SEBI IPO Status: SEBI Upcoming IPOs in 2025

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 CompanyLead ManagerIssue TypeProspectus Filing DateSEBI Approval DateDRHP
Link
Gold Plus GlassIIFL SecuritiesFresh+OFS2/12/20246/29/2024DRHP
Patel RetailFedex SecuritiesFresh+OFS4/3/20248/21/2024DRHP
Belstar MicrofinanceICICI SecuritiesFresh+OFS5/6/20248/30/2024DRHP
SK FinanceKotak MahindraFresh+OFS5/13/20248/30/2024DRHP
Shivalik EngineeringAxis CapitalFresh+OFS7/1/20249/13/2024DRHP
NSDLICICI SecuritiesOFS7/10/20239/30/2024DRHP
Paras HealthcareIIFL SecuritiesFresh+OFS8/2/202410/18/2024DRHP
Avanse Financial ServicesKotak MahindraFresh+OFS7/31/202410/23/2024DRHP
Rubicon ResearchAxis CapitalFresh+OFS8/5/202410/31/2024DRHP
Metalman AutoAxis CapitalFresh+OFS8/14/202410/31/2024DRHP
ArisInfra SolutionsJM FinancialFresh8/14/202411/13/2024DRHP
Kalpataru LimitedICICI SecuritiesFresh8/22/202411/22/2024DRHP
TruAlt BioenergyDAM CapitalFresh+OFS8/20/202411/27/2024DRHP
Smartworks CoworkingJM FinancialFresh+OFS8/19/202411/28/2024DRHP
iValue InfosolutionsIIFL SecuritiesOFS9/10/202412/23/2024DRHP
Oswal PumpsIIFL SecuritiesFresh+OFS9/20/202412/24/2024DRHP
Highway InfrastructurePantomath CapitalFresh+OFS9/27/202412/27/2024DRHP
Regreen-Excel EPCIIFL SecuritiesFresh+OFS9/19/202412/31/2024DRHP
Casagrand Premier BuilderJM FinancialFresh+OFS9/23/202412/31/2024DRHP
JSW CementJM FinancialFresh+OFS8/20/20241/6/2025DRHP
PMEA Solar TechIIFL SecuritiesFresh+OFS9/23/20241/14/2025DRHP
Vikran EngineeringPantomath CapitalFresh+OFS10/4/20241/14/2025DRHP
All Time PlasticsIntensive Fiscal ServicesFresh+OFS10/3/20241/17/2025DRHP
Sambhv Steel TubesNuvama WealthFresh+OFS10/3/20241/21/2025DRHP
Ellenbarrie Industrial GasesMotilal Oswal Fresh+OFS9/23/20241/22/2025DRHP
Varindera ConstructionsICICI SecuritiesFresh+OFS10/3/20241/23/2025DRHP
Brigade Hotel VenturesJM FinancialFresh11/5/20241/28/2025DRHP
Indogulf CropsciencesSystematix Corporate ServicesFresh+OFS10/1/20241/29/2025DRHP
Aditya Infotech
(CP Plus)
ICICI SecuritiesFresh+OFS10/3/20241/29/2025DRHP
SMPP Limited Axis CapitalFresh+OFS10/21/20241/29/2025DRHP
Solarworld Energy Solutions Nuvama WealthFresh+OFS10/1/20241/30/2025DRHP
Globe Civil ProjectsMefcom Capital MarketsFresh10/3/20241/30/2025DRHP
Kumar Arch Tech Motilal OswalFresh+OFS10/3/20241/31/2025DRHP
Midwest LimitedDAM CapitalFresh+OFS10/3/20242/4/2025DRHP
CIEL HR ServicesAmbit PrivateFresh+OFS11/21/20242/14/2025DRHP
Paramesu BiotechPantomath CapitalFresh+OFS11/12/20242/28/2025DRHP
Crizac LimitedEquirus CapitalOFS11/18/20243/4/2025DRHP
InnovisionEmkay GlobalFresh+OFS12/18/20243/12/2025DRHP
LG Electronics IndiaAxis CapitalOFS12/9/20243/13/2025DRHP
IndiQube SpacesICICI SecuritiesFresh+OFS12/24/20243/24/2025DRHP
GSP Crop ScienceEquitas CapitalFresh+OFS12/20/20243/28/2025DRHP
Ganesh Consumer ProductsDAM CapitalFresh+OFS12/23/20243/28/2025DRHP
BlueStone JewelleryAxis CapitalFresh+OFS12/16/20244/1/2025DRHP
GK EnergyIIFL CapitalFresh+OFS12/17/20244/3/2025DRHP
Aye FinanceAxis CapitalFresh12/20/20244/3/2025DRHP
Anthem BiosciencesJM FinancialOFS1/2/20254/3/2025DRHP
Seshaasai TechnologiesIIFL SecuritiesFresh+OFS1/1/20254/11/2025DRHP
Continuum Green EnergyKotak MahindraFresh+OFS12/16/20244/15/2025DRHP
Travel Food ServicesKotak MahindraOFS12/16/20244/22/2025DRHP
Veritas FinanceICICI SecuritesFresh+OFS1/21/20254/29/2025DRHP
Laxmi India FinancePL CapitalFresh+OFS12/23/20244/30/2025DRHP
Jajoo Rashmi RefractoriesUnistone CapitalFresh12/27/20244/30/2025DRHP
Ajay PolyMotilal OswalFresh+OFS1/1/20254/30/2025DRHP
Regaal ResourcesPantomath CapitalFresh+OFS1/2/20254/30/2025DRHP
Greaves Electric MobilityMotilal OswalFresh+OFS12/26/20245/8/2025DRHP
Caliber MiningDAM CapitalFresh+OFS1/9/20255/13/2025DRHP
Gem AromaticsMotilal OswalFresh+OFS1/6/20255/13/2025DRHP
Jesons IndustriesMotilal OswalFresh+OFS1/14/20255/14/2025DRHP
Jaro Institute of TechnologyNuvama WealthFresh+OFS10/3/20245/15/2025DRHP
CredilaAxis CapitalFresh+OFS1/1/20255/15/2025Confidential
Euro Pratik SalesAxis CapitalOFS1/23/20255/15/2025DRHP
Sri Lotus Developers and RealtyMotilal OswalFresh1/3/20255/16/2025DRHP
Hero FinCorpJM FinancialFresh+OFS8/5/20245/22/2025DRHP
Dorf-Ketal ChemicalsJM FinancialFresh+OFS1/27/20255/27/2025DRHP
Shreeji ShippingBeeline CapitalFresh1/29/20255/27/2025DRHP
HDB Financial ServicesJM FinancialFresh+OFS11/5/20245/28/2025DRHP
Vikram SolarJM FinancialFresh+OFS10/3/20245/29/2025DRHP
A-One SteelsPL CapitalFresh+OFS1/10/20255/30/2025DRHP
Shanti GoldChoice CapitalFresh1/20/20255/30/2025DRHP
Mangal Electrical IndustriesSystematix Corporate ServicesFresh1/6/20256/3/2025DRHP
Vidya WiresPantomath CapitalFresh+OFS1/15/20256/4/2025DRHP
Kent RO SystemsMotilal OswalOFS1/23/20256/6/2025DRHP
Karamtara EngineeringJM FinancialFresh+OFS1/27/20256/6/2025DRHP
Lumino IndustriesMotilal OswalFresh+OFS1/23/20256/9/2025DRHP
M&B EngineeringEquirus CapitalFresh+OFS2/21/20256/11/2025DRHP
Sunshine PicturesGYR CapitalFresh+OFS1/10/20256/13/2025DRHP

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 CompanyLead ManagerIssue TypeProspectus Filing DateDRHP
Link
Vinir EngineeringPantomath CapitalOFS1/17/2025DRHP
Epack PrefabMonarch NetworthFresh+OFS1/21/2025DRHP
WeWork India
(Abeyance)
JM FinancialOFS1/31/2025DRHP
Veeda Clinical ResearchAxis CapitalFresh+OFS1/31/2025DRHP
Amanta HealthcareBeeline CapitalFresh2/3/2025DRHP
Atlanta ElectricalsMotilal OswalFresh+OFS2/4/2025DRHP
Shringar House of MangalsutraChoice CapitalFresh2/5/2025DRHP
Glottis LtdPantomath CapitalFresh+OFS2/8/2025DRHP
Rite Water SolutionsJM FinancialFresh+OFS2/10/2025DRHP
SeedWorks InternationalEquirus CapitalFresh2/11/2025DRHP
Innovatiview IndiaDAM CapitalOFS2/13/2025DRHP
LCC ProjectsMotilal OswalFresh+OFS2/21/2025DRHP
ArMee InfotechKhandwala SecuritiesFresh2/26/2025DRHP
Excelsoft TechnologiesAnand RathiFresh+OFS2/28/2025DRHP
Pranav ConstructionsCentrum CapitalFresh+OFS2/28/2025DRHP
Fujiyama Power SystemsMotilal OswalFresh+OFS3/6/2025DRHP
Allchem LifesciencesEmkay GlobalFresh+OFS3/13/2025DRHP
Saatvik Green EnergyDAM CapitalFresh+OFS3/13/2025DRHP
PhysicswallahKotak MahindraFresh+OFS3/19/2025Confidential
SSF Plastics IndiaIIFL CapitalFresh+OFS3/20/2025DRHP
GNG Electronics
(Electronics Bazaar)
Motilal OswalFresh+OFS3/25/2025DRHP
Studds AccessoriesIIFL CapitalOFS3/26/2025DRHP
Pace DigitekUnistone CapitalFresh3/27/2025DRHP
Ardee EngineeringIIFL CapitalFresh+OFS3/27/2025DRHP
VMS TMTArihant CapitalFresh3/27/2025DRHP
SIS Cash ServicesDAM CapitalFresh+OFS3/27/2025DRHP
Gujarat Kidney And Super SpecialityNirbhay CapitalFresh3/28/2025DRHP
Park Medi World
(Park Hospital)
Nuvama WealthFresh+OFS3/28/2025DRHP
Swastika InfraSrujan AlphaFresh+OFS3/30/2025DRHP
Prozeal Green EnergyNuvama WealthFresh+OFS3/30/2025DRHP
Jain Resource RecyclingDAM CapitalFresh+OFS3/30/2025DRHP
Dev AcceleratorPantomath CapitalFresh3/30/2025DRHP
ESDS SoftwareDAM CapitalFresh3/30/2025DRHP
Om Freight ForwardersSmart HorizonFresh+OFS3/31/2025DRHP
Runwal EnterprisesICICI SecuritiesFresh+OFS3/31/2025DRHP
Anand Rathi Share and Stock BrokersNuvama WealthFresh3/31/2025DRHP
Advance AgrolifeChoice CapitalFresh3/31/2025DRHP
Tata CapitalKotak MahindraFresh4/4/2025Confidential
Imagine Marketing
(boAt)
ICICI SecuritiesFresh+OFS4/7/2025Confidential
Anlon HealthcareInteractive FinancialFresh4/19/2025DRHP
Prestige Hospitality VenturesJM FinancialFresh+OFS4/24/2025DRHP
Canara Robeco Asset ManagementSBI CapitalOFS4/24/2025DRHP
Canara HSBC Life InsuranceSBI CapitalOFS4/28/2025DRHP
Urban CompanyKotak MahindraFresh+OFS4/28/2025DRHP
Priority JewelsMefcom Capital MarketsFresh4/30/2025DRHP
Jinkushal IndustriesGYR Capital AdvisorsFresh+OFS4/30/2025DRHP
Corona RemediesJM FinancialOFS4/30/2025DRHP
BMW VenturesSarthi Capital AdvisorsFresh4/30/2025DRHP
Mouri TechNuvama WealthFresh+OFS5/5/2025DRHP
Ravi Infrabuild ProjectsMotilal OswalFresh5/8/2025DRHP
ShiprocketAxis CapitalFresh+OFS5/21/2025Confidential
Kanodia CementAnand RathiOFS5/22/2025DRHP
KSH InternationalNuvama WealthFresh+OFS5/22/2025DRHP
Billionbrains Garage
Ventures (Groww)
JP Morgan IndiaFresh+OFS5/26/2025Confidential
NeilsoftEquirus CapitalFresh+OFS5/26/2025DRHP
Fusion CXNuvama WealthFresh+OFS5/26/2025DRHP
Central Mine Planning & Design Institute IDBI CapitalOFS5/27/2025DRHP
Bharat Coking Coal (BCCL)IDBI CapitalOFS5/30/2025DRHP
Aequs LimitedKotak MahindraFresh+OFS6/2/2025Confidential
Lalithaa Jewellery MartAnand RathiFresh+OFS6/6/2025DRHP
Orkla India (MTR Foods)ICICI SecuritiesOFS6/10/2025DRHP
Tea PostSrujan AlphaFresh+OFS6/10/2025DRHP
Earthood ServicesUnistone CapitalOFS6/13/2025DRHP
Waterways Leisure TourismCentrum CapitalFresh6/13/2025DRHP

Number of DRHPs filed in recent months

December 2024 – 26
January 2025 – 14
February 2025 – 14
March 2025 – 22
April 2025 – 12
May 2025 – 10

Withdrawn IPOs + DRHPs Returned by SEBI

Issuer CompanyLead ManagerIssue TypeProspectus Filing DateWithdrawal DateDRHP
Link
Rahee Infratech
(Withdrawn)
IIFL SecuritiesFresh+OFS10/3/20241/10/2025DRHP
SFC Environmental Technologies
(Withdrawn)
IIFL Capital Fresh+OFS12/4/20242/27/2025DRHP
Advanced Sys-Tek
(Withdrawn)
INGA Ventures Fresh+OFS2/10/20252/27/2025DRHP
Star Agriwarehousing (Returned)JM FinancialFresh+OFS12/9/20243/19/2025DRHP
Indira IVF
(Withdrawn)
Kotak MahindraOFS2/13/20253/19/2025Confidential
EAAA India Alternatives
(Returned)
Axis CapitalOFS12/5/20243/27/2025DRHP
Neelkanth Realtors
(Returned)
Swastika InvestmartFresh12/30/20243/28/2025DRHP
Rajputana Stainless
(Returned)
Nirbhay Capital Fresh+OFS12/30/20244/11/2025DRHP
MEIR Commodities
(Withdrawn)
Smart HorizonFresh+OFS3/1/20255/2/2025DRHP
Sai Infinium
(Withdrawn)
Sarthi CapitalFresh4/3/20256/4/2025DRHP

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.

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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:

11 COMMENTS

    • 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.

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