The Indian stock market is buzzing with anticipation as several companies gear up to launch their initial public offerings in the coming weeks. If you’re looking to invest in high-potential listings, the upcoming IPOs in India June 2025 are worth watching closely. From industry giants like HDB Financial Services to emerging players in real estate, steel, and agri-tech, this month’s IPO lineup offers a diverse mix of opportunities for retail and institutional investors alike.
Whether you’re aiming for long-term growth or short-term listing gains, understanding the key details—price bands, issue sizes, and grey market trends—can give you the edge in this competitive investment window.
Why Investors Are Watching the Indian IPO Market
India’s IPO market is becoming active again in mid-2025. After a cautious 2024, more than a dozen companies are launching public offerings across sectors like NBFCs, real estate, infrastructure, agri-inputs, and industrial gases.
The IPO pipeline is buoyed by:
- Strong domestic demand
- Government-backed infrastructure spending
- Earnings growth in financial and industrial sectors
- Improving market sentiment post-election
Upcoming IPOs in India June 2025 (June 24–July 5, 2025)
Here are the most anticipated IPOs over the next two weeks
Company Name | IPO Dates | Price Band (₹) | Issue Size (₹ Cr) | Sector |
| HDB Financial Services | Jun 25–27 | 700–740 | 12,500 | NBFC (subsidiary of HDFC) |
| Kalpataru Projects International | Jun 24–26 | 387–414 | 1,590 | Real Estate / Infra |
| Ellenbarrie Industrial Gases | Jun 24–26 | 380–400 | 852.5 | Chemicals / Gases |
| Sambhv Steel Tubes | Jun 25–27 | 77–82 | ~540 | Industrial Manufacturing |
| Globe Civil Projects Ltd. | Jun 24–26 | 67–71 | 119 | Construction EPC |
| Shri Hare-Krishna Sponge Iron | Jun 24–26 | 56–59 | 29.9 | Steel / Sponge Iron |
Indogulf Cropsciences | Jun 26–30 | 105–111 | ~200 | Agri Inputs / Chemicals |
Featured IPO: HDB Financial Services
- Sector: NBFC
- Parent: HDFC Bank
- Issue Type: ₹2,500 Cr Fresh + ₹10,000 Cr OFS
- Valuation Estimate: ₹70,000–₹80,000 Cr
Why it matters: One of the largest IPOs of 2025, with strong demand from institutional investors. It’s HDFC’s long-awaited move to unlock NBFC value.
Check our complete guide to HDB Financial IPO
Market Sentiment & GMP (Grey Market Premium)
While official GMP data fluctuates daily, early demand shows:
- HDB Financial: ~₹85–100 GMP
- Kalpataru: ₹35–45 GMP
- Ellenbarrie: ₹50+ GMP (indicating high interest)
Retail subscriptions have seen oversubscription on Day 1 for Kalpataru and Ellenbarrie.
Tips for IPO Investors
- Review RHP (Red Herring Prospectus)
Understand the company’s business, promoters, and financials. - Check Valuation Multiples
Compare P/E, P/B, and ROE with listed peers. - Watch Subscription Trends
QIB and HNI demand is a key indicator of institutional interest. - GMP is Helpful—But Not Definitive
It shows early sentiment but shouldn’t be your only factor. - Apply Through ASBA or UPI Mandates
Use secure and SEBI-approved IPO bidding methods.
What’s Coming in July 2025?
Expected IPOs later in July:
- Go Digit (Insurance) – SEBI-approved, pending date
- Ola Electric (EV Manufacturing) – Awaiting DRHP approval
- FirstCry (E-commerce) – Could file DRHP by mid-July
NSDL (Depository) – Revived listing plans
Final Thoughts
India’s IPO scene is surging with momentum in June–July 2025. From the massive HDB Financial listing to promising SMEs, there’s something for every investor. Be selective, focus on fundamentals, and monitor market trends for smart bidding.
Would you like:
- A downloadable IPO calendar?
- A valuation breakdown for each listing?
- Alerts for allotment and listing dates?
Let me know, and I’ll prepare a custom resource for you!
Disclaimer
This blog post is intended solely for informational purposes and does not constitute financial or investment advice. While every effort has been made to ensure accuracy at the time of writing, IPO details such as dates, price bands, and market sentiment may change without notice. Investing in the stock market, including initial public offerings, involves risk and may not be suitable for all investors. Readers are strongly encouraged to perform their own due diligence and consult a licensed financial advisor or SEBI-registered expert before making any investment decisions. The content shared here reflects general market trends and should not be interpreted as a buy or sell recommendation for any specific security.
Siddharth Suryavanshi is a finance enthusiast with over 8 years of hands-on experience in the stock market. Having served as a sub-broker at Motilal Oswal for 2 years, he brings in-depth knowledge and practical insights from the heart of the industry. Siddharth specializes in both technical and fundamental analysis, offering a well-rounded perspective on market trends and investment strategies.