The IPO wave is real—and next week, Dalal Street will see a full-on storm.
A record 12 IPOs worth ₹15,800 crore are lined up for launch, starting June 23. This includes 5 big ones from the mainboard and 7 from the SME segment. The star of the show? HDFC Bank’s HDB Financial Services IPO, pegged at a massive ₹12,500 crore—making it the biggest public issue of 2025 so far.
Let’s break it down.
The Big Launches on Mainboard
The action begins June 24. That’s when three major IPOs hit the market:
- Kalpataru Projects (Real estate) – Aims to raise ₹1,590 crore, price band ₹387–₹414.
- Ellenbarrie Industrial Gases – Targets ₹852.53 crore, price band ₹380–₹400.
- Globe Civil Projects – Will raise ₹119 crore, price band ₹67–₹71.
Next up, on June 25, comes the HDB Financial Services IPO. With a price band of ₹700–₹740, this NBFC aims to make a splash. It’s seen as a solid bet for retail and institutional investors alike. Also opening the same day is Sambhv Steel Tubes, a pipe maker, with a modest price band of ₹77–₹82.
Also Read HDFC’s Mega Move: India’s Largest NBFC IPO to Rock Dalal Street This June!
SME IPOs Keep the Fire Going
SME investors, don’t feel left out. The IPO energy is alive here too.
- AJC Jewel Manufacturers opens June 23. Small cap, ₹14.59 crore.
- June 24: Three IPOs worth ₹61.35 crore – Shri Hare-Krishna Sponge Iron, Icon Facilitators, and Abram Food.
- June 25: Suntech Infra Solutions (₹42.16 crore).
- June 26: Ace Alpha Tech and PRO FX Tech with IPOs worth ₹47.15 crore and ₹38.21 crore respectively.
Already open? Safe Enterprises, Mayasheel Ventures, and Aakaar Medical Technologies—all three will stay open till June 24.
IPO Listings: Who’s Debuting?
Eight companies are hitting the bourses next week.
- Arisinfra Solutions lists on June 23 (mainboard).
- In SME, Samay Projects and Patil Automation also debut on June 23, followed by Eppeltone Engineers (June 24) and Influx Healthtech (June 25).
- On June 27, Mayasheel Ventures, Safe Enterprises, and Aakaar Medical Technologies will start trading.
Why This IPO Boom?
According to Bajaj Broking Research, the market is thriving due to strong macros, liquidity, and rising retail + institutional participation. Despite global tensions (read: Middle East and trade tariffs), investor mood in India stays optimistic.
If this momentum holds, the primary market in FY26 may beat expectations—and possibly break records.
So, if you’ve been waiting for the right moment to dive into IPOs—this is it. Next week isn’t just busy, it’s explosive. From heavyweights like HDB to hidden SME gems, there’s something for every kind of investor.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
Also Read India’s ₹26,000 Cr IPO Storm Is Here- Eight Giants Set to Shake the Market This July!
