IPO Approval Status: List of Companies With SEBI IPO Approvals
India’s capital market regulator SEBI has been doing a fine job of sifting through the extensive paperwork filed by IPO candidates without taking too much time. Thus, the IPO pipeline remains robust as more upcoming IPO in India are added by the regulator fairly regularly. After getting SEBI IPO approval, a company can launch its public issue anytime in the next 12 months. Here is the list of companies with SEBI approval for IPOs and this also acts as an IPO prospectus list.
SEBI IPO Status: Companies With SEBI IPO Approval
Issuer Company | Lead Manager | Issue Type | Prospectus Filing Date | SEBI Approval Date | DRHP Link |
Asirvad Micro Finance | JM Financial | Fresh | 10/5/2023 | 4/22/2024 | DRHP |
Gold Plus Glass | IIFL Securities | Fresh+OFS | 2/12/2024 | 6/29/2024 | DRHP |
Patel Retail | Fedex Securities | Fresh+OFS | 4/3/2024 | 8/21/2024 | DRHP |
Belstar Microfinance | ICICI Securities | Fresh+OFS | 5/6/2024 | 8/30/2024 | DRHP |
SK Finance | Kotak Mahindra | Fresh+OFS | 5/13/2024 | 8/30/2024 | DRHP |
Shivalik Engineering | Axis Capital | Fresh+OFS | 7/1/2024 | 9/13/2024 | DRHP |
NSDL | ICICI Securities | OFS | 7/10/2023 | 9/30/2024 | DRHP |
Paras Healthcare | IIFL Securities | Fresh+OFS | 8/2/2024 | 10/18/2024 | DRHP |
Avanse Financial Services | Kotak Mahindra | Fresh+OFS | 7/31/2024 | 10/23/2024 | DRHP |
Rubicon Research | Axis Capital | Fresh+OFS | 8/5/2024 | 10/31/2024 | DRHP |
Metalman Auto | Axis Capital | Fresh+OFS | 8/14/2024 | 10/31/2024 | DRHP |
ArisInfra Solutions | JM Financial | Fresh | 8/14/2024 | 11/13/2024 | DRHP |
Kalpataru Limited | ICICI Securities | Fresh | 8/22/2024 | 11/22/2024 | DRHP |
TruAlt Bioenergy | DAM Capital | Fresh+OFS | 8/20/2024 | 11/27/2024 | DRHP |
Smartworks Coworking | JM Financial | Fresh+OFS | 8/19/2024 | 11/28/2024 | DRHP |
Ecom Express | Axis Capital | Fresh+OFS | 8/19/2024 | 11/29/2024 | DRHP |
iValue Infosolutions | IIFL Securities | OFS | 9/10/2024 | 12/23/2024 | DRHP |
Ather Energy | Axis Capital | Fresh+OFS | 9/11/2024 | 12/23/2024 | DRHP |
Oswal Pumps | IIFL Securities | Fresh+OFS | 9/20/2024 | 12/24/2024 | DRHP |
Schloss Bangalore (Hotel Leela) | JM Financial | Fresh+OFS | 9/23/2024 | 12/26/2024 | DRHP |
Highway Infrastructure | Pantomath Capital | Fresh+OFS | 9/27/2024 | 12/27/2024 | DRHP |
Regreen-Excel EPC | IIFL Securities | Fresh+OFS | 9/19/2024 | 12/31/2024 | DRHP |
Casagrand Premier Builder | JM Financial | Fresh+OFS | 9/23/2024 | 12/31/2024 | DRHP |
JSW Cement | JM Financial | Fresh+OFS | 8/20/2024 | 1/6/2025 | DRHP |
PMEA Solar Tech | IIFL Securities | Fresh+OFS | 9/23/2024 | 1/14/2025 | DRHP |
Vikran Engineering | Pantomath Capital | Fresh+OFS | 10/4/2024 | 1/14/2025 | DRHP |
Scoda Tubes | Monarch Networth | Fresh | 10/1/2024 | 1/15/2025 | DRHP |
All Time Plastics | Intensive Fiscal Services | Fresh+OFS | 10/3/2024 | 1/17/2025 | DRHP |
Sambhv Steel Tubes | Nuvama Wealth | Fresh+OFS | 10/3/2024 | 1/21/2025 | DRHP |
Ellenbarrie Industrial Gases | Motilal Oswal | Fresh+OFS | 9/23/2024 | 1/22/2025 | DRHP |
Varindera Constructions | ICICI Securities | Fresh+OFS | 10/3/2024 | 1/23/2025 | DRHP |
Brigade Hotel Ventures | JM Financial | Fresh | 11/5/2024 | 1/28/2025 | DRHP |
Indogulf Cropsciences | Systematix Corporate Services | Fresh+OFS | 10/1/2024 | 1/29/2025 | DRHP |
Aditya Infotech (CP Plus) | ICICI Securities | Fresh+OFS | 10/3/2024 | 1/29/2025 | DRHP |
SMPP Limited | Axis Capital | Fresh+OFS | 10/21/2024 | 1/29/2025 | DRHP |
Solarworld Energy Solutions | Nuvama Wealth | Fresh+OFS | 10/1/2024 | 1/30/2025 | DRHP |
Globe Civil Projects | Mefcom Capital Markets | Fresh | 10/3/2024 | 1/30/2025 | DRHP |
Prostarm Info Systems | Choice Capital Advisors | Fresh | 10/3/2024 | 1/31/2025 | DRHP |
Kumar Arch Tech | Motilal Oswal | Fresh+OFS | 10/3/2024 | 1/31/2025 | DRHP |
Midwest Limited | DAM Capital | Fresh+OFS | 10/3/2024 | 2/4/2025 | DRHP |
CIEL HR Services | Ambit Private | Fresh+OFS | 11/21/2024 | 2/14/2025 | DRHP |
Belrise Industries | Axis Capital | Fresh | 11/22/2024 | 2/25/2025 | DRHP |
Paramesu Biotech | Pantomath Capital | Fresh+OFS | 11/12/2024 | 2/28/2025 | DRHP |
Crizac Limited | Equirus Capital | OFS | 11/18/2024 | 3/4/2025 | DRHP |
Borana Weaves | Beeline Capital | Fresh | 11/16/2024 | 3/7/2025 | DRHP |
Innovision | Emkay Global | Fresh+OFS | 12/18/2024 | 3/12/2025 | DRHP |
LG Electronics India | Axis Capital | OFS | 12/9/2024 | 3/13/2025 | DRHP |
SEBI IPO Pipeline: Companies Awaiting SEBI IPO Approval (Prospectus Filed)
In addition to the long list of companies with regulatory clearances, there is an equally impressive IPO pipeline of companies having filed draft red herring prospectuses with SEBI. The market regulator scrutinizes the documents and makes sure adequate disclosures are made. The processing time for these companies to get necessary approvals depends on several factors including complexity of operations, past violations of regulatory norms, among others. As such, it is not surprising to see even well-established names getting stuck for long time-frames in this list and increasing the IPO pipeline.
Issuer Company | Lead Manager | Issue Type | Prospectus Filing Date | DRHP Link |
Hero FinCorp | JM Financial | Fresh+OFS | 7/31/2024 | DRHP |
Jaro Institute of Technology | Nuvama Wealth | Fresh+OFS | 9/30/2024 | DRHP |
Vikram Solar | JM Financial | Fresh+OFS | 9/30/2024 | DRHP |
HDB Financial Services | JM Financial | Fresh+OFS | 10/30/2024 | DRHP |
Aegis Vopak Terminals | ICICI Securities | Fresh | 11/18/2024 | DRHP |
Star Agriwarehousing | JM Financial | Fresh+OFS | 12/4/2024 | DRHP |
EAAA India Alternatives | Axis Capital | OFS | 12/5/2024 | DRHP |
Continuum Green Energy | Kotak Mahindra | Fresh+OFS | 12/9/2024 | DRHP |
Travel Food Services | Kotak Mahindra | OFS | 12/10/2024 | DRHP |
BlueStone Jewellery | Axis Capital | Fresh+OFS | 12/11/2024 | DRHP |
GK Energy | IIFL Capital | Fresh+OFS | 12/13/2024 | DRHP |
GNG Electronics (Electronics Bazaar) | IIFL Capital | Fresh+OFS | 12/14/2024 | DRHP |
Laxmi India Finance | PL Capital | Fresh+OFS | 12/15/2024 | DRHP |
Aye Finance | Axis Capital | Fresh+OFS | 12/16/2024 | DRHP |
GSP Crop Science | Equitas Capital | Fresh+OFS | 12/20/2024 | DRHP |
Jajoo Rashmi Refractories | Unistone Capital | Fresh | 12/21/2024 | DRHP |
Greaves Electric Mobility | Motilal Oswal | Fresh+OFS | 12/23/2024 | DRHP |
Ganesh Consumer Products | DAM Capital | Fresh+OFS | 12/23/2024 | DRHP |
IndiQube Spaces | ICICI Securities | Fresh+OFS | 12/24/2024 | DRHP |
Mangal Electrical Industries | Systematix Corporate Services | Fresh | 12/24/2024 | DRHP |
Sri Lotus Developers and Realty | Motilal Oswal | Fresh | 12/24/2024 | DRHP |
Earthood Services | Unistone Capital | Fresh+OFS | 12/26/2024 | DRHP |
Seshaasai Technologies | IIFL Capital | Fresh+OFS | 12/27/2024 | DRHP |
Gem Aromatics | Motilal Oswal | Fresh+OFS | 12/28/2024 | DRHP |
Ajay Poly | Motilal Oswal | Fresh+OFS | 12/28/2024 | DRHP |
A-One Steels | PL Capital | Fresh+OFS | 12/30/2024 | DRHP |
Caliber Mining | DAM Capital | Fresh+OFS | 12/30/2024 | DRHP |
Rajputana Stainless | Nirbhay Capital | Fresh+OFS | 12/30/2024 | DRHP |
Neelkanth Realtors | Swastika Investmart | Fresh | 12/30/2024 | DRHP |
Regaal Resources | Pantomath Capital | Fresh+OFS | 12/31/2024 | DRHP |
Anthem Biosciences | JM Financial | OFS | 12/31/2024 | DRHP |
Sunshine Pictures | GYR Capital Advisors | Fresh+OFS | 12/31/2024 | DRHP |
Jesons Industries | Motilal Oswal | Fresh+OFS | 1/9/2025 | DRHP |
Vidya Wires | Pantomath Capital | Fresh+OFS | 1/11/2025 | DRHP |
Shanti Gold | Choice Capital | Fresh | 1/13/2025 | DRHP |
Vinir Engineering | Pantomath Capital | OFS | 1/17/2025 | DRHP |
Veritas Finance | ICICI Securities | Fresh+OFS | 1/18/2025 | DRHP |
Lumino Industries | Motilal Oswal | Fresh+OFS | 1/20/2025 | DRHP |
Euro Pratik Sales | Axis Capital | OFS | 1/20/2025 | DRHP |
Kent RO Systems | Motilal Oswal | OFS | 1/21/2025 | DRHP |
Epack Prefab | Monarch Networth | Fresh+OFS | 1/21/2025 | DRHP |
Karamtara Engineering | JM Financial | Fresh+OFS | 1/22/2025 | DRHP |
Dorf-Ketal Chemicals | JM Financial | Fresh+OFS | 1/23/2025 | DRHP |
Shreeji Shipping | Beeline Capital | Fresh | 1/24/2025 | DRHP |
WeWork India | JM Financial | OFS | 1/31/2025 | DRHP |
Veeda Clinical Research | Axis Capital | Fresh+OFS | 1/31/2025 | DRHP |
Amanta Healthcare | Beeline Capital | Fresh | 2/3/2025 | DRHP |
Atlanta Electricals | Motilal Oswal | Fresh+OFS | 2/4/2025 | DRHP |
Shringar House of Mangalsutra | Choice Capital | Fresh | 2/5/2025 | DRHP |
Glottis Ltd | Pantomath Capital | Fresh+OFS | 2/8/2025 | DRHP |
Rite Water Solutions | JM Financial | Fresh+OFS | 2/10/2025 | DRHP |
SeedWorks International | Equirus Capital | Fresh | 2/11/2025 | DRHP |
Innovatiview India | DAM Capital | OFS | 2/13/2025 | DRHP |
M&B Engineering | Equirus Capital | Fresh+OFS | 2/17/2025 | DRHP |
Anlon Healthcare | Interactive Financial Service | Fresh | 2/20/2025 | DRHP |
LCC Projects | Motilal Oswal | Fresh+OFS | 2/21/2025 | DRHP |
ArMee Infotech | Khandwala Securities | Fresh | 2/26/2025 | DRHP |
MEIR Commodities | Smart Horizon | Fresh+OFS | 2/27/2025 | DRHP |
Excelsoft Technologies | Anand Rathi | Fresh+OFS | 2/28/2025 | DRHP |
Pranav Constructions | Centrum Capital | Fresh+OFS | 2/28/2025 | DRHP |
Fujiyama Power Systems | Motilal Oswal | Fresh+OFS | 3/6/2025 | DRHP |
Allchem Lifescience | Emkay Global | Fresh+OFS | 3/13/2025 | DRHP |
Saatvik Green Energy | DAM Capital | Fresh+OFS | 3/13/2025 | DRHP |
SSF Plastics India | IIFL Capital | Fresh+OFS | 3/20/2025 | DRHP |
Number of DRHPs filed in recent months
December 2024 – 34
January 2025 – 14
February 2025 – 14
Withdrawn IPOs + DRHPs Returned by SEBI
Issuer Company | Lead Manager | Issue Type | Prospectus Filing Date | Withdrawal Date | DRHP Link |
Mouri Tech (Withdrawn) | Nuvama Wealth | Fresh+OFS | 10/1/2024 | 12/31/2024 | DRHP |
Rahee Infratech (Withdrawn) | IIFL Securities | Fresh+OFS | 10/3/2024 | 1/10/2025 | DRHP |
Anand Rathi Share and Stock Brokers (Returned) | Nuvama Wealth | Fresh | 10/18/2024 | 1/17/2025 | DRHP |
Dev Accelerator (Returned) | Pantomath Capital | Fresh | 10/7/2024 | 2/5/2025 | DRHP |
SFC Environmental Technologies (Withdrawn) | IIFL Capital | Fresh+OFS | 12/4/2024 | 2/27/2025 | DRHP |
Advanced Sys-Tek (Withdrawn) | INGA Ventures | Fresh+OFS | 2/10/2025 | 2/27/2025 | DRHP |
Neilsoft (Returned) | Equirus Capital | Fresh+OFS | 1/1/2025 | 3/10/2025 | DRHP |
We keep updating this list of SEBI IPO approval status on a regular basis to offer our readers the most up-to-date information. This IPO pipeline includes IPO prospectus list of companies with SEBI IPO approvals and the ones awaiting regulatory clearances. Without a doubt, a strong IPO pipeline is beneficial for capital markets.

Some of these IPOs include special reservation for shareholders of their parent companies. Keeping track of such companies and purchasing as few as one share can improve the odds of IPO allotment for investors. It is important to highlight that this list includes only mainboard IPOs and not SME IPOs where respective stock exchanges take on the responsibility of vetting prospectus.
Disclaimer: No content on this website should be treated as investment advice. The idea behind this website is to spread financial literacy, especially with regard to IPOs, and to solicit discussion in our comments section. Please consult your financial advisor and undertake your due diligence before making any financial decision. In no way or circumstances, IPO Central will be responsible for your financial decisions. Here are some more resources for you:
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I want to know about fino payment bank ltd ipo date…
Can you tell me something on same??
it’s still making loss and hence ipo expected not before 2020
Please keep informing me about upcoming IPOs. I am interested in small and mid cap ipos only
If you are interested in small and mid cap IPO then go for VAXTEX COTFAB LIMITED. You can consider a moderate investment for Long term purpose. This is a low risk – Neutral return bet. Start your year by investing in this IPO.
Exxaro tiles ipo awaiting
Well requisite details furnished.
All the best for ever .
Is sebi approved cms infosystems pvt ltd ipo?
Kindly let us know date of nsdl IPO opening date.
When VIKRAM SOLAR IPO WILL BE IN MARKET
Please update about latest IPO News
Pls update about Motilal Oswal Home Finance IPO