come from non-institutional investors (NIIs), who subscribed to 50% of their allotted portion. Retail investors subscribed 34%, whereas qualified institutional buyers (QIBs) subscribed 8%.
- Fidelity marks up IPO-bound Lenskart’s valuation to $6.1 billionon June 13, 2025 at 5:34 AM
Fidelity has increased Lenskart’s valuation to $6.1 billion, a 21% rise from its previous $5 billion valuation. The omnichannel eyewear retailer is preparing for a potential $1 billion IPO at a $10 billion valuation. Lenskart’s FY24 net loss decreased significantly, while operating revenue and EBITDA saw substantial growth, highlighting its strong financial performance.
- Aten Papers and Foam IPO opens for subscription today. Check detailson June 13, 2025 at 2:15 AM
Aten Papers and Foam’s IPO, featuring a fresh equity sale of 33 lakh shares, opened on June 13, aiming to raise Rs 31.68 crore. With a price band of Rs 91-96 per share, the IPO proceeds will fund capital expenditure, working capital, and general corporate needs. The company, a paper supply chain intermediary, saw revenue rise 43% to Rs 138.
- Oswal Pumps’ Rs 1,387 crore IPO opens for subscription. Should you bid?on June 13, 2025 at 2:11 AM
Oswal Pumps launched its IPO on June 13, closing on June 17. The IPO price is Rs 584–614 per share. The company aims to raise funds through fresh shares and an offer for sale. Oswal Pumps already secured Rs 416 crore from anchor investors. The company manufactures solar pumps and related products.
- Oswal Pumps plans Rs 890 crore IPO to repay debt, expand capital expenditureon June 13, 2025 at 12:17 AM
Oswal Pumps is launching an IPO to raise funds for debt repayment and capital expenditure, while promoter stake will decrease. The company’s revenue has grown, largely driven by government contracts under the PM-Kusum Scheme. However, increased collection time and working capital needs, along with reliance on a single scheme, suggest investors should monitor performance post-listing despite attractive valuation.
Important Terms Related to IPO
Price Band
It is generally the lowest for retail investors (i.e. private individuals). If the price band has been fixed at Rs.50-55 per share, you cannot bid below Rs. 50 or above Rs. 55. It is the price range within which investors can bid for IPO shares. It is set jointly by the company and the underwriter and is different for each investor category, viz. qualified institutional buyers (QIBs), retail investors, and high net-worth individuals (HNIs).
Book Building Process
The process of deciding the issue price for an IPO based on the prices bid by investors. The issue price will be closer to the upper end of the price band if investors have shown strong interest in the IPO and bid high. Otherwise, it will be closer to the lower end of the band.
Offer Date
This is the first date when you can apply for shares in an IPO. It is also known as the opening date of an IPO.
Lot size
The minimum number of shares you can bid for in an IPO. If you want to bid for more shares, it has to be in multiples of the lots size. For example, if the lot size for an IPO is 1500 shares, you have to bid for at least these many. If you want to bid for more, it should be in multiples of 1500, such as 3000 and 4,500.
Minimum Subscription
This is the minimum percentage of IPO shares that retail investors need to subscribe to for an IPO to go through. At present, the minimum subscription is 90%. The company has to refund the entire subscription amount if this 90% threshold is not met.
Floor Price
The minimum price per share that you can bid when applying for an IPO is called the Floor Price. In case of IPOs with a price band, this is the lower limit of the price band.
Issue Price
The price at which shares are allotted to investors once the book building process is over. The issue price is different for each investor category and is generally the lowest for retail investors. It is also called offer price at times.
Cut-off Price
This is the lowest issue price at which shares are allotted in an IPO. It is generally reserved for retail investors. If your bidding price is higher than the cut-off price, the difference will be refunded to you.
Oversubscribed
An IPO is oversubscribed if investors have bid for more shares than offered by the company.
Oversubscription
The excess subscription amount received by the company in case of an oversubscribed IPO is called oversubscription.
Underwriter
An investment bank works closely with the issuing company to manage the IPO. They’re called underwriters. Among their many jobs are deciding the offer price, marketing the IPO, and distributing the shares to investors. The underwriter receives an underwriting fee in return for its services.
Listing Date
This is the date on which IPO shares start trading on the stock exchange. You can sell the shares you received in the IPO and buy the company’s shares if you don’t receive them in the IPO.
The Bottomline
IPO can appear to be a very complicated process first up. But that is only because of its many technicalities. It is quite simple to understand once you are aware of some key IPO terms. This IPO glossary will help you master these terms and make the most out of IPOs.
